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,
India has attracted approximately $10 billion in inflows through the Reserve Bank of India’s (RBI) special foreign-currency deposit programme for overseas Indians, according to two people familiar with the matter, providing early
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Sri Lanka recorded a budget surplus of Rs. 197.3 billion during the first five months of 2026, marking a significant turnaround from the deficit recorded during the same period a year earlier,
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Sri Lanka has introduced new restrictions banning the importation of goods mined, produced, or manufactured using forced labour, following a decision by the United States to impose a 12.5 per cent import
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Goldman Sachs has introduced new restrictions on employee participation in prediction markets, limiting betting activity to sports and entertainment categories as the Wall Street bank seeks to address compliance risks associated with
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China now has seven of the world’s 10 largest banks by tier-one capital, with the country’s four biggest state-run lenders taking the top positions in a new global ranking that reflects Beijing’s
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The death of Chinese economist Gao Shanwen, who drew international attention after questioning the accuracy of official economic growth figures, has triggered widespread mourning online from commenters who described him as a
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Australia’s corporate regulator has launched a review of audit conduct complaints involving the country’s Big Four accounting firms as it continues an ongoing investigation into allegations of auditor misconduct at KPMG. The
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Global foreign direct investment returned to growth in 2025 after two years of decline, reaching $1.6 trillion, but the recovery has been marked by sharp disparities between countries, sectors and projects, according
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Developing Asia retained its position as the world’s largest developing-region destination for foreign direct investment in 2025, attracting $644 billion in capital as investment patterns within the region continued to shift. While
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China’s rapidly expanding gig economy is absorbing millions of workers affected by a weak job market, but the shift from traditional employment to flexible work is creating growing challenges for wages, social
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The Japanese yen weakened further on Tuesday as traders continued pushing the currency lower amid the absence of fresh intervention signals from Japanese authorities, though the possibility of a surprise yen-buying move
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Nearly one million investors have collectively lost about $3.8 billion after purchasing President Donald Trump’s $TRUMP memecoin, according to an analysis by cryptocurrency analytics firm Nansen cited in a report by The
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France’s richest man, Bernard Arnault, has been ordered to pay €22.5 million in back taxes following a years-long legal dispute with French tax authorities over a restructuring involving a Belgian holding company
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Warnings over the economic and financial consequences of the artificial intelligence boom are intensifying, with leading economists and central bankers cautioning that rapid investment, rising leverage, and technological disruption could create systemic
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Cuba has officially established a new government institution tasked with leading the transformation of the country’s state enterprise system, creating a central body responsible for improving the operation, organization and development of
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