Analysts at Mercuria, the Geneva-based Swiss commodities trading firm, are sounding the alarm on the global aluminum market after severe disruptions in the Gulf region, adding to a growing list of trading desks and research teams warning of a deepening supply shock.
Core inflation in Japan accelerated for the first time in five months, rising to 1.8% in March as Iran war-fueled higher energy prices stoke consumer inflation.
Washington: A US soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $US400,000 ($560,000) in an online betting market, federal officials announced.
The Bank of England expects stock markets around the world to fall as share prices do not reflect the many risks facing the global economy, its deputy governor has told the BBC.
Strategic financial corridors now bridge mainland bourses with global hubs, enabling more seamless investment through specialised fund vehicles and receipts
Strategic financial corridors now bridge mainland bourses with global hubs, enabling more seamless investment through specialised fund vehicles and receipts
Intel faces chip supply constraints due to rising demand, and the company prioritized meeting customer demand for its data center and AI products over PC products. (Nikkei montage)
Buyers scooping up coveted Anthropic shares have vaulted the AI giant’s valuation on some trading platforms to $1 trillion – eclipsing OpenAI’s market capitalization by over $100 billion in a sea change in the AI race.
A U.S. Army soldier was arrested on a federal indictment accusing him of using classified information to make bets that won him $400,000 on the Polymarket prediction market related to the American military mission that captured Venezuelan leader Nicolás Maduro, the Department of Justice said on Thursday.
The country’s GDP per capita has reached USD 5,003 and Employees’ Provident Fund (EPF) closing on the Rs. 5 trillion mark, the Central Bank of Sri Lanka Annual Economic Review 2025 reveals.
There are certain memories we don’t let go of.Not because we can’t.But because, in some quiet way, we choose not to. They don’t stay with us loudly. They don’t interrupt every day. But every now and then, without warning, they return. A conversation. A decision. A moment we wish we had lived differently. And for a b…
Over 5,000 buildings in the Big Apple are nearing total financial collapse, as Mayor Zohran Mamdani continues to support a rent-freeze for the city’s nearly one million rent-stabilized apartments.
London: Ukraine has gained a $147 billion funding boost to turn back Russian forces after a deadlock over European financial support, as Prince Harry conducts a surprise visit to Kyiv and calls for American leadership to end the war.
People’s Bank has come forward to donate Rs. 300 million to the ‘Government’s Rebuilding Sri Lanka Fund’ to support the development of a multi-storey housing project in the Nuwara Eliya District, which is being constructed to resettle families affected by Cyclone Ditwah.
DFCC Bank PLC has been recognised at the Environmental Finance Sustainable Debt Awards 2026, winning the ‘Innovation – Use of Proceeds (Green Bond)’ category for its DFCC Blue Bond 2025, Sri Lanka’s first listed blue bond.
LOLC Finance PLC, one of Sri Lanka’s largest Non-Banking Financial Institution (NBFI), has reaffirmed its leadership in digital financial services, with its flagship platform iPay securing the Gold Award for Overall Excellence in Digital Payments for the seventh consecutive year at the LankaPayTechnnovation Awards 2…
HNB PLC, one of Sri Lanka’s most customer centric Bank welcomed the Sinhala and Tamil New Year with HNB ‘Singithi Jumbo’ to revive the nation’s savings culture.
Sanath Manatunge, Managing Director/CEO of Commercial Bank and Dmitri Cooray, Director Biodiversity Sri Lanka and Managing Director Jetwing Hotels, exchange the agreement in the presence of senior representatives of the two institutions.
Seylan Bank PLC has strengthened its proposition for salaried professionals with the introduction of the Seylan Accelerate Salary Advance Facility, offering interest-free access to a portion of monthly income when financial needs arise.
Sri Lanka has significantly strengthened its national security framework by placing renewed emphasis on Targeted Financial Sanctions (TFS), a critical tool used to disrupt the financing of terrorism and safeguard the country’s financial system.
The state government has secured a last-minute deal with the community services sector to reduce a portable long service leave levy by 25 per cent in the first year after warnings the financial burden could lead to service closures and additional costs for taxpayers.
Rents in regional Victoria’s far-flung pockets are outstripping growth in traditional commuter towns, as a shortage of stock and shifting migration patterns push regional affordability to a breaking point.
Hezbollah runs financial operations across the European continent, including drug smuggling and blood diamond trading, Austria’s Documentation Center on Political Islam (DPI) revealed in its new report.
A 15-year-old Palestinian has died from his wounds after he was shot by Israeli forces during a raid in the occupied West Bank city of Nablus, Palestinian media reported.
Millions of current and former Capital One customers should soon start receiving payments from the bank’s $425 million settlement — and it takes just a few steps to check if you’re eligible.
Mayor Zohan Mamdani’s plan for a city-owned grocery market in East Harlem’s La Marqueta has a deeper problem than the absurdity of spending $30 million to launch a mere 9,000-square-foot store that won’t open until 2029.
Goldman analyst Christine Cho has published her latest quarterly survey of 2,000 consumers for 1Q26, pointing to a softer restaurant environment. Muted demand backdrop suggests that the K-shaped economy continues to fester, with working-poor consumers still facing the greatest downward pressure.
The Palawan Group of Companies has launched a new in-app savings feature, PalaSave, aiming to make banking more accessible to millions of Filipinos, particularly those underserved by traditional financial institutions.
Ajman authorities have waived a number of tourism-related fees as part of a new programme launched to support its burgeoning tourism industry, amid uncertainty stemming from the US-Iran conflict.
Two IDF soldiers were indicted on charges of spying for Iran in exchange for financial compensation, the military, police, and Shin Bet (Israel Security Agency) announced on Thursday.
It has been almost two months since the US and Israel launched a war on Iran, unleashing violence across the region and chaos in the global economy. But one of the strange and definitely unintended consequences of this war has been a renewed focus on green energy. Josephine Tovey sits down with Gabrielle Jackson and…
BRUSSELS — EU governments have banned another 20 Russian lenders from handling payments in euros and doing business with companies across the bloc under the latest package of sanctions in response to President Vladimir Putin’s war on Ukraine.