Category: BUSINESS

Sri Lankan Rupee Edges up onDollar Sales; Stx Down

Sri Lankan Rupee Edges up onDollar Sales; Stx Down

Jan 16, 2017

The Sri Lankan rupee edged higher on Monday as foreign banks sold dollars, but the market expects the currency to ... Read More

Oil Prices Edge up on Weaker Dollar, Expected Crude Output Cuts

Oil Prices Edge up on Weaker Dollar, Expected Crude Output Cuts

Jan 16, 2017

Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut ... Read More

Sri Lankan Rupee Edges Down; Cenbank Sets Spot Ref Rate at Record Low

Sri Lankan Rupee Edges Down; Cenbank Sets Spot Ref Rate at Record Low

Jan 13, 2017

The Sri Lankan rupee traded marginally weaker on Friday on importer dollar demand with the central bank adjusting the spot ... Read More

Sri Lanka Tea See Good Demand at Auction

Sri Lanka Tea See Good Demand at Auction

Jan 11, 2017

 Sri Lanka tea’s weekly Auction concluded seeing good demand with high grown tea prices recording gains and low grown teas ... Read More

Asia Shares Recover Losses, Markets Await Trump News Conference

Asia Shares Recover Losses, Markets Await Trump News Conference

Jan 11, 2017

Asian shares rose to two-month highs on Wednesday as investors looked to President-elect Donald Trump's news conference later in the ... Read More

Stocks Steady, Oil in Flux, Sterling Suffers Hard’Brexit Fears

Stocks Steady, Oil in Flux, Sterling Suffers Hard’Brexit Fears

Jan 10, 2017

Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain whether output cuts ... Read More

Sri Lankan Rupee Steady; Downward Pressure Prevails

Sri Lankan Rupee Steady; Downward Pressure Prevails

Jan 9, 2017

The Sri Lankan rupee traded steady on Monday, but dealers expect it to fall further on growing demand for dollars ... Read More

Asian Stocks Cut Gains as Caution Grows; Dollar Eyed

Asian Stocks Cut Gains as Caution Grows; Dollar Eyed

Jan 9, 2017

Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where ... Read More

Boeing’s 2016 Orders Lowest Since 2010, Deliveries Hit Target Leftright 2/2Leftright

Boeing’s 2016 Orders Lowest Since 2010, Deliveries Hit Target Leftright 2/2Leftright

Jan 7, 2017

Boeing Co (BA.N) fell 80 planes short of its goal for new orders in 2016, but likely clinched the title ... Read More

Sri Lankan Rupee Falls on Dollar Demand From Foreign Banks, Importers

Sri Lankan Rupee Falls on Dollar Demand From Foreign Banks, Importers

Jan 6, 2017

The Sri Lankan rupee traded weaker on Friday due to dollar buying by foreign banks and importers, but the central ... Read More

Samsung Electronics Forecasts Fourth-quarter Profit at Over Three-Year High Leftright 3/3leftright

Samsung Electronics Forecasts Fourth-quarter Profit at Over Three-Year High Leftright 3/3leftright

Jan 6, 2017

Samsung Electronics Co Ltd (005930.KS) said on Friday its fourth-quarter profit likely leapt 50 percent from a year earlier to ... Read More

US Oil Industry Chief Calls for More Affshore Access

US Oil Industry Chief Calls for More Affshore Access

Jan 5, 2017

The US oil industry's main lobbyist on Wednesday (Jan 4) called for expanded offshore oil and gas production, delivering a ... Read More

Sri Lankan rupee weaker; moral suasion caps fall

Sri Lankan rupee weaker; moral suasion caps fall

Jan 5, 2017

The Sri Lankan rupee traded weaker on Thursday due to dollar buying by foreign banks, but the central bank’s moral ... Read More

Sri Lanka’s 2017 Economic Growth to be 5.5-6.0 pct: Central Bank Chief

Sri Lanka’s 2017 Economic Growth to be 5.5-6.0 pct: Central Bank Chief

Jan 4, 2017

Sri Lanka economy is expected to expand between 5.5 percent and 6.0 percent in 2017, higher than last year’s estimated ... Read More

Sri Lankan Rupee Edges Down Ahead of Cenbank Policy Statement; Stx Fall

Sri Lankan Rupee Edges Down Ahead of Cenbank Policy Statement; Stx Fall

Jan 3, 2017

The Sri Lankan rupee edged down in thin trade on Tuesday amid worries over slowing foreign fund inflows, even as ... Read More