Sri Lanka’s trade deficit widened by 69% in the first seven months of 2026, exceeding US$6.5 billion, as a sharp rise in import expenditure far outpaced the modest growth in export earnings,
Africa’s sovereign wealth funds are rapidly emerging as major financial drivers of the continent’s mining industry, with combined assets surpassing $164 billion and governments increasingly using them to reduce dependence on foreign
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eBay has formally rejected a $56 billion takeover proposal from GameStop, setting the stage for a potentially explosive corporate battle between two of the most recognizable names in American retail and e-commerce.
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Goldman Sachs recorded its highest revenue from Japan in more than 15 years, underscoring a powerful resurgence in the country’s financial markets that has drawn renewed attention from major global banks. The
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The Ceylon Chamber of Commerce is set to lead a high-level corporate delegation to Mumbai on 13 May 2026 for the India–Sri Lanka Business Forum, in collaboration with the Confederation of Indian
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Indian Prime Minister Narendra Modi has issued an unusual nationwide appeal asking citizens to refrain from buying gold for at least a year, in a bid to preserve foreign exchange reserves and
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China’s industrial sector has recorded its fastest factory-gate inflation increase since the post-Covid period, with producer prices rising 2.8% in April compared to a year earlier, according to data cited by Bloomberg
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The UK government is preparing to announce the full nationalisation of British Steel in the upcoming King’s Speech, marking a dramatic escalation in state intervention aimed at securing the future of one
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The phrase “non-financial misconduct” sounds almost comically bland for a category of behaviour capable of shaking the world’s largest corporations. Yet inside boardrooms from New York to London, those three words —
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Global shipping giant AP Moller-Maersk says it is facing a financial hit of around $500 million per month due to disruption caused by the ongoing Middle East war, with its chief executive
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HSBC’s recent disclosure of a “fraud-related” charge linked to the collapse of Market Financial Solutions (MFS) has placed the bank at the centre of one of the most consequential private credit failures
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Multiple Chinese media outlets have reported that FIFA initially demanded between $250 million and $300 million for World Cup broadcasting rights in China, triggering widespread debate over the escalating cost of securing
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Hedge funds have delivered their strongest monthly performance in nearly five years, fueled by a powerful rally in technology stocks that lifted markets across the United States and reignited risk appetite among
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Singapore has secured the highest monitoring rating from the Financial Action Task Force (FATF) for its efforts to combat money laundering and financial crime, even as the country continues to grapple with
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A fierce family conflict at the heart of one of Malaysia’s most powerful corporate dynasties has escalated into a full-scale boardroom and courtroom battle, paralysing decision-making at Cahya Mata Sarawak and casting
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Elon Musk has settled a civil lawsuit brought by the U.S. Securities and Exchange Commission over his delayed disclosure of a significant stake in Twitter, now known as X, agreeing to pay
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