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
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
More
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
More
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
More
BlackRock, the world’s largest investment manager, reported a fourth-quarter profit that comfortably exceeded Wall Street expectations, buoyed by a robust rally in American financial markets and surging fee income. Assets under management
More
International Monetary Fund Managing Director Kristalina Georgieva has thrown her support behind U.S. Federal Reserve Chair Jerome Powell, warning that eroding central bank independence risks economic stability at home and abroad. Speaking
More
OpenAI has signed a multiyear agreement worth about $10 billion with chip start-up Cerebras Systems to secure vast amounts of computing infrastructure, deepening its push to reduce reliance on Nvidia and lock
More
A group of the world’s most influential central banks, working alongside more than 40 major commercial lenders, is preparing to intensify testing of a digital payments platform designed to modernize how money
More
CEOs from leading Wall Street banks voiced strong support for the independence of the U.S. Federal Reserve on Tuesday, as the Trump administration launched a criminal investigation into Fed Chair Jerome Powell.
More
Alphabet (GOOGL.O) reached a $4 trillion market valuation on Monday, driven by investor confidence in its sharpened artificial intelligence strategy, Reuters reported. The milestone also marked the first time since 2019 that
More
Paramount Skydance (PSKY.O) intensified its fight to acquire Warner Bros Discovery (WBD.O) on Monday by filing a lawsuit demanding more information about Netflix’s $82.7 billion rival offer and announcing plans to nominate
More