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,
Asia’s manufacturing sector gained momentum in June as a global artificial intelligence investment boom drove demand for technology-related goods, helping offset some of the economic pressure caused by the Iran war, according
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JPMorgan Chase is reshaping its approach to national security financing with a sweeping investment initiative that will see the country’s largest bank deploy billions of dollars of its own capital into companies
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A bitter legal dispute involving members of Thailand’s billionaire family behind the Singha beer empire has drawn renewed attention to a century-old law that allows parents to revoke gifts from children accused
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Sovereign wealth funds and central banks managing $29 trillion in assets are reassessing their investment strategies as concerns grow over the long-term role of the US dollar, according to a survey published
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Sri Lanka is sitting on the fourth rarest gemstone on earth, and instead of turning that into national leverage, it is letting individual traders smuggle it out through informal channels because the
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Volkswagen is reportedly considering a worldwide reduction of up to 100,000 jobs as the German automotive giant prepares a major restructuring effort, according to a report by Manager Magazin. The potential cuts
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King Charles III has paid nearly £30 million in taxes since becoming monarch in 2022, according to figures released by the British royal household, marking the first time the palace has disclosed
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The Ceylon Chamber of Commerce has re-elected Krishan Balendra as Chairperson for the 2026/27 year, reinforcing the organisation’s continued focus on a more solutions-oriented role in Sri Lanka’s economic development landscape. The
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Iraq could be forced to consider all available options regarding its future within OPEC if its oil production quota is not significantly increased, a senior Iraqi oil ministry official told Reuters on
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The Argentine government has authorized the Ministry of Economy to contract up to $5 billion in public debt from international financial institutions, granting executive officials broad authority to negotiate loan agreements and
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When Mark Carney and Friedrich Merz took office just over a year ago, both leaders faced a difficult economic environment shaped by global uncertainty, trade tensions and a changing relationship with the
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Hong Kong Overtakes Switzerland as World’s Top Cross-Border Wealth Hub Amid Surge of Chinese Capital
Hong Kong has surpassed Switzerland for the first time as the world’s leading center for cross-border wealth management, marking a significant shift in global capital flows driven largely by a surge of
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This article is particularly relevant at a time when the global trading environment is undergoing significant change and regional economic partnerships are playing an increasingly important role in shaping international trade and
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The Bank of Japan (BOJ) raised interest rates to their highest level in 31 years on Tuesday, marking another major step in its effort to normalise monetary policy as inflation pressures increase
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Elon Musk’s SpaceX did not just launch a company onto the stock market. According to an analysis published by Die Zeit, its highly anticipated debut revealed a deeper transformation in global finance:
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