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,
The Indian IPO market, once hailed as a golden ticket for investors seeking rapid wealth, is now revealing the harsh reality behind the numbers. Since 2024, approximately 198 companies have gone public,
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Rolls-Royce has warned that it may move production abroad if it does not receive financial support from the United Kingdom government to re-enter the fast-growing market for single-aisle aircraft engines, setting up
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Banking employees at HSBC Holdings are set to share a bonus pool exceeding $3.9 billion, the lender’s largest payout in more than a decade, after annual profits surpassed analyst expectations despite an
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The Export Development Board has reported a decline in export revenue from garments and textiles in January this year compared with the same month of the previous year, raising concerns about the
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Huawei Technologies reported revenue of over 880 billion yuan (US$127 billion) in 2025, marking its second-highest annual performance on record, company executives announced Tuesday at the 2026 Guangdong High-quality Development Conference. The
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Amancio Ortega, the Spanish billionaire behind Inditex and the iconic Zara brand, is preparing one of his most significant investments on the opposite side of the globe from his birthplace. Last week,
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Gold climbed to a three-week high while bitcoin fell sharply below $65,000 as markets reacted to escalating uncertainty over US trade policy. The flight to safety was triggered by a 6–3 Supreme
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Shares of Novo Nordisk dropped more than 16 percent on Monday, wiping out the remaining gains from its flagship weight-loss drug Wegovy, after the company reported that its next-generation obesity treatment, CagriSema,
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Hong Kong and the United Arab Emirates are deepening financial cooperation through regulatory alignment and a shared focus on digital assets, creating new pathways for cross-border investment flows between China and the
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Treasury bill yields in Sri Lanka have fallen sharply across all maturities for the fifth consecutive week, with three-month bills dipping below the central bank’s Overnight Policy Rate (OPR) of 7.75%, reflecting
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Paramount Skydance’s audacious $108 billion bid to acquire Warner Bros Discovery (WBD) has cleared a major antitrust hurdle in the United States, marking a pivotal moment in the escalating clash with Netflix.
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OpenAI is preparing for an ambitious expansion, targeting roughly $600 billion in total compute spending through 2030, according to a source familiar with the matter. The move comes as the ChatGPT creator
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In a glittering ballroom at Mar-a-Lago, recently pardoned Binance founder Changpeng Zhao made a highly anticipated return to the United States, marking his first visit since his release from a California federal
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Prime Minister Sanae Takaichi has set her sights on eliminating the 8% consumption tax on food for two years, a key pledge in the lead-up to the February 8 Lower House election.
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The chief financial officer of Nippon Steel Corporation, Takahiko Iwai, told Bloomberg that the long-running steel glut driven by record Chinese exports may be approaching its end, offering hope for a recovery
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