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,
A struggling casino resort in upstate New York is getting a financial lifeline as a local economic development agency plans to raise $561 million through high-yield municipal bonds to purchase the non-gaming
More
Advanced economies will struggle to maintain growth and keep inflation under control in the coming decades without a greater influx of foreign workers, central bankers have warned, according to reporting by the
More
Apple Inc. is in early talks with Alphabet Inc.’s Google about using its Gemini artificial intelligence models to power a new version of Siri, a move that could mark a major shift
More
Chinese equities surged on Friday, with major indexes hitting multi-year highs, driven by a strong rally in technology and AI-related stocks. The Shanghai Composite Index climbed 1.45 percent to 3,825.76 points, breaking
More
OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
More
JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
More
Temasek Holdings Pte is considering one of its most significant restructurings in years, with a proposal to split its operations into three investment vehicles aimed at boosting efficiency and returns, according to
More
A growing number of India’s largest conglomerates are quietly pursuing partnerships with Chinese companies in sectors such as electric vehicles, lithium-ion batteries, and clean mobility, according to reporting from Bloomberg. Executives have
More
Credit markets in the United States have tightened to levels not seen in more than two decades, with the premium that investment-grade companies pay to borrow above government bonds falling to its
More
A sweeping U.S. plan to levy steep port fees on Chinese-built and Chinese-owned ships is reshaping global shipping routes, with many carriers already pulling such vessels from American ports months before the
More
The Trump administration is in talks with Intel Corp. about a potential U.S. government stake in the struggling chipmaker, according to people familiar with the matter, in what would mark another high-profile
More
The Ceylon Chamber of Commerce welcomed the Ambassador of the United States to Sri Lanka, Julie Chung, for a courtesy meeting with its leadership to discuss opportunities for trade, investment, and economic
More
Chinese artificial intelligence start-up DeepSeek has postponed the launch of its new AI model due to technical difficulties with Huawei’s chips, highlighting the ongoing reliance of Chinese firms on US technology, the
More
Billionaire families across Asia are deepening their involvement in the gold market, moving beyond traditional holdings like index trackers and vault storage to directly financing, shipping, and trading physical gold. This resurgence
More
President Donald Trump has extended a pause on tariffs targeting Chinese goods for another 90 days, delaying a planned tariff increase until November 10 and easing tensions between the world’s two largest
More