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Business - Page 3

August 11, 2026
Human Rights/Sri Lanka

A Third Way for Sri Lanka — Lifting the rural economy

While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory

Business

Bond Yields Spike After Budget Borrowing Shock, Raising Fears of 7% Threshold

Indian government bond yields surged sharply on Monday, February 2, after the Union Budget revealed a significantly higher gross borrowing programme than markets had anticipated. The yield on the benchmark 10-year government bond jumped by about 8 basis points, opening

February 2, 2026

KPMG Partners Overtake PwC with £880,000 Payout

World

KPMG partners have surged past their counterparts at PwC to become the second-highest paid among the Big Four accountancy firms, according to the latest

EU Poised to Sign Landmark Mercosur Trade Deal Despite French Resistance

Business/Trade Wars

The pact, which will create an integrated market of 780 million consumers and marks the EU’s largest trade deal in decades, was finalized at

Indian Rupee Surges to Four-Month High on Hopes of US Trade Deal

October 15, 2025
Business

The Indian rupee posted its biggest gain in nearly four months on Wednesday, rebounding from near-record lows as optimism grew over a potential trade agreement with the United States. The currency rose

More

China’s Foreign Reserves Rise in September Amid Global Market Gains

October 9, 2025
Diplomacy

China’s foreign exchange and gold reserves rose in September, supported by global bond rallies and a softer U.S. dollar, signaling resilience in the country’s external position despite a broader slowdown in central

More

British Fintech Revolut Launches in India, Targets $30 Billion Cross-Border Payments Market

October 8, 2025
Business

London-headquartered fintech Revolut has officially launched in India, aiming to disrupt the country’s cross-border payments and foreign exchange market. According to the company, Indians spend around $30 billion overseas each year and

More

Elon Musk’s xAI Eyes $20 Billion Mega-Raise With Nvidia Backing

October 8, 2025
Business

Elon Musk’s artificial intelligence startup, xAI, is raising more money than initially planned — bringing its total funding round to about $20 billion with a major equity investment from Nvidia Corp., according

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Starmer Shuts Door on More Indian Visas Despite Business Pressure

October 8, 2025
Business

Prime Minister Keir Starmer has ruled out opening additional visa pathways for Indian professionals under the recently signed UK-India free trade agreement, pushing back against business leaders who say the country risks

More

Deloitte Forced to Refund Australian Government After AI Errors in Official Report

October 7, 2025
Artificial Intelligence

Deloitte has agreed to partially refund the Australian government after acknowledging that an official report it produced contained multiple factual and citation errors caused by artificial intelligence, according to a statement from

More

China Accelerates Oil Reserve Construction Amid Rising Global Energy Risks

October 7, 2025
Business/Trade Wars

China is rapidly expanding its oil reserve capacity as part of a strategic campaign to strengthen its energy security, a push that has gained urgency following Russia’s invasion of Ukraine and continued

More

Sri Lanka President’s Budget: Rs. 9Billion This Year, Rs. 11Billion Next Year

October 4, 2025
Politics/Sri Lanka

Deputy Minister of Finance Anil Jayantha has pushed back against recent reports suggesting that the President’s expenditure head in Sri Lanka’s 2025 budget has tripled compared to the previous year. He emphasized

More

Kuwait Petroleum Taps JPMorgan to Explore $7 Billion Pipeline Leasing Deal

October 2, 2025
Business

Kuwait Petroleum Corp. (KPC) has enlisted JPMorgan Chase & Co. to advise on a potential leasing deal involving part of its pipeline network, according to people familiar with the matter. The state-run

More

South Korea May Advance Security Deal With U.S. Ahead of Trade Talks

October 2, 2025
South Korea/World

South Korea is considering moving forward with a new security agreement with the United States before concluding stalled trade negotiations, the country’s foreign minister told reporters, Bloomberg reports. Foreign Minister Cho Hyun

More
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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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