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SLECIC and Bank of Ceylon reinforce partnership through APARA pre-departure guarantee scheme - DailyNews

The Sri Lanka Export Credit Insurance Corporation (SLECIC) and the Bank of Ceylon (BOC) have reaffirmed their longstanding strategic alliance with the signing of a Memorandum of Understanding (MoU) on March 30, marking a significant milestone in their collaborative journey.

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Pan Asia Bank unveils Avurudu offers for credit cardholders - DailyNews

Pan Asia Bank is ushering in the festive season with an array of Avurudu promotions, offering over 250 special deals for its credit cardholders. Designed to enhance the spirit of celebration, these exclusive offers enable customers to enjoy discounts of up to 70% across a wide range of categories, making Avurudu a m…

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Marc Faber Vs Brent Johnson On What's After Iran War: Utopia Or Crash

As the dust begins to settle from the latest escalation in the Iran conflict, markets are left to grapple with a more complicated question: what comes next? Is this the beginning of a reset toward stability, another leg up in markets, and lower inflation -or- are the early stages of a broader economic unraveling tie…

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Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)

The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%...

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Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher

Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futu…

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