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Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London, Dec., 11, 2014. (AP Photo/Alastair Grant, Pool, File)
A stock of smuggled foreign liquor kept for sale at a well-known supermarket in the Colombo area was seized by the Island-wide Excise Special Operations Unit last weekend.
A financial advisor and baker allegedly ran an elaborate scam to steal more than $3.8 million in donations to the historic Swedish Church of New York — to pay for his own bills and groceries, and launch a failed business venture.
Despite headwinds from global energy market disruptions triggered by the Iran war, South Asia continues to be the world’s fastest-growing region, with India acting as the principal engine of growth, according to the latest report by the World Bank.
A former Basnayake Nilame was arrested yesterday (16) by the Special Crime Investigation Unit of the Kandy Police for alleged financial fraud worth millions of rupees.
Nine Chinese nationals allegedly linked to cyber crimes were arrested by Airport Customs officials early yesterday morning, along with a stock of electronic communication equipment worth over Rs. 24 million.
The US stock market is holding near its record high as Wall Street waits for more clues about what will happen in the Iran war before making its next big move.
Melbourne butcher Raj Gurung is preparing for the worst.
The Middle East’s economic outlook has sharply deteriorated following the outbreak of the Iran war, with the International Monetary Fund warning that the region faces one of its steepest growth downgrades in years and rising risks of further decline if the conflict persists.
Thieves believed to have escaped into sewers after holding staff and customers in Crédit Agricole branch for two hours
They say calling out sick is nothing to sneeze at.
More than half of people still believe that the American Dream is possible for those who want it — but optimism about achieving it greatly differs by demographic.
Several armed men robbed a bank in broad daylight in Naples, holding 25 people hostage before making their escape via a tunnel.
Ben Jackson of the Illinois Bankers Association speaks during a news conference at the Illinois State Capitol in Springfield, Ill., on April 15, 2026. (Jerry Nowicki/Capitol News Illinois via AP)
When Taylor Swift joined Travis Kelce at last year’s Tight End University kickoff event wearing a green gingham crop top and skirt by Hunter Bell, her set swiftly sold out.
Dozens of Palestinian children have been unable to go to school in the West Bank this week because of barbed wire erected by Jewish settlers across the path they normally use.
Rail operator Hankyu and a MS&AD Insurance Group member will take part in the emissions credit market. (Nikkei photo montage)
CANBERRA — Australia will raise its defense spending to 3 percent of gross domestic product (GDP) by 2033 as armed conflicts flare worldwide, Defense Minister Richard Marles said on Thursday.
Armed robbers took around 25 people hostage during a bank heist in the Italian city of Naples on Thursday, local media reported.
Unfinished apartment buildings in Zhengzhou, part of a complex that was scheduled to be completed at the end of 2022. (Photo by Kentaro Shiozaki)
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Retail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a set-up that market history suggests rarely ends well once the initial hype fades.
Bruce Willis’ former Beverly Hills home has sold off-market for $41.25 million, sources told The Post.
Speaking at Semafor’s World Economy event in Washington, D.C., President and COO of Goldman Sachs John Waldron warned that some managers have oversold how easy it is to get money out—especially to retail investors, who’ve helped balloon the market into a $1.7 trillion behemoth just as the space faces growing scrutin…
EU ambassador describes lunch meeting as a ‘constructive and in-depth exchange on EU-Hong Kong relations’
EU ambassador describes lunch meeting as a ‘constructive and in-depth exchange on EU-Hong Kong relations’
Experts say US market ‘may have run ahead of itself’, while the ASX 200’s more modest recovery is due in part to Australia’s reliance on fuel imports
Europe could face flight disruptions within weeks as fuel supplies tighten amid the ongoing crisis affecting the Strait of Hormuz, according to the head of the International Energy Agency.
Two of the biggest names in chip manufacturing, Taiwan Semiconductor Manufacturing Co. and ASML, both reported strong earnings this week as demand for artificial intelligence chips remains sky high.
Egyptian billionaire Naguib Sawiris expects the UAE property market to bounce back strongly and “continue booming”, as he announced a Dh30 billion ($8.17 billion) expansion of a "mini city" real estate project between Abu Dhabi and Dubai.
Adversity can build character, but more often reveals it. Over the past few weeks, as Iran attacked civilian targets in the Gulf region, the world has seen the foresight of nations that have spent years preparing for such a possibility and their resilience in withstanding it. The UAE’s decades of forward-looking str…
With less than 2 weeks remaining until the next European Central Bank meeting, the bloc's policymakers appear undecided on the future of interest rates.
US and China have ‘suffered the most’ amid global decline in outbound investment appetite due to heightened geopolitical tensions
US and China have ‘suffered the most’ amid global decline in outbound investment appetite due to heightened geopolitical tensions
Stock futures are edging higher on continued optimism about an extended truce in the Middle East, while Taiwan Semi's solid results have sparked another leg higher in AI trade. As of 8:15 am ET, S&P 500 futures rose 0.1%, while Nasdaq 100 contracts +0.2%, and on pace for a 12th day of gains. The early hours of the s…
New York Fed President John Williams expressed concern Thursday about the Iran war's impact on the economy, saying it already has shown signs of hiking prices and slowing growth.
After a strong 2025, African economies are facing a new threat: the war in the Middle East. The African Development Bank warns it could cost the continent up to 1.5 percentage points of growth this year.
Beijing’s move to lift offshore-loan quotas seen helping stabilise yuan against weaker US dollar while accommodating a surge in net financing via ‘panda bonds’
Beijing’s move to lift offshore-loan quotas seen helping stabilise yuan against weaker US dollar while accommodating a surge in net financing via ‘panda bonds’
FLORENCE — French luxury group Kering promised Thursday to make its flagship Gucci brand once again "unmissable" and boost production of leather goods as it seeks to turn around its financial performance.
The U.K.'s financial watchdog has eased restrictions on hedge funds after relaxing rules on short selling, and slashing administrative and reporting requirements.
Chinese developers are bypassing new ID checks as demand for Claude remains strong despite official restrictions
Chinese developers are bypassing new ID checks as demand for Claude remains strong despite official restrictions
Two global alternative investor managers with almost $700 billion in assets have set up base in Abu Dhabi’s ADGM, despite the war-driven uncertainties.
Russia is facing a labor shortage for the first time in its modern history, Central Bank Governor Elvira Nabiullina said Thursday, warning that an overheated economy is driving inflation and complicating interest rate policy.
British state broadcaster the BBC is set to cut between 1,800 and 2,000 jobs – about 10% of its workforce – as part of efforts to reduce operating expenses.
China targets ‘bold innovation’ as falling renewable-energy costs allow it to leverage 50 per cent share of global green hydrogen production capacity
China targets ‘bold innovation’ as falling renewable-energy costs allow it to leverage 50 per cent share of global green hydrogen production capacity
A stranded whale blows water as it got stuck on a sand bank in Kirchdorf on the island Poel, Germany, Thursday, April 9, 2026. (AP Photo/Michael Probst)