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,
AstraZeneca has reported its largest quarterly revenue in company history, with third-quarter sales rising 10% to $15.2 billion, exceeding analyst expectations of $14.8 billion. The FTSE 100 pharmaceutical company said it remains
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Japan’s ruling Liberal Democratic Party (LDP) is preparing to secure around ¥1 trillion ($6.5 billion) annually to strengthen the country’s semiconductor and artificial intelligence sectors, according to Yoshihiro Seki, a key lawmaker
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank’s headcount is likely to remain steady or even increase as artificial intelligence becomes more deeply integrated into its operations, countering
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Marks & Spencer has revealed the full financial damage caused by a major cyberattack that crippled its operations earlier this year, sending pre-tax profit plunging 99 per cent and stalling recovery in
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The Norway Government Pension Fund Global, which manages £1.47 trillion in assets, has announced it will vote against Elon Musk’s proposed Tesla compensation package that could award the company’s CEO shares worth
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Apple Inc. is preparing a major shift in strategy by developing a budget-friendly Mac laptop aimed at luring customers away from Chromebooks and entry-level Windows PCs. Code-named J700, the new device is
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Some 20 kilometers off the coast of Tianjin, a towering offshore platform rises from the Bohai Sea, symbolizing China’s $468 billion drive to boost domestic oil and gas output. The Caofeidian 11-1
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The global selloff in semiconductor stocks accelerated this week as investors fretted over stretched valuations among some of the artificial intelligence sector’s biggest winners. South Korea’s Kospi fell as much as 6.2%
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The era of nearly free money in Japan is over—and the nation’s companies are responding with unprecedented vigor on the global stage. According to Bloomberg, Japanese firms have raised $132 billion so
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Nearly one-third of solicitors’ firms in England and Wales have breached anti-money laundering (AML) rules in the past year, according to new figures from the Solicitors Regulation Authority (SRA). As reported by
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The Reserve Bank of India (RBI) is set to meet select primary dealers and banks on Tuesday to discuss current market conditions, three traders told Reuters. The move comes amid concerns that
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The sprawling business empire of Chen Zhi, the China-born chairman of Cambodia’s Prince Holding Group, is rapidly unraveling as U.S. and UK authorities crack down on alleged transnational criminal operations. Bloomberg reports
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Hong Kong is set to ease rules governing crypto trading to encourage greater activity in the city’s digital asset market, Bloomberg reports. Julia Leung, Chief Executive Officer of the Hong Kong Securities
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When excavators tore down the East Wing of the White House in late October, the move shocked both the public and professional builders. Within days, the 123-year-old structure was gone—making way for
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by Our Correspondent in Colombo Sri Lanka’s government debt climbed sharply in the first half of 2025, raising concerns over fiscal stability and economic sustainability. According to the Weekly Economic Indicators Report
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