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,
Russia’s gold reserves have reached a record valuation, surpassing $400 billion for the first time, according to data released by the country’s central bank. As of February 1, the value of Russia’s
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India’s central bank has unveiled a set of measures aimed at boosting credit flow to small businesses and the real estate sector, signalling a renewed push to deepen access to formal financing
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Amazon has signalled that it will push ahead with one of the largest investment programmes in corporate history, forecasting capital expenditure of about $200 billion in 2026, largely driven by artificial intelligence,
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ElevenLabs, a UK company specializing in ultra-realistic AI-generated human voices and music, has secured $500 million in a funding round that values the business at $11 billion, more than triple its worth
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Asian stock markets fell on Thursday as concerns over escalating spending on artificial intelligence unsettled investors, with technology companies facing particular pressure. MSCI’s broadest Asia-Pacific index outside Japan slid 1%, while South
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India’s trade with China surged past $155 billion in 2025, marking a 12% increase from the previous year, according to Chinese ambassador Xu Feihong, Mint reports. Indian exports to China also rose
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by Nil In January 2026, the Bank for International Settlements published a dense but far-reaching study that cuts to the core of the modern international financial system. Titled Dollarisation waves: new evidence
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Any hopes that Big Tech might be easing off its massive artificial intelligence spending appear misplaced, as 2026 is shaping up to be another record year for investment across the global technology
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Profit at Indian billionaire Gautam Adani’s flagship firm Adani Enterprises more than doubled in the October–December quarter, as robust growth in its airports business and a one-time gain from a divestment outweighed
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Howard and Aidan Barclay have been granted six weeks to negotiate a deal with their creditors in an effort to avoid bankruptcy proceedings initiated by HSBC over debts linked to the collapse
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France, a founding member of the European Union and for decades one of its wealthiest economies, is sliding steadily down the continent’s prosperity rankings, raising alarms among economists and commentators who warn
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It has rarely been this hectic at the start of a year for Hong Kong’s equity markets. In January alone, companies raised about $5 billion through initial public offerings, the highest total
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Government sources said yesterday that the long-running controversy surrounding the appointment of a new Auditor General, which has triggered a serious administrative crisis, is expected to be resolved tomorrow (03). The assurance
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The Indian rupee strengthened sharply against the US dollar on Monday, February 2, gaining more than 40 paise after a likely intervention by the Reserve Bank of India helped arrest a slide
More Indian government bond yields surged sharply on Monday, February 2, after the Union Budget revealed a significantly higher gross borrowing programme than markets had anticipated. The yield on the benchmark 10-year government
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