Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
According to local media in Colombo, the ambitious plan to establish South Asia’s largest commercial and logistics complex within the Port of Colombo has been officially cancelled, marking a significant reversal in
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The latest edition of the Sunday Times Rich List offers an unusually stark snapshot of Britain’s shifting relationship with global wealth. What has long been described in whispers by wealth advisers and
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The Venezuelan government has formally launched a comprehensive process to restructure its external sovereign debt and the obligations of state oil company Petróleos de Venezuela S.A., marking a major financial reset after
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US hedge fund giant Citadel has ordered several of its core quantitative researchers in Hong Kong to either relocate overseas or leave the company, according to a report by the Financial Times,
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The African Union has unveiled plans to launch the Africa Credit Rating Agency (AfCRA) in June, marking a major step toward financial sovereignty for the continent. The announcement was made by African
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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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