Category: BUSINESS

The Sri Lankan rupee was trading weaker on Tuesday due to dollar demand from importers on fears that the U.S.…

Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street…

Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising…

he Sri Lankan rupee was trading slightly weaker on Monday on worries capital outflows would increase as incoming U.S. President…

Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies…

IMF Executive Board has completed its first review of Sri Lanka’s Extended Fund Facility (EFF) arrangement, which enables the disbursement…

Facebook’s board of directors on Friday authorised spending as much as US$6 billion to buy back shares in the leading…

Volkswagen (VOWG_p.DE) and its labor unions agreed to cut 30,000 jobs at the core VW brand in exchange for a…

The Sri Lankan rupee fell on Friday on persistent worries of capital outflows as incoming President Donald Trump’s policies are…

The office segment of Sri Lanka’s property market is likely to see rising levels of activity over the next few…

The dollar vaulted to 13 1/2-year highs against a basket of major currencies as U.S. bond yields rose, leaving Asian…

Facebook on Wednesday (Nov 16) said that it is working to fix flaws in its metrics calculations that led to…

Asian markets were hit by fresh volatility on Thursday (Nov 17) as uncertainty permeates trading floors after Donald Trump’s shock…

Energy firms led a rally in most Asia equities markets on Wednesday (Nov 16) after oil prices soared on hopes…

The European Union has launched a 8 million euro project that will help Sri Lanka increase its small and medium…