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,
Paramount Skydance has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, clearing a major legal obstacle to its historic $110 billion acquisition of Warner Bros. Discovery.
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According to the latest report from the Central Bank of Sri Lanka, tourism earnings between January and August 2026 amounted to US$2,061.1 million, down from US$2,290 million recorded during the corresponding period
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For decades, Sri Lanka’s national airline has occupied an uneasy place in the country’s public life: a source of national pride on one hand and a continuing financial burden on the other.
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Singapore has raised more than S$1.1 million (US$862,000) from the first auction of luxury goods seized in the country’s S$3 billion (US$2.35 billion) money laundering case, with intense competition for handbags and
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China’s revenue from stamp duty on stock sales surged 82 per cent year on year in the first eight months of the year, reflecting a sharp increase in trading activity as investor
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Sri Lanka’s debt is considered sustainable, but risks surrounding the country’s ability to maintain that position remain at a high level, according to an assessment attributed to the International Monetary Fund (IMF).
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Hong Kong has unveiled its first five-year strategic blueprint, placing the financial sector at the centre of its economic strategy and describing finance as the city’s “pivotal and crowning strength”. The plan,
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China reduced its holdings of US Treasuries to an 18-year low in July, highlighting a broader retreat by foreign holders of American government debt as concerns over the sustainability of Washington’s finances
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The renminbi’s role in South-east Asia is moving beyond trade settlement as companies increasingly incorporate the Chinese currency into their treasury strategies, financing arrangements and capital-market activities. Karen Ng, Standard Chartered’s head
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Malaysia’s multibillion-dollar data-centre expansion is creating a broader opportunity for the country to capture more of the artificial intelligence supply chain, with companies and industry leaders looking beyond server facilities towards chips,
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India’s exports surged 26% in August, helped by a sharp increase in shipments to the United States, a weaker rupee and lower gold imports, according to data released Tuesday by the Ministry
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Hidden among the lush green mountains of central Mexico, beside a rarely travelled gravel road, a ramshackle building operated in near secrecy. But the loud mechanical whirring of hundreds of specialised computers,
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To understand India’s growing trade imbalance with China, look inside Indian factories, The New York Times reports. Chinese machinery, electronic components and industrial materials remain deeply embedded in Indian production. Electric vehicle
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Mohamed Kassen, an Egyptian entrepreneur, believes Africa could become the new promised land of the global textile industry. For decades, he has pursued that idea with what can sometimes appear to be
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South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
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