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
Liquidators pursuing funds looted from Malaysia’s scandal-ridden 1MDB sovereign wealth fund are suing UK-based banking giant Standard Chartered for more than $2.7 billion, alleging the bank played a central role in one
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Two of the Middle East’s most powerful energy companies, Saudi Aramco and the Abu Dhabi National Oil Company (Adnoc), are hitting the brakes on their multibillion-dollar acquisition strategies as falling oil prices
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President Donald Trump announced that a group of “very wealthy people” is preparing to purchase the American operations of TikTok, as the social media giant faces a government-mandated divestiture aimed at separating
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Senior executives and board members at Nvidia have sold more than $1 billion worth of company stock over the past year, including a sharp uptick in trading this month, as reported by
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Central bankers worldwide are raising alarms over the persistent threat of inflation resurgence, driven by lasting “scars” on households from the sharp price increases following the pandemic. According to a recent report
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Global public debt soared to an all-time high of $102 trillion in 2024, with developing countries shouldering nearly a third of that burden, according to a new report by the United Nations
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Top central bankers have delivered a blistering critique of stablecoins, declaring them unfit to function as mainstream money and warning of major risks if they are elevated to a central role in
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Anti-corruption watchdog Transparency International Sri Lanka (TISL) has filed a petition in the Supreme Court challenging a proposed amendment to the Companies Act No. 07 of 2007, warning that the draft law
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Gold has surpassed the euro to become the world’s second most important reserve asset for central banks, according to a new report from the European Central Bank (ECB). The shift marks a
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European Central Bank (ECB) President Christine Lagarde has considered cutting short her term to assume leadership of the World Economic Forum (WEF), according to an exclusive report by the Financial Times. The
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