Trump’s China visit watched in US for signs of stability – and tangible wins
American business and policy circles seek trade certainty, AI dialogue and signs rivalry can be managed despite wider tensions
· Teresa Elena Frontado
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Newest first · UTC+11:00How major US stock indexes fared Monday 5/11/2026
Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records.
· The Associated Press
Japan space startups to train engineers from India, Philippines, Indonesia
Participants in JICA's training program will learn how to build and use satellites in Japan. (Photo by Dai Kuwamura)
· Staff Writer
Elon Musk joins Trump’s China visit, leaders will discuss Taiwan arms sales
Washington: A high-powered delegation of American business leaders including Elon Musk will accompany US President Donald Trump on his visit to China this week, as the two leaders prepare to discuss the sensitive topic of arms sales to Taiwan.
· Michael Koziol
Export sector to benefit from lower input costs- World Bank
The ongoing and planned trade reforms, including the gradual removal of para-tariffs, could improve competitiveness and increase household consumption by around 3.1%, with stronger gains for lower-income households, the World Bank’s April 2026 South Asia Economic Update release on Friday(8) said.
· damith
Country to move towards innovation-driven, high-value-added exports
The establishment of the Viet Nam-Sri Lanka Business Council will enhance bilateral relations, fostering partnerships beyond trade driven by shared ambitions, Export Development Board Chairman Mangala Wijesinghe told the Viet Nam Sri Lanka Business forum held in Colombo on Friday (8).
· damith
Proposal to establish ‘Gem Bank’ to make Lanka richest country in world
A special proposal has been submitted to make Sri Lanka the richest country in the world, based on the gem resources it possesses.
· damith
SL Blue Swimming Crab cleared for export to USA
The Fisheries, Aquatic and Ocean Resources Ministry said that obstacles to exporting Sri Lankan Blue Swimming Crab to the US market have been cleared, as Sri Lanka successfully met the stringent conditions imposed under the Marine Mammal Protection Act (MMPA).
· damith
Lankan ICT companies have strengthened their presence in the European market
Sri Lankan ICT companies have strengthened their presence in the European market through participation in a strategic market exposure programme organized under the collaboration between the Sri Lanka Export Development Board (EDB) and the Import Promotions Desk Germany (IPD).
· damith
ASPI declines by 52 points
Renewed tensions in the Middle East weighed negatively on the Colombo Bourse alongside rising global oil prices.
· damith
Sri Lanka needs Viet Nam’s mindset, not just its investments - DailyNews
Breaking the pattern of diplomatic niceties, the recent visit of the President of Vietnam, Tô Lâm, to Sri Lanka was an opportunity to increase Sri Lanka’s international focus to greater regional partnerships (beyond the ones traditionally known to the country) as Tô Lâm’s visit occurs at time when country is on the …
· damith
Sri Lanka's competitive edge - DailyNews
Agriculture Export CompetitivenessSource: Author calculations based on International Trade Center (ITC) data & WITS data
· damith
Govt borrowing: Bangladesh risks falling into debt trap - DailyNews
Bangladesh’s economy has reached a critical juncture where mounting public debt, chronic revenue shortfalls, and surging interest payments are creating unprecedented pressure.
· damith
JKCG Auto partners BOC and SLIC to support EV adoption among Government sector employees - DailyNews
John Keells CG Auto (JKCG Auto), the authorised distributor of BYD and DENZA in Sri Lanka, has launched a campaign in partnership with Bank of Ceylon (BOC) and Sri Lanka Insurance Corporation General Ltd. (SLIC) to accelerate New Energy Vehicles (NEV) adoption among government sector employees.
· damith
Ceylon Chamber leads high-level corporate delegation for India–Sri Lanka Business Forum in Mumbai - DailyNews
The Ceylon Chamber of Commerce will lead a senior corporate delegation to Mumbai for the India–Sri Lanka Business Forum on May 13, held in partnership with the Confederation of Indian Industry (CII).
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HNB introduces tailored financing for 447 Luna Tower Apartments - DailyNews
HNB PLC, a leading private bank in Sri Lanka, has entered a significant new chapter in its legacy of enabling homeownership through a partnership for 447 Luna Tower with Union Place Apartments (Pvt) Ltd., a Belluna Lanka company.
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Lanka Hospitals presents 2025 Annual Report and Five-Year Strategic Roadmap - DailyNews
Lanka Hospitals recently presented its Annual Report for 2025 and the Five-Year Strategic Plan for 2026–2030 to the Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayantha and the Secretary to the Treasury and Ministry of Finance, Planning and Economic Development, Dr. Harshana Suriyapperuma.
· damith
Dijital Team Sri Lanka first company to launch LinkedIn Learning - DailyNews
Dijital Team Sri Lanka has emerged as one of the first companies in the country to launch LinkedIn Learning for all its team members.
· damith
Nemantha Abeysinghe joins WEBXPAY Board as Non-Executive Director - DailyNews
Sri Lanka’s fast-growing fintech sector received another boost after WEBXPAY Ltd appointed corporate leader Nemantha Nilhan Abeysinghe as an Independent Non-Executive Director to its Board.
· damith
KIST and KNUCKLES partner to strengthen environmental commitment - DailyNews
As part of its continued commitment to environmental sustainability and responsible business practices, Cargills Food and Beverage Ltd through its brands KIST and KNUCKLES, has initiated a new plastic waste management project on Sri Lanka’s Southern Expressway, deploying four plastic collection bins at the Welipenna…
· damith
Nüwa at City of Dreams Sri Lanka celebrates 5-Star recognition - DailyNews
Nüwa at City of Dreams Sri Lanka, the luxury flagship hotel within South Asia’s first fully integrated luxury resort, marked a significant milestone with a special press conference and celebration honouring its 5-Star recognition, further reinforcing its position as one of the leading luxury hospitality destinations…
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Ceylinco Life gifts medical gas pipeline system to Teaching Hospital Kalutara - DailyNews
Ceylinco Life has reinforced its long-standing commitment to Sri Lanka’s public healthcare system with the donation of a comprehensive Centralised Medical Gas Pipeline System (MGPS) to the Teaching Hospital Kalutara, enabling a significant advancement in patient safety, surgical capability and hospital infrastructure.
· damith
PPIM achieves Platinum Approved Learning Partner Awarded by ACCA UK - DailyNews
PPIM achieves ACCA’s highest global accreditation tier four years after attaining Gold status, cementing its position as Sri Lanka’s leading ACCA tuition provider.
· damith
SLIM ushers in new era of leadership at AGM - DailyNews
The Sri Lanka Institute of Marketing (SLIM), the country’s national body for marketing, convened its Annual General Meeting (AGM) 2026 on Aprl 8, at the Galle Face Hotel.
· damith
Janashakthi Life organises blood donation campaign - DailyNews
Janashakthi Life, a flagship brand of JXG (Janashakthi Group), demonstrated its commitment to community welfare and healthcare support through a blood donation campaign organised recently at Excel World.
· damith
CEAT opens premium Shop-in-Shop outlet at Olympic Tyre House, Colombo 6 - DailyNews
CEAT Kelani Holdings has expanded its network of premium retail outlets with the opening of a new Shop-in-Shop (SIS) facility at Olympic Tyre House located at Havelock Road, Colombo 6, strengthening the brand’s presence in one of the capital’s busiest commercial areas.
· damith
RTS Holdings’ Hidellana and Avissawella tea factories get Zero Carbon Manufacturing Certification - DailyNews
RTS Holdings has reached a significant milestone in Sri Lanka’s tea industry with its Hidellana and Avissawella Tea Factories being awarded the prestigious Zero Carbon Manufacturing Certification by The Sustainable Future Group, reinforcing its leadership in sustainable tea production.
· damith
Inflation rises sharply amid tensions in the Middle East
The Colombo Consumer Price Index-based (CCPI-based) headline inflation Y-o-Y (year-on-year) accelerated in April 2026 reflecting the spillovers from the ongoing war in the Middle East, particularly the significant upward adjustments in domestic energy prices.
· damith
Lanka Chairman’s Award Night 2026 on May 23
The Lanka Chairman’s Award Night organised by the Lanka Business Corporation will be held on May 23 at the Galle Face Hotel from 4.00 p.m.
· damith
Kalshi promo code NYPMAX: Trade $10, get $10 for Avalanche vs. Wild
Kalshi has a new user bonus for people who want to sign up for the fast-growing prediction market platform for the Stanley Cup Playoffs.
· Malik Smith
Share Market Statistics on 11.05.2026
Sri Lanka’s most Trusted and Innovative media services provider
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Coconut Products – Prices on 11/05/2026 - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· damith
EXCHANGE RATES ON 11.05.2026 - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· damith
What do everyday Aussies actually want from tonight's budget?
If public sentiment is anything to go by, everyday Australians are sick of struggling.As Treasurer Jim Chalmers prepares to hand down his fifth budget, housing affordability, tax reform and rising day-to-day expenses are expected to sit front and centre in Canberra.Nine.com.au asked Australians what they actually wa…
· Tilli Andrew
IRS may owe millions of taxpayers COVID tax refunds — here’s how to check your eligibility
Tens of millions of Americans may be eligible for pandemic-era tax refunds – and even though the issue is still playing out in court, the deadline to file for relief is fast-approaching.
· Taylor Herzlich
Trump to visit China for high-stakes talks with Xi Jinping
President Donald Trump is set to visit Beijing from May 13th to 15th for high-level talks with Chinese President Xi Jinping, with trade, Iran, and regional security expected to top the agenda.
· AfricaNews
ASX set to climb as Wall Street rises; Oil higher
Oil prices are rising as the war with Iran threatens to drag on for longer, but the US stock market is nevertheless inching toward more records.
· Stan Choe
Who is Shane L. Campbell? Meet Bethenny Frankel’s new boyfriend
Bethenny Frankel is officially off the market after hard-launching Shane L. Campbell as her boyfriend.
· Riley Cardoza
How much is that bikini in the window? The business of fashion week
Layered along with silk crêpe kaftans in the Australian Fashion Week debut of First Nations designer Verity van Ermel Scherer were deeply personal references.
· Damien Woolnough
Why the auction market just weakened to downturn-era levels
Home owners can no longer expect that their property is worth as much money as it was even a few months ago, as the auction market weakens to levels last seen in the 2022 downturn.
· Elizabeth Redman
She had four kids with Elon Musk. Now she’s central to his courtroom fight
Shivon Zilis had her back against the wall.
· Elizabeth Dwoskin, Gerrit De Vynck, Faiz Siddiqui
It’s no certainty Cleary will test the market. But he’s in no rush to re-sign
Nathan Cleary says he is no certainty to test the market at the end of the year – but also insists has no desire to open contract negotiations with Penrith during the State of Origin series.
· Christian Nicolussi
Cricket Australia hoping private owners can make BBL a cricket 'grand slam'
The Big Bash League is in an increasingly crowded market of T20 tournaments. (ABC News: Luke Bowden)
· Jon Healy
Major Japanese university to avoid alternative assets in $3bn endowment
Institute of Science Tokyo will split its endowment portfolio evenly among domestic and foreign stocks and bonds. (Nikkei composite)
· Staff Writer
The cost of the caring burden for single, childless women
Women without children tend to have interruptions to their working lives later in their careers while caring for aging family members. (Adobe Stock)
· Kellie Scott
Here’s what is keeping beef prices so high ahead of summer BBQ season — and why it could take years to see relief
Beef prices aren’t easing anytime soon and economists warn the pressure could last for years.
· Fox News
Elon Musk and Tim Cook among CEOs expected to accompany Trump on China trip
US President Donald Trump is expected to bring a host of top business and technology industry executives on his trip to China this week.
· Kali Hays
Hundreds of millions seized in raid in northern Israel
The National Economic Crimes Unit, part of Lahav 433 – The National Crime Unit, Border Police officers, and the administrator-general's forfeiture unit jointly conducted a raid that involved the search and detention of 14 suspects from northern Israel, the Israel Police confirmed on Monday.
· JERUSALEM POST STAFF
David Harbour quickly, and quietly, rushed to sell his renovated ‘P—y palace’ for $2.7M at the time of his split
Before Lily Allen turned David Harbour’s private life into one of the most talked-about divorce albums of the decade, the “Stranger Things” actor was quietly making moves of his own. It started with a discreet off-market sale of the downtown Manhattan apartment that would become ground zero for the couple’s very pub…
· Mary K. Jacob
Trump Wants To Slash Child Care Costs By Getting Government Out Of The Way
Child care in America has become a significant financial burden. For many families, it now rivals rent, a mortgage, or student loan payments.
· Tyler Durden