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
The eagerly awaited Performance Report of the Inland Revenue Department (IRD) for 2024 has recently been published. It offers some context regarding the IRD’s tax collections. There is room for wider disclosure
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Canadian authorities have executed the largest digital asset seizure in the country’s history, confiscating over CAD 56 million (approximately US$40 million) from the cryptocurrency exchange TradeOgre. The action marks the first time
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Gautam Adani’s fortune has soared by $13 billion in just two trading sessions, following a partial reprieve from India’s markets regulator that reignited investor confidence in his conglomerate. Shares of the Adani
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China is pushing to position itself as a custodian of foreign sovereign gold reserves, a move aimed at strengthening its role in the global bullion market and reducing reliance on Western financial
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Nvidia Corp. announced Monday that it plans to invest up to $100 billion in OpenAI, aiming to build new data centers and infrastructure to support the growing demand for artificial intelligence workloads.
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Adani Group plans to reduce its debt burden over the next five years and will refrain from tapping international bond markets until at least 2027, according to Chief Financial Officer Jugeshinder Singh,
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Cryptocurrency markets faced a sharp downturn on Monday after more than $1.5 billion in bullish wagers were liquidated, marking the biggest wave of forced sell-offs since March, according to data cited by
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Pfizer is reportedly closing in on a potential $7.3 billion takeover of Metsera, an emerging developer of anti-obesity treatments, in what would be the US pharmaceutical giant’s first major acquisition in two
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Vietnamese authorities are preparing to shut down around 86 million bank accounts after their owners failed to comply with new biometric authentication rules, according to local media reports. The sweeping measure is
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India’s foreign exchange reserves rose by USD 4.698 billion in the week ending September 12, reaching USD 702.966 billion, the Reserve Bank of India (RBI) said in its latest Weekly Statistical Supplement.
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Sarah Wynn-Williams, a former Meta executive and author of the controversial exposé Careless People, is reportedly “on the verge of bankruptcy” after speaking out about the social media giant’s dealings with China
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Chinese households are cautiously returning to equities, as dwindling returns from other asset classes leave few attractive alternatives, Bloomberg reported. The CSI 300 Index has jumped more than 25% since hitting April
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Saudi Arabian Mining Company (Ma’aden) is pursuing an ambitious growth strategy to unlock the kingdom’s underexplored mineral wealth, with plans to double gold production by 2030 and build a rare earths supply
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Mauritius Prime Minister Navinchandra Ramgoolam has asked Central Bank Governor Rama Krishna Sithanen to step down, according to a report by Le Défi Plus newspaper citing unnamed sources. Ramgoolam, who also holds
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JPMorgan Chase & Co. is ramping up its mid-cap banking operations in Austria and central Europe, targeting private and family-owned businesses with dedicated relationship managers. The U.S. banking giant has appointed Philippe
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