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The Commercial Bank of Ceylon achieved another performance milestone in 2025, becoming the first private sector bank in the country to expand its loan book beyond Rs. 2 Tn., with a growth of Rs. 541 Bn. over 12 months at a monthly average of over Rs. 45 Bn., demonstrating its commitment to national economic resurgence.
Janashakthi Life, announced strong financial performance for the year ended December 2025, with 67% growth in new business, and 31% growth in total Gross written premiums recording Rs 8.65billion, endorsing credentials of a fast-growing insurer in the local insurance industry.
PM says on 7.30 that the late Iranian leader should not be mourned. Follow today’s news live
The John Keells Consumer Foods Sector (JKCF) has once again demonstrated its leadership in financial reporting excellence, securing multiple accolades at the CA TAGS Awards 2025.
Prime Minister Harini Amarasuriya stated that the necessary financial allocations for the development of infrastructure in provincial schools have been provided to all provinces. She emphasised that these funds must be utilised effectively for school development and requested that relevant authorities submit proposa…
Pan Asia Bank has announced the launch of a special commercial vehicle leasing promotion in partnership with DIMO, introducing a first-of-its-kind ‘live QR-based customer inquiry response System (CRIS) designed to enable instant customer engagement and faster leasing approvals.
RANATUNGA – LASITH – Beloved son of late Mr. R.A.R. Ranatunga and late Mrs. Sene Ranatunga, cherished husband of Gayanee (Seylan Bank), loving father of Theruni and Ashcharya and dear brother of Maneesha (HNB). The remains will lie at Jayaratna Restpect, Borella, from 8.30 a.m. on Monday 2nd March. The funeral w…
Lloyd Blankfein, who led Goldman Sachs Group through the 2008 financial crisis, is now ringing alarm bells as Wall Street steers cash from US savers into its latest lending binge: private credit.
A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation
Mourners sit outside a hospital morgue where two bodies were brought, identified as Palestinian brothers Mohammad and Faheem Mo’mar, and who according to the Palestinian Health Ministry were shot by Israeli settlers in their home village of Qaryut, in the West Bank city of Nablus, Monday, March 2, 2026. (AP Photo/Ma…
Many countries rely heavily on oil from the Middle East. (Reuters: Raheb Homavand)
When a major big-box retailer opens its doors in a community, it’s typically more than just a new place to shop—it’s a signal. These chains follow rising consumer demand, so their arrival often points to population growth, new residential construction, and a housing market on the upswing.
Oil prices are leaping Monday with worries that the Iran war will clog the global flow of crude and make inflation even worse. US stocks, meanwhile, are swinging between sharp losses and a tiny gain.
The 66-million-year-old fossil, for sale on musician Pharrell Williams’ auction platform Joopiter, is expected to fetch up to US$5.5 million
A triceratops skeleton that stood in a Wyoming museum for decades will be auctioned off, a rare instance of a museum-exhibited dinosaur going to the auction block just as the market for the prehistoric giants has hit record highs.
There appears to be a market for Tua Tagovailoa.
Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a fiercely competitive global handset market.
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Kalshi, a prediction market that is exploding in notoriety, is giving new users an incentive to sign up with the Kalshi promo code NYPMAX.
The US stock market has opened, with a bump!
A traveler checks departure times as many flights are cancelled at Beirut Rafik Hariri International Airport in Beirut, Lebanon, Saturday, Feb. 28, 2026, as many airlines canceled flights due to the conflict involving the United States, Israel and Iran. (AP Photo/Hassan Ammar)
In this photo made available by JOOPITER, a triceratops skeleton, dubbed Trey, is displayed at Le Freeport, Singapore, Feb. 5, 2026. (Courtesy of Joopiter via AP)
Workplace Gender Equality Agency report shows a slight increase in number of women in highly paid roles, which are still dominated by men
Mainland China imports vast amounts of oil from the Middle East but India, South Korea and others could fare worse, analysts say
FRANKFURT, Germany — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
More women are taking up managerial roles, but men remain nearly two times more likely to be among the highest earners. Some of the highest-paying industries have the worst gender pay gaps.
The Reserve Bank has defended its tactics in the battle against inflation, revealing that almost 200,000 more people would be out of work and mortgage holders hit with much higher repayments if it had more aggressively hiked up interest rates.
Suspension of major transit hubs in Dubai and Doha sends travellers scrambling for flights on ‘conflict-free’ paths to Europe
The conflict does not pose an immediate threat to China’s oil supply, but will spur on the country’s energy security drive, analysts say
FRANKFURT, Germany (AP) — Oil prices rose sharply Monday as disruptions in tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
Range Intelligent Computing Technology to commence operations in 42 months, with a cumulative investment of HK$23.8 billion over the first three years
‘This marks an important milestone in the collaboration on financial innovation between Shanghai and Hong Kong,’ HKMA’s Howard Lee says
Chris Sun also reveals over 270,000 non-locals settled in Hong Kong as of January 31, with 40 per cent admitted through Top Talent Pass Scheme
Two more Palestinian children die from malnutrition in Gaza amid ongoing restrictions on lifesaving supplies as Israel closed Rafah crossing and all other checkpoints in the West Bank and Gaza Strip, TRT World reported on Monday.
QINGDAO, China, March 2, 2026 /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, has reaffirmed its leadership in the global large-screen TV market. According to Omdia's full-year 2025 global shipment data, Hisense ranked No. 1 worldwide in the 100-inch-and-above TV segment …
Amid trade tensions, China Council for the Promotion of International Trade describes business communities as a ‘bridge’ for exchanges
Surging oil and freight costs disrupt traders, while flight disruptions compound challenges for Middle East exhibitors in the city amid escalating tensions
BEIJING and GUANGZHOU, China, March 2, 2026 /PRNewswire/ -- SALIAI ("Guangzhou SALIAI Stem Cell Science and Technology Co., Ltd." and "Guangzhou SALIAI Biological Gene Engineering Co., Ltd.," collectively referred to as "SALIAI") is a China-based biotechnology company engaged in stem cell research and related commer…
'Clean Sri Lanka' drive opens doors for Korean firms in green energy, environmental services and the digital economy
Ex-finance official Zhu Guangyao says abundant energy supply gives the nation a critical edge in AI, as ‘electricity is computing power’
Students will be taught consumer and financial literacy earlier in primary school under a plan to bolster declining maths skills across the country.
Major banks roll out emergency support programs as government reviews 100 trillion won market stability plan
The convict who became infamous for holding up disgraced celebrity chef Paula Deen during a bank robbery in 1987 was found dead inside his Brooklyn apartment Thursday.
Strait of Hormuz closure could deal a blow to Korean businesses through higher oil prices, currency swings, weaker investment
China adds Japanese entities to export control list, turning up heat on TokyoBeijing has also added 20 Japanese firms and institutions to a watch list for the export of goods with potential military applications.
Biggest house price increases in February come in smaller capital cities as buyers undeterred by interest rate hikes
As private businesses grapple with cash flow challenges, entrepreneurs say they want the settling of outstanding debts to be made a priority
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Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of disruption