Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
China’s foreign exchange and gold reserves rose in September, supported by global bond rallies and a softer U.S. dollar, signaling resilience in the country’s external position despite a broader slowdown in central
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Goldman Sachs Group Inc. is pursuing a significant risk transfer tied to about $5 billion of corporate loans, according to a Bloomberg report citing people familiar with the matter. The move marks
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JPMorgan Chase & Co. is once again grappling with the aftershocks of its ill-fated 2021 acquisition of the student-loan startup Frank—this time in the form of a staggering $115 million in legal
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Indian authorities have launched a fresh investigation into Adani Defence Systems and Technologies Ltd., a subsidiary of billionaire Gautam Adani’s vast business empire, over allegations of evading import taxes worth ₹770 million
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Inflation in the Philippines quickened slightly in September but remained below the central bank’s target range, signaling continued progress in taming price pressures and offering policymakers room to ease interest rates further,
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China is rapidly expanding its oil reserve capacity as part of a strategic campaign to strengthen its energy security, a push that has gained urgency following Russia’s invasion of Ukraine and continued
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Japan’s Government Pension Investment Fund (GPIF), the world’s largest with $1.8 trillion in assets, is considering a move into impact investing, a strategy that targets both financial returns and measurable social or
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The Japanese yen fell sharply after pro-stimulus lawmaker Sanae Takaichi won the ruling Liberal Democratic Party leadership contest, positioning her to become Japan’s first female prime minister. Investors welcomed her victory as
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Inside JPMorgan Chase & Co.’s investment banking division, executives are sounding a note of caution on the rising optimism surrounding nuclear energy in the United States. “We’ve spent so much time on
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In a potential pivot for India’s cryptocurrency stance, Finance Minister Nirmala Sitharaman on Friday stated that countries must “prepare to engage” with stablecoins, whether they are ready or not. Her remarks, made
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Amazon (AMZN.O) is set to lose one of its senior-most executives in the devices and services division, just days after unveiling a slate of new hardware. Rob Williams, vice president of device
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Deputy Minister of Finance Anil Jayantha has pushed back against recent reports suggesting that the President’s expenditure head in Sri Lanka’s 2025 budget has tripled compared to the previous year. He emphasized
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by Our Economic Affairs Editor The Bank for International Settlements (BIS), a name that to the uninitiated might sound benign, bureaucratic, and perhaps faintly dull, has long been cloaked in a veil
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India’s markets regulator is exploring plans to bring family offices under its supervision, reflecting the growing influence of billionaire families on the nation’s stock exchanges. The discussions, reported by Bloomberg, aim to
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State securities regulators are raising concerns that their ability to prosecute cryptocurrency-related fraud could be sharply curtailed under draft legislation making its way through Congress — just as federal enforcement against digital-asset
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