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A person walks on the beach next to homes damaged by the Palisades Fire, Jan. 16, 2025, in Malibu, Calif. (AP Photo/Jae C. Hong, File)
The Middle East war has now lasted for more than a dozen days with no signs of abating. The war did not end in the manner the US and Israel expected. Iran resisted. It has now vowed to hold on to its resistance even further despite the destruction inflicted on its economy and public life. The entire region is now in…
The narrow stretch of water separating Iran from Oman has long been one of the most strategically important passages in the global economy. Today, that corridor, the Strait of Hormuz, has become the epicenter of a global energy crisis that threatens to ripple across economies, industries and households worldwide.
Assetline Finance PLC (AFIN), the flagship company of the financial services arm of David Pieris Holdings, continues on its journey of islandwide growth with the opening of the 63rd branch in Athurugiriya, located at Kaduwela Road.
National Development Bank PLC (NDB) partnered with Home Lands Group as a key banking partner at the Home Lands Property Investment Roadshow 2026: Road to Your Next Investment, held recently at the Grand Ballroom of the Hilton Colombo.
DFCC Bank PLC, under its ‘Garusaru’ proposition for senior citizens and in collaboration with the Department of Pensions, has introduced a simplified biometric process that enables eligible government pensioners to complete their annual Life Certificate verification using fingerprint authentication at 50 selected DF…
Alliance Finance Company PLC (AFC) has been recognised as the Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024/25.
Driven by its commitment to enhancing customer lifestyles and making quality mobility solutions more accessible, the Commercial Bank of Ceylon has entered into a strategic partnership with Ideal Motors (Pvt) Ltd. to promote the Mahindra XUV 3XO passenger vehicle, through a joint promotional campaign.
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The Cabinet of Ministers on Monday (9) approved the appointment of a special Economic Surveillance Committee to monitor and assess the potential impact of the ongoing conflict in the Middle East on Sri Lanka’s economy, Cabinet Spokesman and Health and Mass Media Minister Dr. Nalinda Jayatissa said.
Prime Minister Dr. Harini Amarasuriya participated in the International Women’s Day Flagship Event hosted by the Asian Development Bank (ADB) yesterday at the ADB headquarters in Manila, Philippines. The event brought together senior ADB leadership, representatives of the diplomatic community and development partner…
The US stock market is holding steadier as Wall Street waits for the next signal on when the war with Iran may end.
Philadelphia Phillies starting pitcher Jesús Luzardo throws out Los Angeles Dodgers’ Teoscar Hernandez at first during the fourth inning in Game 2 of baseball’s National League Division Series, Oct. 6, 2025, in Philadelphia. (AP Photo/Matt Slocum, File)
March 11, 2026 — 5:00am
Leonid Brezhnev once said in 1981 that “the economy must be economical.” That sentiment is back in vogue — modesty is becoming fashionable again. And Moscow, the capital of Russian fashion, including economic fashion, has rushed to change its image by announcing a 15% reduction in the size of the city’s administrati…
Indian companies have bought up all Russian crude available on the spot market in less than a week after the United States granted New Delhi a temporary waiver to purchase the oil, Bloomberg reported Tuesday, citing people familiar with the deals.
THE peso and stock market rebounded on Tuesday after United States President Donald Trump said that the war on Iran could soon end.
Billionaire investor Bill Ackman is taking his firm, Pershing Square Capital Management, public on the stock market while launching a new investment fund that aims to raise billions from everyday investors and major financial institutions.
BANK lending slowed to a near two-year low in January while money circulating in the economy increased, the Bangko Sentral ng Pilipinas (BSP) reported late on Monday.
A video taken by AP shows what appear to be Iranian ballistic missiles flying over the occupied West Bank and dropping smaller bomblets, which are found inside the missile. (Produced by Elaine Carroll)
A San Diego bishop who frequented a brothel in Tijuana, Mexico has pleaded not guilty to 15 felony counts of financial crimes.
As Sri Lanka continues to navigate a fragile economic recovery, attention is increasingly turning toward how smaller economies have successfully rebuilt growth through export‑oriented strategies. Among the countries frequently cited in discussions about export discipline is Cambodia. Over the past two decades Cambod…
On Monday, Israel targeted a building in Beirut’s southern suburbs that was reportedly a branch of the Hezbollah-affiliated Al-Qard Al-Hassan financial institution, as it intensified attacks against organisations linked to the Lebanese group.
Resurgent inflation, already a factor before the Middle East conflict, now risks intensifying, creating a problem for prime minister
A version of this article appeared in CNBC's Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.
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…
Veteran rockers’ show originally scheduled for March 24 cancelled, with new concert added on March 29
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Multimillionaire begins case against FCA ban over handling of investigation into sexual misconduct claims
Consumer groups say households are left to absorb rising costs as the government rolls out conservation measures and considers fuel tax relief
The head of Vatican Security, Gianluca Gauzzi Broccoletti, center, follows Pope Leo XIV as he visits the parish complex of Santa Maria della Presentazione on the outskirts of Rome, Sunday, March 8, 2026. (AP Photo/Gregorio Borgia)
A new pilot programme launching this year will mean people in Spain will receive financial compensation for recycling their second-hand clothes in special containers.
As a new West Bank settlement plan gains steam, now is the time for governments to take multilateral economic action
Oil markets have had some of the steepest price rises ever recorded as conflict in the Middle East escalated over the last week. Although the world is slowly becoming greener, fossil fuels are still the lifeblood of every economy so when oil and gas prices rise, the effect ripples through almost every aspect of our …
In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets.
Crude volumes rose sharply in January and February as Beijing amassed reserves, pre-empting Mideast risks, and analysts say it provides a strong buffer for global supply disruptions
Oracle reports third-quarter earnings on Tuesday, and it will be an unofficial test for the artificial intelligence trade.
Family-run farms in El Salvador and Honduras face mounting losses, rising costs – and the need to adapt or be left behind
The Qatari Foreign Ministry spokesman Majid al-Ansari said that "repelling and dealing" with Iranian attacks are now a priority.
Outspoken investor Bill Ackman who aspires to be the next Warren Buffett is taking his hedge fund public on the New York Stock Exchange.
DETROIT — Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid SUVs as the market for more fuel-efficient vehicles is expected to continue growing, CNBC has learned.
Japan is squeezed between the nuclear trauma of its recent past and a volatile global energy market.
Baden-Wurttemberg’s car industry is facing steep job losses amid intense Chinese competition. But local candidates largely avoided blaming China
Rebecca Sheppard specializes in untangling other people’s financial messes. But for nearly a year, the Colorado accountant has been unable to fix a glaring error on her own credit report.
Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears
Bank tightens work rules in the city, requiring traders and salespeople to return to the office from April 1
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Beijing gave no reason for order – but both firms at centre of dispute after Panama ruled against CK Hutchison’s operation of two ports
