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,
Asian shares retreated from record highs on Friday as investor concern over shrinking profit margins in the technology sector sent tremors through global markets. The selloff was triggered by disappointing results from
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Minister of Labor and Deputy Minister of Finance and Planning, Anil Jayantha Fernando, expressed confidence that the sixth and seventh installments of the International Monetary Fund (IMF) credit facility will be released
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Singapore has unveiled its most ambitious Budget yet, setting aside a record $154.7 billion to bolster economic competitiveness, invest in artificial intelligence (AI), and provide expanded support for families and workers. Announced
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What does India’s recently presented Union Budget signify beyond its ledger of receipts and expenditures? Can it confront structural constraints, manage the trade imbalance, and sustain domestic financial stability in an increasingly
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The inner financial world of a multibillionaire is rarely visible to the public, but newly scrutinized documents tied to the Jeffrey Epstein investigations have opened an unusual window into how vast fortunes
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Sri Lanka has stepped up efforts to reassure international investors following its debt restructuring, with the Finance, Planning and Economic Development Ministry holding a formal briefing aimed at strengthening transparency and engagement
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Goldman Sachs has made a decisive strategic shift toward India, committing roughly $500 million over the past three years to expand its banking franchise as it seeks to transform its presence from
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Two senior leaders at Elon Musk’s artificial intelligence venture xAI have stepped down, marking the latest high-profile departures from the company as it seeks to close the gap with dominant players in
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The idea that artificial intelligence could one day manage personal finances no longer belongs to science fiction. Millions of people already consult large language models for everything from budgeting tips to stock
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Sri Lanka’s tourism sector has begun 2026 with a troubling contradiction, as rising visitor numbers have failed to translate into higher revenues. According to the latest data released by the Central Bank
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Sri Lanka’s official reserve assets recorded a slight decline in January 2026, reflecting ongoing pressures on the country’s external buffers even as the Central Bank strengthened its gold holdings. According to the
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Artificial intelligence dominated the 2026 Super Bowl advertising slate, not just as a tool behind the scenes but as the central theme, product, and even punchline of the night. Following last year’s
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Asian markets rallied sharply on Monday, driven by a decisive election victory for Japanese Prime Minister Sanae Takaichi that raised expectations of aggressive reflationary policies, alongside relief over a last-minute rebound in
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India is set to secure zero-duty access for goods worth around $44 billion under the first phase of a new bilateral trade agreement with the United States, marking a significant expansion of
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Tata Steel has warned it may be forced to mothball steel mills across the United Kingdom, putting more than 3,000 jobs at risk, as the country becomes what executives describe as a
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