Turbulent stock market isn't buying big Japanese M&A moves
Investors are growing more cautious about companies making big deals as conflict in the Middle East clouds the macroeconomic outlook. (Photo by Mayumi Tsumita)
· Staff Writer
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Newest first · UTC+11:00NSB presents Annual Report 2025 to Treasury Secretary, a vision of ‘Empowering Every Journey’ - DailyNews
The National Savings Bank presented its Annual Report 2025 to the Secretary to the Treasury, Dr. Harshana Suriyapperuma, at the Ministry of Finance on April 1.
· damith
Commercial Bank scales ‘ComBank Shakthi’ Agency Banking network to strategic locations - DailyNews
The Commercial Bank of Ceylon has further strengthened its focus on delivering a superior customer experience with the expansion of its ‘ComBank Shakthi’ Agency Banking network by 22 new outlets across the country, strengthening its commitment to making banking services more accessible to communities beyond the reac…
· damith
HDFC Bank CEO Hemal Lokugeegana felicitated by APB - DailyNews
The Association of Professional Bankers (APB) Sri Lanka recently hosted a ceremony to felicitate distinguished members who have risen to the highest leadership positions in the banking industry. Among the honorees was Hemal Chaminda Lokugeegana, the General Manager/CEO of HDFC Bank of Sri Lanka.
· damith
Cargills Bank introduces Lanka’s first ‘Ocean Plastic Debit Card’ to support marine conservation - DailyNews
Cargills Bank has launched the Cargills Bank Ocean Plastic Debit Card, marking the first time such a product has been introduced to the Sri Lankan market.
· damith
Sri Lankan arrested with Rs. 113.4 Mn worth of narcotics at BIA - DailyNews
A Sri Lankan passenger who tried to smuggle into the country a stock of ‘Kush’ worth Rs. 113.4 million was nabbed at the Katunayake Airport by a group of officers of the Customs Narcotics Control Division yesterday.
· damith
Police warn of online data theft, fraud, during festive season - DailyNews
Police have issued a warning to the public to be vigilant of possible financial fraud and data theft via the internet during the Sinhala and Tamil New Year season.
· damith
Share Market Statistics on 06.04.2026
Sri Lanka’s most Trusted and Innovative media services provider
· damith
Carolyn Bessette Kennedy’s favorite red lipstick ‘matched her effortless style’ — and it’s finally back in stock
This red lip color inspired a love story of its own.
· Erica Radol
'Zero profit': Many comedians pay thousands to put on festival shows
Oliver Hunter is one of many comedians doing a financial juggling act in order to afford a run at the prestigious Melbourne International Comedy Festival. (Supplied)
· Velvet Winter
Israeli settler 'aggression' in the West bank 'is increasing'
Topic:Unrest, Conflict and War
· Matthew Doran
Oracle hires new CFO on mammoth salary after ruthless worker bloodbath
Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company.
· Zain Khan
The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington. (AP Photo/Andrew Harnik, File)
· Christopher Rugaber
US economy faces threat of inflation if Iran war lingers, JPMorgan's Dimon writes in annual letter
JPMorgan CEO Jamie Dimon is interviewed by Maria Bartiromo on the “Mornings with Maria Bartiromo” program, on the Fox Business Network, Wednesday, April 9, 2025, in New York. (AP Photo/Richard Drew, File)
· Ken Sweet
SMFG and Nippon Life weigh $3bn private credit fund for deal financing
Sumitomo Mitsui Financial Group and Nippon Life Insurance are weighing a plan to finance Japanese acquisitions with private credit. (Source photos by Nikkei)
· Staff Writer
Unintended consequences of farm-to-market roads
FOR decades, farm-to-market roads were touted as the solution to agricultural productivity because these roads could lower the cost of transporting the harvests from the farms to the cities and communities. Farm-to-market roads are among the most politically popular and intuitively sensible public investments. They …
· Arnel Casanova
NTA working to stabilize tobacco market surplus
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· Giselle P. Jordan
World Bank OKs $600M for PH education reforms
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· Niña Myka Pauline Arceo
China’s yuan may be going global faster than Western data suggests, analysts say
Many yuan transactions are now routed through China’s own global payment system, which often does not show up in traditional data sets, analysts say
· Sylvia Ma
China’s yuan may be going global faster than Western data suggests, analysts say
Many yuan transactions are now routed through China’s own global payment system, which often does not show up in traditional data sets, analysts say
· Sylvia Ma
Key Events This Week: CPI, PCE, Durable, FOMC Minutes And More
In addition to Iran war developments, this week’s economic calendar will focus on the inflation side of the Fed’s dual mandate following a solid March employment report. The key data releases this week are the February durable goods report on Tuesday, the February PCE report on Thursday, and the March CPI report on …
· Tyler Durden
Confirmation hearing for BOK chief nominee set for April 15
SEOUL, April 6 (Yonhap) -- The confirmation hearing for Shin Hyun-song, the nominee for South Korea's central bank governor, will be held next week, officials said Monday.
· Kim Boram
Russian Crypto Payments Network Seeks Africa Expansion – FT
Russia is seeking to build an alternative cross-border payments network in Africa using a ruble-backed cryptocurrency, as it looks to bypass Western financial systems following sanctions imposed over the war in Ukraine, the Financial Times reported Monday.
· The Moscow Times
Border Police arrest Hamas-linked West Bank resident in terror plot
Border Police officers arrested a Hamas-linked terrorist who was planning a terror attack near the Palestinian West Bank village of al-Mughayir on Sunday night, Israel Police said on Monday.
· JAMES GENN
Polymarket promo code NYPMAX: Deposit $20, get $20 for the Masters
The 2026 Masters tees off Thursday, and new users can apply the Polymarket promo code NYPMAX to skip the line and receive $20 in bonuses that you can apply to trades on this year’s trip to Augusta, or any other market of your choosing.
· Michael Leboff
Global investors with $20tn in assets press ahead with Middle East expansion despite Iran war | The National
Global asset managers with more than $20 trillion in assets under management say they are committed to the UAE and the broader Middle East and are boosting their regional operations despite the Iran war.
· Sarmad Khan
UAE ‘well positioned’ to rank among top five global exporters as trade focus grows | The National
The UAE is “well positioned” to rank among the world's top five global exporters in the next five years as it boosts trade agreements internationally and extends its role in emerging market trade corridors, according to analysts.
· Fareed Rahman
Futures Rise, Oil Drops On Report Of Ceasefire Push
US stock futures rose, but were off session highs (and lows) and crude oil dipped as the bipolar market focused its attention on a report of a push to secure a potential ceasefire in the war in Iran, following a reversal in those exact same hopes late last week. As of 8:00am ET S&P 500 futures added 0.1% in light tr…
· Tyler Durden
JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power
JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank's legacy to the nation's history: "In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which was founded in April 1799."
· Tyler Durden
Don’t believe Trump’s claims about making life more affordable | Steven Greenhouse
The president has boasted about cutting prices of drugs, housing, food and gasoline. It’s grossly exaggerated nonsense
· Steven Greenhouse
How parents navigate the financial burdens of type 1 diabetes
This is AI generated summarization, which may have errors. For context, always refer to the full article.
· emanatlao0359
Hong Kong restaurant revenues drop over Easter break as departures outnumber arrivals
Estimated 6 to 7 per cent year-on-year dip in catering sector business over long weekend amid exodus of locals, F&B trade representative says
· Oscar Liu
Hong Kong restaurant revenues drop over Easter break as departures outnumber arrivals
Estimated 6 to 7 per cent year-on-year dip in catering sector business over long weekend amid exodus of locals, F&B trade representative says
· Oscar Liu
How defense contractors and oil companies profit from war on Iran as US gas prices soar
As Americans struggle amid the threat of higher inflation, Lockheed Martin, Shell and other companies are experiencing gains
· Lauren Aratani
JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence.
· Sara Salinas
Financial fraud thrives in the fog of war - and the UAE is ready for it | The National
Live updates: Follow the latest news on the Iran war
· Hamid Al Zaabi
Trump has America embracing a dangerous future
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· Adrian Wooldridge
Israeli settlers attack Palestinians, burn house, two tents, and three vehicles near Nablus
Israeli settlers burned a house, two tents, and three vehicles and assaulted Palestinians in the town of Al-Lubban Ash-Sharqiya, south of Nablus in the occupied West Bank, early Monday morning, according to Wafa news agency.
· Middleeasteye
Hyundai joins forces with Korean banks to accelerate robotics, hydrogen push
Hyundai Motor Group is ramping up efforts to develop the Saemangeum area in North Jeolla Province into a major industrial hub for robotics, AI and clean energy, in partnership with state-run financial institutions.
· Byun Hye-jin
LG affiliates converge on humanoid parts, from joints to batteries
LG Group's affiliates are converging on the humanoid robot component market in a pattern that mirrors a playbook the conglomerate has already deployed elsewhere.
· Moon Joon-hyun
Mirae Asset chief donates full dividend for 16th year
Mirae Asset Financial Group founder and Chairman Park Hyeon-joo will donate his entire 2025 dividend payout from Mirae Asset Global Investments, valued at roughly 1.6 billion won ($1.06 million), to support talent development, the group announced Monday.
· Im Eun-byel
Circle's Allaire to meet KB Financial in Seoul
Jeremy Allaire, founder and CEO of Circle, which issues the US coin stablecoin, will meet with KB Financial Group officials in Seoul this month to discuss broadening the companies' partnership and exploring new areas of financial cooperation.
· Choi Ji-won
Why all 26 Korean ships remain stranded in Hormuz as others slip through
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Crypto exchanges to face tighter asset-matching system following Bithumb's blunder
SEOUL, April 6 (Yonhap) -- All crypto exchanges in South Korea are asked to set up a system to check and verify their internal ledgers with actual crypto holdings every five minutes, the financial regulator said Monday.
· Park Sang-soo
AI data center boom ‘stress tests’ insurers as private capital floods in
AI data centers are becoming a "stress test" for insurers as rapid technological advancements and the use of increasingly complex financial structures present a unique set of challenges and opportunities for the sector.
· April Roach
UAE preparing support package for tourism sector, says economy minister | The National
The UAE is preparing a significant support package for the tourism sector as it grapples with a deepening impact from the Iran war, the Minister for Economy and Tourism said.
· The National
S. Korea's national debt surpasses 1,300 tln won in 2025
SEOUL, April 6 (Yonhap) -- South Korea's national debt exceeded 1,300 trillion won (US$861.2 billion) last year, with the debt-to-gross domestic product (GDP) ratio nearing 50 percent, the finance ministry said Monday.
· Kim Han-joo
Can China pursue tech self-sufficiency and market openness at once?
Readers discuss the implications of China’s five-year plan on Southeast Asia, and AI and journalism
· Letters
Can China pursue tech self-sufficiency and market openness at once?
Readers discuss the implications of China’s five-year plan on Southeast Asia, and AI and journalism
· Letters
Bangladesh garment makers see some costs triple in wake of Iran war
Senior figures in the garment industry -- a lynchpin of the Bangladeshi economy -- say an Iran war-linked price surge has "already kicked in." © Reuters
· Staff Writer