Sri Lankan Rupee Edges up onDollar Sales; Stx Down
The Sri Lankan rupee edged higher on Monday as foreign banks sold dollars, but the market expects the currency to…
Category: BUSINESS
Oil Prices Edge up on Weaker Dollar, Expected Crude Output Cuts
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut…
Sri Lankan Rupee Edges Down; Cenbank Sets Spot Ref Rate at Record Low
The Sri Lankan rupee traded marginally weaker on Friday on importer dollar demand with the central bank adjusting the spot…
Sri Lanka Tea See Good Demand at Auction
Sri Lanka tea’s weekly Auction concluded seeing good demand with high grown tea prices recording gains and low grown teas…
Asia Shares Recover Losses, Markets Await Trump News Conference
Asian shares rose to two-month highs on Wednesday as investors looked to President-elect Donald Trump’s news conference later in the…
Stocks Steady, Oil in Flux, Sterling Suffers Hard’Brexit Fears
Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain whether output cuts…
Sri Lankan Rupee Steady; Downward Pressure Prevails
The Sri Lankan rupee traded steady on Monday, but dealers expect it to fall further on growing demand for dollars…
Asian Stocks Cut Gains as Caution Grows; Dollar Eyed
Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where…
Boeing’s 2016 Orders Lowest Since 2010, Deliveries Hit Target Leftright 2/2Leftright
Boeing Co (BA.N) fell 80 planes short of its goal for new orders in 2016, but likely clinched the title…
Sri Lankan Rupee Falls on Dollar Demand From Foreign Banks, Importers
The Sri Lankan rupee traded weaker on Friday due to dollar buying by foreign banks and importers, but the central…
Samsung Electronics Forecasts Fourth-quarter Profit at Over Three-Year High Leftright 3/3leftright
Samsung Electronics Co Ltd (005930.KS) said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to…
US Oil Industry Chief Calls for More Affshore Access
The US oil industry’s main lobbyist on Wednesday (Jan 4) called for expanded offshore oil and gas production, delivering a…
Sri Lankan rupee weaker; moral suasion caps fall
The Sri Lankan rupee traded weaker on Thursday due to dollar buying by foreign banks, but the central bank’s moral…
Sri Lanka’s 2017 Economic Growth to be 5.5-6.0 pct: Central Bank Chief
Sri Lanka economy is expected to expand between 5.5 percent and 6.0 percent in 2017, higher than last year’s estimated…
Sri Lankan Rupee Edges Down Ahead of Cenbank Policy Statement; Stx Fall
The Sri Lankan rupee edged down in thin trade on Tuesday amid worries over slowing foreign fund inflows, even as…