Hyundai Motor Company and Kia unveiled a midsized pickup concept and a new Seltos SUV at the New York International Auto Show on Wednesday, signaling a stronger push into higher-margin utility vehicles in the key North American market.
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…
Gulf countries are revisiting costly plans for pipelines that would allow them to bypass Iran's restrictions on the Strait of Hormuz, Financial Times reports.
President Donald Trump speaks about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington. (AP Photo/Alex Brandon, Pool)
Persons walk in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, April 2, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
More than 4.4 trillion won ($2.9 billion) in foreign capital has flowed into South Korea's bond market this week, financial authorities said Thursday, as the country began its phased inclusion in a key global government bond index managed by FTSE Russell.
Older residents still commuting to jobs say revision should have distinguished them from other beneficiaries, but observers expect extra burden to be limited
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Shares of Globalstar jumped more than 15% in extended trading on Wednesday after the Financial Times reported Amazon is in talks to acquire the satellite communications company, citing people familiar with the matter.
Stocks rushed higher worldwide, and oil prices eased as hopes built that the war with Iran could end soon. That’s even though some of the signals investors saw as hopeful on Wednesday are already under dispute.
The National Packaging Centre (NPC) of the Sri Lanka Export Development Board (EDB) recently conducted an awareness workshop on “Packaging strategies for Spices” for exporters and potential exporters, with the aim of enhancing their knowledge on packaging solutions that meet both local and international market stand…
Stock markets surged and oil plunged below US$100 a barrel after President Donald Trump suggested the US would end its attack on Iran in two to three weeks.
There is a small factory in Kadawatha, on a strip of land beside a family home, that produces an interesting object. Interesting in the sense, the object sits uneasily within Sri Lanka’s regulatory frame. Air rifles are tightly controlled. Manufacturing them, more so. Yet it is here that Royston Thomas has built wha…
The Central Bank of Sri Lanka (CBSL) states that the increase in transportation costs can be considered as a major reason for the increase in inflation this year (2026).
The Cabinet of Ministers has approved the preparation of a draft Bill for the Prevention of Organised Crime, designed to dismantle criminal gangs, drug trafficking networks, and their financial bases.
Seylan Bank PLC has entered into a partnership with GS EVO Motors Limited, a company engaged in importing electric vehicles (EVs) to Sri Lanka, to introduce a dedicated leasing facility for customers purchasing EVs.
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the availability of the Samsung Galaxy S26 Series in Sri Lanka through its retail and digital channels, bringing Samsung’s latest flagship smartphone lineup to local consumers.
AIA Insurance Lanka Limited has strengthened its partnership distribution capabilities by signing a Memorandum of Understanding (MoU) with the Bank of Ceylon (BOC), Sri Lanka’s leading state-owned bank, to offer Decreasing Term Assurance (DTA)policy covers to BOC customers.
Measures In view of the prevailing war situation in the Middle East region and the resulting external shocks affecting both the daily lives of the public and the overall economy, the Government has been implementing various measures to manage such impacts in a systematic manner.
The Government has approved the expansion of the ‘Artha’ programme to extend monthly financial assistance of Rs. 5,000 to more vulnerable children, including those affected by natural disasters and those living in unsafe conditions.
The heads of the International Energy Agency, the International Monetary Fund and the World Bank said they will form a coordination group to respond to the economic and energy fallout from the US-Israeli war on Iran.
Palestinian shops and public institutions, including universities, across the occupied West Bank and East Jerusalem were closed as people took to the streets to protest against a new Israeli law that imposes the death penalty for Palestinians convicted of deadly attacks.
Major automakers unveiled new electric vehicles at the New York Auto Show on Wednesday, despite lagging consumer demand and a sharp downturn in sales after Washington eliminated a $7,500 EV tax credit.
Stocks are rushing higher worldwide, and oil prices are easing as hopes build that the war with Iran could end soon. That’s even though some of the signals investors saw as hopeful are already under dispute, and several prior bouts of optimism in financial markets quickly got undercut by continued, fierce fighting i…
Anxiety is reportedly spreading at Nike as executives are telling employees to curb excess spending in the midst of disappointing earnings, which sent the storied company’s stock plummeting by 14% on Wednesday afternoon.
Uganda's state minister for foreign affairs has met with Egypt's foreign minister in Cairo to discuss how the ongoing war involving Iran is affecting Africa's energy security, inflation and food prices.
The City Council released a $127 billion alternative budget plan Wednesday, closing gaps without raising property taxes, dipping into reserves or cutting services by finding savings —calling foul over Mayor Zohran Mamdani’s financial plan.
Elon Musk’s SpaceX has confidentially filed for an initial public offering, setting the stage for what could become the largest stock market listing on record, Bloomberg News reported Wednesday.
The U.S. Food and Drug Administration approved Eli Lilly's GLP-1 pill, the company said, a major milestone for the Indianapolis-based drugmaker and one that will test the market for new weight-loss medications.
KUALA LUMPUR, Malaysia, April 1, 2026 /PRNewswire/ -- DayOne Data Centers Limited ("DayOne"), a Singapore-headquartered global hyperscale data center platform, today announced a commitment of RM28+ billion cumulative investment in Malaysia by the end of 2026, cementing its leadership position in the country's data c…
Palestinians across the occupied West Bank observed a general strike on Wednesday in protest against a new Israeli law allowing the execution of prisoners, as international condemnation mounted.