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,
Airbus chief executive Guillaume Faury has issued a stark warning to staff that the aerospace giant must be prepared to adapt to a new era of geopolitical uncertainty, after the company suffered
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Gold climbed to an unprecedented high above $5,000 an ounce on Monday, extending a dramatic rally that has seen investors rush into the safe-haven metal amid escalating geopolitical and financial uncertainty. The
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Nigel Farage has reaffirmed his plan to scrap the interest payments the Bank of England currently pays to commercial banks on reserves built up during quantitative easing, saying the move is necessary
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The builder of the superyacht on which British technology entrepreneur Mike Lynch died has launched a £400m lawsuit against his widow, escalating a bitter legal battle over responsibility for one of the
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Britain and China are moving to revive a “golden era” business dialogue as Prime Minister Keir Starmer prepares for a planned visit to Beijing next week, three sources familiar with the initiative
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by Durga Jamie Dimon’s conversation with The Economist’s editor-in-chief Zanny Minton Beddoes at the World Economic Forum in Davos was, in many ways, a warning shot fired across the bow of global
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The rapid rise of artificial intelligence has reshaped technology markets worldwide, but questions are mounting about the financial sustainability of the companies driving the revolution. A New York Times columnist has made
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According to a spokesperson from the nation’s finance ministry, Malaysia has approached debt arrangers with a request for proposals, marking the first step toward a potential dollar bond issuance. The government said
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In a stark appeal to the nation’s corporate elite, U.S. Chamber of Commerce CEO Suzanne Clark called on executives to defend free markets “fearlessly,” signaling growing unease among business leaders as President
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Despite official data showing India’s economy expanding at 7.4% in the year ending March, Prime Minister Narendra Modi faces a high-stakes decision that could determine whether the country’s growth story continues or
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A tidal wave of maturing bank deposits is prompting Chinese households to hunt for higher-yielding investments, a shift that could inject fresh momentum into the nation’s financial markets at a time when
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Private credit, one of the fastest-growing corners of global finance, is facing its sharpest test in years as investors pulled more than $7bn from some of Wall Street’s largest funds in the
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A Japanese government investigation has found that 118 orders for U.S. military equipment worth 1.14 trillion yen, or about $7.21 billion, remain undelivered at least five years after contracts were signed, in
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The chief executive of HSBC is considering a potential sale of the bank’s life insurance operations in Singapore, a move that could fetch more than $1 billion and mark another significant step
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Global trade is entering 2026 under unprecedented strain, with slower economic growth, rising protectionism, geopolitical fragmentation, and rapid digital and environmental transitions converging to reshape the international economic landscape. According to the
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