Malaysia’s economy grew 5.3 per cent year on year in the third quarter of 2026, supported by stronger manufacturing activity and a surge in exports, although declining mining output and slower services
Sri Lanka’s garment export earnings fell 7.4% in August 2026 compared with the same month a year earlier, according to export data released by the Central Bank of Sri Lanka. Garment export
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Sri Lanka spent US$4.07 billion on fuel imports during the first eight months of 2026, a 61.6 per cent increase from the US$2.52 billion recorded during the same period last year, according
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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,
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A significant discrepancy has emerged between a population figure published by Sri Lanka’s Central Bank for the Northern Province and the latest official census data issued by the Department of Census and
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Advanced Micro Devices has agreed to acquire artificial intelligence startup World Labs for $8.2 billion, adding a team of prominent AI researchers and its technology to the chipmaker’s expanding portfolio. The all-stock
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China’s State Council has called for stronger countercyclical economic policies and encouraged local governments to pilot measures aimed at increasing domestic consumption as Beijing responds to slowing growth and weak consumer demand.
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SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
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Australia’s largest gold producer, Northern Star Resources, has rejected a A$39bn ($27bn) takeover offer from South Africa’s Gold Fields, blocking a proposed combination that would have created the world’s second-largest gold miner.
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Southeast Asian businesses are looking to China’s newly opened Pinglu Canal to reduce transport bottlenecks and provide direct access to markets deep inside the country, but officials and analysts warn that the
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Over three decades, China has transformed from a relatively poor economy into the world’s largest economy by purchasing power parity, overtaking both the United States and the European Union. In 1990, China’s
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Volkswagen chief executive Oliver Blume has secured stakeholder backing for his turnaround plan, but the German carmaker now faces difficult negotiations over job cuts and plant closures, alongside unresolved questions about its
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Jane Street is set to double its London office space after outgrowing its existing premises near Liverpool Street during a period of rapid growth for the specialist trading firm. The company has
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HSBC has moved a board meeting scheduled for Dubai this month to London amid continuing security concerns linked to the conflict involving Iran, according to people familiar with the decision. Board members
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An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility (EFF) arrangement and the 2026 Article IV Consultation,
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Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, plans to open data centres in Turkey, Finland and the Netherlands over the next 12 months as it accelerates its international expansion
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