The world is on course to miss its 2030 target for ending extreme poverty, with 826 million people already affected. Experts warn that widening inequality, war, declining aid and political inaction are
Global trading of the Chinese yuan has surged to $817 billion a day, continuing a decade-long trend and bringing volumes closer to those of the British pound, according to the Bank for
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A Chinese court has sentenced 11 members of one of the region’s most notorious crime families to death for running large-scale scam operations across Myanmar, according to The Times UK. The Ming
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China’s state-run iron ore buyer, China Mineral Resources Group Co. (CMRG), has instructed domestic steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes, escalating a pricing dispute that
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Recent reports have sparked serious concerns about Sri Lanka’s economic future. The country continues to struggle to recover from its lowest point, and prospects for economic stability remain uncertain. As the National
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North Korea has reaffirmed it will never abandon its nuclear arsenal, with a senior official declaring the weapons essential to the country’s survival during a rare speech before the United Nations General
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Jensen Huang, chief executive of Nvidia, is emerging as a global ambassador for artificial intelligence, combining corporate strategy with high-profile diplomacy to expand the chipmaker’s influence across governments and industries. After attending
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JR’s ASIAN fiasco The charisma of JR Jayawardene remains a compelling enigma, particularly from our current perspective nearly three decades after his passing. This essay examines his approach to foreign policy and
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by Our Correspondent in Colombo The United Arab Emirates has intensified its presence in Sri Lanka’s north-central region by funding the expansion of housing and community infrastructure that primarily benefits Muslim families.
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Colombian President Gustavo Petro announced plans to renegotiate the country’s free trade agreement (FTA) with the United States, further straining relations after Washington revoked his visa. Petro also indicated he may move
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Japan’s auction of 2-year government bonds drew the weakest demand since 2009, fueling speculation that the Bank of Japan (BOJ) may raise interest rates soon, according to Bloomberg. The bid-to-cover ratio, a
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A recently declassified CIA report paints a striking picture of Soviet society in the early 1980s, revealing widespread public disillusionment, social tensions, and a craving for strong leadership—an era eerily reminiscent of
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China’s ruling Communist Party is set to convene a major meeting in October to outline the country’s social and economic development strategy for the next five years, as Beijing seeks to sustain
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U.S. President Donald Trump on Monday announced that Israeli Prime Minister Benjamin Netanyahu has endorsed a U.S.-sponsored peace proposal aimed at ending nearly two years of conflict in Gaza, though the plan’s
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Developing Asia’s growth is set to slow more than previously expected this year and next, as the region absorbs the fallout from sweeping U.S. tariffs on all trading partners, the Asian Development
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by Our Economic Affairs Editor Sri Lanka’s economy is set to expand by 3.9% in 2025, maintaining the momentum of recovery driven by remittances, tourism, and a rebound in domestic demand. According
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