Turkey’s biggest financial scandal in a decade has reached the political circle of President Recep Tayyip Erdogan, with senior members of his Justice and Development Party (AKP) and relatives of government officials
Turkey’s biggest financial scandal in a decade has reached the political circle of President Recep Tayyip Erdogan, with senior members of his Justice and Development Party (AKP) and relatives of government officials
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Sri Lanka’s Central Bank Governor Dr. Nandalal Weerasinghe has said the country’s key economic objective is to maintain inflation without allowing it to rise above 5 percent, as the island nation seeks
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India’s competition regulator has found that leading steel producers, including Tata Steel, JSW Steel, state-run SAIL, and 25 other firms, breached antitrust laws by colluding on steel prices, according to a confidential
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IndiGo, which controls about two-thirds of India’s domestic market, suffered an unprecedented operational breakdown in early December after pilot shortages and software glitches overwhelmed its tightly managed schedules. Thousands of flights were
More It was, as Bloomberg reported, “the straw that broke the highly-optimized camel’s back.” On the evening of Dec. 2, just three days before India’s largest airline would lose control of its operations
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Editor’s Editor: The following article is based on the speech delivered by the author as the Chairperson of the Ceylon Chamber of Commerce at the Sri Lanka Economic and Investment Summit 2025.
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On November 30, 2025, Egypt proposed an ambitious plan to establish a commercial corridor linking the Suez Canal Economic Zone (SCZONE) with Pakistan’s Gwadar Port. This proposal, articulated by Egypt’s Foreign Minister
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In a column for Times UK, former Prime Minister Rishi Sunak has urged Britain to embrace artificial intelligence as a force for job creation, rather than fearing it will make humans redundant.
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the bank’s headcount is likely to remain steady or even increase as artificial intelligence becomes more deeply integrated into its operations, countering
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The Sri Lankan foreign exchange market has selected Bloomberg’s BMatch solution to enhance interbank trading of the US Dollar against the Sri Lankan Rupee (LKR). The BMatch platform, part of Bloomberg’s FXGO,
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In a striking and controversial twist, the International Monetary Fund (IMF) has turned 22 financially distressed countries, including Pakistan and Ukraine, into a significant source of its net revenue. These nations, struggling
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“Power does not corrupt men; fools, however, if they get into a position of power, corrupt power.” – George Bernard Shaw. “It’s the economy, stupid” is a phrase coined by Jim Carville
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