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
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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Kuwait Petroleum Corp. (KPC) has enlisted JPMorgan Chase & Co. to advise on a potential leasing deal involving part of its pipeline network, according to people familiar with the matter. The state-run
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OpenAI has become the world’s most valuable startup after completing a secondary share sale that values the company at $500 billion, eclipsing Elon Musk’s SpaceX. The deal, first reported by Bloomberg, highlights
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Australia’s rapidly expanding superannuation sector could exacerbate financial stress during a severe market disruption, the Reserve Bank of Australia (RBA) warned in its latest Financial Stability Review, Bloomberg reports. Superannuation funds, the
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Indonesia’s central bank is facing heightened pressure from the government as finance minister Purbaya Yudhi Sadewa signals he does not support Bank Indonesia’s independence, fueling investor concerns about fiscal dominance and market
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After years of being spurned by major banks, former President Donald Trump’s family wealth has found a new home at Citigroup Inc., with his son Eric Trump establishing a trust at the
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JPMorgan Chase & Co. has raised its price target for Alibaba Group Holding Ltd.’s Hong Kong-listed shares by nearly 45%, setting the highest target among analysts tracked by Bloomberg. The new target
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Meta, the owner of Facebook, Instagram, and WhatsApp, will begin using conversations people have with its chatbots to personalise advertising and content across its apps, signaling a major push to monetise artificial
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