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,
The US Federal Trade Commission has sued Amazon, alleging that the ecommerce giant manipulated advertising auctions on its platform to increase the prices paid by advertisers, in a case that could further
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India has moved a step closer to introducing low-denomination polymer banknotes after Indian and foreign companies submitted bids to supply polymer substrate sheets containing built-in security features. The bids were submitted in
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European central bankers left their annual meeting with US counterparts in Jackson Hole, Wyoming, far from reassured about the future of long-standing norms in global financial cooperation, according to sources familiar with
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Former Speaker of Sri Lanka’s Parliament Mahinda Yapa Abeywardena has accused unnamed political actors and others of deliberately distorting information contained in a special audit report on parliamentary vehicles and fuel consumption,
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Iran and Oman have restarted discussions aimed at managing traffic through the Strait of Hormuz, as Tehran faces heightened economic pressure from US President Donald Trump and diplomatic efforts to end the
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Accounting firm Deloitte will pay $21.5 million to settle a US Department of Justice probe into its diversity, equity and inclusion practices, resolving an investigation conducted under a federal initiative established during
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U.S. CIA Director John Ratcliffe travelled to Moscow on Tuesday for meetings with Russian officials, U.S. media outlets reported, citing unnamed sources. If confirmed, the trip would mark the first known visit
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Japan’s Finance Ministry will seek a record ¥36.6 trillion ($230 billion) for debt-servicing costs in its initial budget request for the next fiscal year, according to documents, highlighting the growing financial burden
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For more than two decades, Heilongjiang Agriculture never reported a first-half loss as a public company. That record is ending this year after Chinese tax authorities demanded back payments linked to tax
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China is expanding a global network of gold vaults and accelerating central bank gold purchases as Beijing seeks to strengthen the yuan’s role in international trade, according to an S&P Global Ratings
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He does not wear a white coat and he is not a doctor. Yet for the past twenty years, Marcos has been a familiar presence at Madrid’s Fundación Jiménez Díaz, attending an
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In 1993, James Carville, a senior adviser to US President Bill Clinton, made an unusual wish. If he were reincarnated, he said, he would rather return as the bond market than as
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A debt crisis may not be imminent in the United States, but one of the world’s most prominent economists believes the country is becoming dangerously less prepared for the next major shock.
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Tesla and eight other automakers will recall about 4.3 million vehicles in China over concerns that emergency door-release mechanisms could be difficult to locate or operate, marking the country’s largest automotive recall
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TikTok and ByteDance have agreed to pay $400 million to settle a dispute with the US Justice Department over the protection of children’s data, bringing a major legal confrontation over the short-video
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