Finance ministers from the G7 nations will hold an emergency meeting to discuss releasing strategic oil reserves as global crude prices surge, the Financial Times reported, citing sources.
Pakistan Stock Exchange benchmark index plunged more than 9,000 points in early trading, which resulted in trade suspension in the market for 45 minutes, local media reported.
Lotte Biologics said Monday it will participate in DCAT Week 2026, a major pharmaceutical and biotechnology industry gathering to be held in New York from March 23 to 26, as it looks to expand partnerships and strengthen its global presence in the contract development and manufacturing organization 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…
Celltrion said Monday it continues to see solid prescription growth across Asian markets, with several of its key biosimilar products capturing leading market shares.
A 27-year-old Indian national was arrested this morning (09) by officers of the Airport Police Narcotics Bureau (PNB) while attempting to leave the Bandaranaike International Airport with a large stock of ‘‘Kush’’ cannabis.
BEIJING (Reuters) -- China's consumer inflation accelerated to the highest in more than three years due to the effects of the Lunar New Year holiday, while producer deflation persisted as weak demand remained a drag on an economy facing stiff external challenges.
Palestinian authorities and the Israeli military said Sunday that three Palestinians were killed during an Israeli settler attack in the occupied West Bank, taking to 4 the number reported dead in such incidents over two days.
The U.S. government ordered non-emergency government employees to leave Saudi Arabia as the war engulfing Iran widened across the Middle East, pushing oil prices above $110 per barrel and triggering a market sell-off in Asia.
Private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people familiar with the matter.
China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending while deflation in factory-gate prices moderated.
TOKYO, Japan — Stock markets in South Korea and Japan fell sharply in early trade on Monday after oil prices soared above $100 per barrel for the first time in almost four years.
The Financial Times reported last week that the Pakistan government “thwarted” an attempt by JPMorgan Chase to buy the Roosevelt Hotel. There was only one question:
A California startup says it has officially completed its first fully 3D-printed home, marking a futuristic step toward what could be a faster — and cheaper — way to build housing in the Golden State.
Chinese President Xi Jinping reacts during the opening session of the National People’s Congress (NPC) in Beijing, Thursday, March 5, 2026. (AP Photo/Ng Han Guan)
BANGKOK (AP) — Japan’s benchmark Nikkei 225 index plunged more than 6% early Monday after oil prices soared to over $100 a barrel due to supply disruptions from the war in the Middle East.
Japan's Nikkei 225 and South Korea's Kospi both plunged over 6% in early trade Monday, leading a broader regional sell-off as oil prices breached $100 per barrel for the first time since 2022.
“A who’s who list of right-of-center” groups last week asked Speaker Mike Johnson to set a House vote on the More Homes on the Market Act “which would boost the exemption from capital gains tax for people selling their primary residence” — “an idea for making housing affordable that 64 congressional Democrats have a…
Global oil prices climbed sharply during the week from March 3-6, 2026, surpassing USD90 per barrel amid mounting concerns over supply disruptions linked to the escalating US–Israeli conflict with Iran and the continued closure of the Strait of Hormuz. By the end of the period, Brent and West Texas Intermediate (WTI…
The Colombo Stock Exchange (CSE) and NSE IFSC LIMITED (NSEIX), an international multi-asset exchange and wholly owned subsidiary of the National Stock Exchange of India Limited, signed a Memorandum of Understanding (MoU) recently to strengthen capital market cooperation between Sri Lanka and India.
Wall Street have tumbled after the continuation of Middle East hostilities sent oil prices rocketing towards $US100 a barrel and new data showed a sharp deterioration in the US jobs market.
In the corridors of Sri Lanka’s leading corporate houses, a quiet crisis of mismatch is unfolding. As our economy pivots toward high-value services and technology-driven exports, the traditional Curriculum Vitae (CV) – a chronological list of past titles and roles – is proving to be an increasingly obsolete tool for…
Central Depository Systems (Pvt) Ltd (CDS), a subsidiary of the Colombo Stock Exchange (CSE), has reached a milestone as total registered accounts surpassed the 1 million mark.
Seylan Bank PLC has entered into a partnership with DIMO, an authority in automotive excellence for 85 years, to introduce a dedicated leasing facility for customers purchasing Tata commercial vehicles from DIMO.
In recognition of International Women’s Day on March 8, People’s Bank has announced an expansive suite of exclusive benefits and financial empowerment programmes under its flagship ‘Vanitha Vasana’ brand.
SDB bank relocated its Warakapola Branch to a new location with a modern, fresh look and ample parking, further strengthening its commitment to delivering an enhanced, customer-centric banking experience. The newly refurbished branch, located at Colombo Road, Warakapola, opened to customers on March 3.
Commercial Bank of Ceylon has expanded its footprint to Kaluwanchikudy, with the opening of its latest branch in this scenic coastal town southeast of Batticaloa in the Eastern Province.
Sri Lanka’s Small and Medium Enterprise (SME) sector, widely regarded as the backbone of the national economy, has been urged to actively participate in a national forum aimed at addressing the urgent challenges currently facing the industry.
The eldest daughter of “El Mencho” quietly snapped up a suburban California home after serving time for laundering drug money — and baffled neighbors say she’s had no shortage of cash to renovate the place.They say strange cars — some bearing Mexican license plates — appear and disappear from the property while myst…
Oil shot to its highest price since 2023 after surging again Friday because of the Iran war, and a weak update on the US job market knocked stocks lower to cap Wall Street’s worst week since October.
The global economy is facing its biggest shock since the depths of the pandemic after oil prices soared to $US116 a barrel and $80 billion was wiped from the Australian sharemarket with fears the war against Iran could plunge the United States into recession.
SUN Life Grepa Financial Inc. (Sun Life Grepa) delivered standout performance in 2025, emerging as the fastest-growing life insurer in the Philippines in terms of new business, while also ranking among the top 10 across key industry metrics, including new business annualized premium equivalent (NBAPE), total premium…