In Sri Lankan society, the betel leaf is not merely a plant leaf, but a paramount cultural symbol intertwined with our rituals, customs, and hospitality. A sheaf of betel leaves holds a
Goldman Sachs chief executive David Solomon has warned that financial markets are currently driven more by “greed than fear,” reflecting an increasingly optimistic Wall Street atmosphere that has pushed US equities to
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Artificial intelligence powerhouse Anthropic has confidentially filed for a U.S. initial public offering, positioning itself ahead of rival OpenAI in a closely watched contest to become the defining public company of the
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Global alternative asset manager Blackstone has successfully raised $13.1 billion for its latest Asia-focused private equity fund, surpassing its original target and marking the largest private equity fundraising effort in the firm’s
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SoftBank Group has overtaken Toyota Motor Corporation to become Japan’s most valuable listed company, marking a symbolic shift in the country’s corporate hierarchy as global demand for artificial intelligence fuels a historic
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Chinese online retailer Temu has been fined €200 million ($232 million) by European Union regulators for failing to adequately prevent the sale of illegal products on its platform, marking one of the
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For decades, Sri Lanka’s economic trajectory has been severely constrained by a persistent structural vulnerability: the twin deficits. The country has simultaneously run a chronic fiscal deficit and a structural trade deficit,
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A senior official of the Reserve Bank of Australia has delivered a stark assessment of how renewed conflict in the Middle East is reshaping the global inflation landscape and feeding directly into
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The geography of global wealth is undergoing a dramatic shift, as Gulf states and fast-growing Asian economies outpace many mature Western markets in billionaire growth rates, reshaping the balance of economic power.
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Indonesia has begun a sweeping crackdown targeting major palm oil producers over allegations of under-invoicing and transfer pricing in commodity exports, raising pressure on some of the country’s most powerful agribusiness groups.
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China has accumulated more than 30 days’ worth of coal supplies to ensure power stability ahead of an expected summer electricity crunch linked to the El Niño climate pattern. The National Development
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