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,
Sri Lanka’s Parliament is providing official residential units in the Madiwela parliamentary housing complex to 111 serving lawmakers at a monthly rent of just Rs.2,000 per unit, according to information released under
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Hungary’s new government is stepping up pressure on Chinese companies, reopening previously approved investment and funding agreements while tightening environmental regulations for factories, a shift that is beginning to disrupt plans by
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In Sri Lankan society, the betel leaf is not merely a plant leaf, but a paramount cultural symbol intertwined with our rituals, customs, and hospitality. A sheaf of betel leaves holds a
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China’s export growth accelerated in August, reinforcing the importance of overseas demand to an economy still struggling with weak domestic consumption, slowing investment and prolonged weakness in the property market. Exports expanded
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China has completed the maritime safety system for the approaches to the Pinglu Canal, officially releasing its nautical map and fully installing aids to navigation along the canal’s seaward stretch on Monday,
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India’s efforts to curb gold purchases have failed to weaken consumer demand, with the country’s largest jewellery retailer reporting sharply higher profits and increased customer traffic in the latest quarter. Titan, part
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Sweden risks losing its position as one of the world’s leading centres for start-ups and vibrant equity markets if the leftwing opposition wins the country’s elections on September 13, according to one
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On a Monday evening in May, Japan’s Finance Minister Satsuki Katayama sat down for dinner with US Treasury Secretary Scott Bessent at a Japanese restaurant inside a 400-year-old garden in central Tokyo.
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The Indian rupee climbed to a two-month high on Thursday after a massive wave of overseas fundraising through special measures exceeded market expectations, strengthening the currency’s outlook as renewed U.S.-Iran conflict pushes
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JPMorgan Chase has sharply reduced the financing it provides to Jane Street, according to reporting by the Financial Times, as the secretive trading firm’s rapid expansion into the bond market brings it
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Sanae Takaichi’s rise to power was greeted by many in her home region of Nara as the arrival of a politician capable of breaking Japan’s long-running cycle of ageing demographics, weak growth
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Apple has awarded Tim Cook a $47mn pay package as he moves from chief executive to executive chair, a deal that brings his compensation close to that of his successor and signals
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China’s technological competition with the United States is increasingly becoming a contest over something less visible than advanced chips, artificial intelligence or industrial software: who can finance innovation for long enough, and
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Indonesia is placing more than US$70 billion of annual commodity exports under closer government scrutiny as Danantara Sumberdaya Indonesia (DSI) prepares to launch its export monitoring platform on Tuesday, Sep 1. The
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India’s insolvency tribunal has granted Essel Group chair Subhash Chandra a major reprieve, allowing him to settle claims arising from personal guarantees on his group’s borrowings for just Rs65mn ($683,000), representing a
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