Macroscope | Why Wall Street remains bullish on China amid economic slowdown
Just because fund managers were too bearish on China doesn’t mean their concerns were misplaced – economic fundamentals matter
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Just because fund managers were too bearish on China doesn’t mean their concerns were misplaced – economic fundamentals matter
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Colombo Archbishop Malcolm Cardinal Ranjith stated that although the commercial economy has turned Christmas into a trade festival, everyone must clearly understand that it is not merely another event for making money.
The Hill Country Malayagam community has made a financial donation of Rs. 1 million to the Government’s ‘Rebuilding Sri Lanka’ Fund to provide relief to those affected by Cyclone Ditwah.
The 10th annual Financial Assistance and School Supplies donation ceremony organised by the Being Kind Foundation, for children from low-income families pursuing education, was held recently at the auditorium of Mahanama College, Colombo 3.
The MKS Group of Companies in Melbourne made a generous financial donation of AUS$ 30,000/- (LKR 6,027,039.00) 2025 to the ‘Rebuilding Sri Lanka’ Fund established by the Central Bank of Sri Lanka, to support the rebuilding and resettlement efforts for the victims affected by the floods and landslides in Sri Lanka ca…
Chief operations officer Sammy Kam and marketing director Rita Li look back on the highs and lows of their careers in a cutting-edge company
The catalogue, which lists the sectors carrying policy incentives for overseas investors, has hundreds of new entries, many in advanced manufacturing
At 67, Terence Wong shows no signs of slowing down and speaks passionately about his craft, including his dazzling display at Mody Lane
Despite row with China, Japan remains popular with Hongkongers, with mainland cities such as Harbin and Yunnan gaining appeal
This year’s wave of popularity for Chinese brands has not waned in France’s capital, with Shein’s store packed and Labubu dolls dotting trees
Locals, tourists seek keepsake pictures under 20-metre Christmas tree as other revellers head for time-honoured drink in Lan Kwai Fong
Immigration Department figures show Hong Kong residents made about 644,000 outbound trips by 9pm on Thursday
Mainland stocks closed higher after paring earlier losses as investors read the central bank’s latest messaging as supportive but restrained
Celebrations are resuming across the West Bank as a fragile truce holds in the Gaza Strip, where hundreds of thousands of people are facing the winter in makeshift tents and remain in urgent need of basic assistance.
But industry leader warns city’s image as tourist destination skewed by exorbitant rates of five-star hotels, while budget lodgings remain largely unknown
In an environment where Sri Lanka is recovering from its third shock in six years, our economy it not capable of withstanding much. The social landscape stands vulnerable as almost 1/4th of Sri Lankan’s live below the middle-income poverty line earning less than Rs. 1100 a day. About 33% of households goes into debt…
The term “bank” is derived from the French word banque and refers to an institution engaged in the management of money and its substitutes, as well as the provision of a variety of financial services. As a financial intermediary, a bank accepts deposits and extends loans. Deposits are funds entrusted to a financial …
A Sri Lankan man who illegally brought in a stock of ornamental plants worth seven hundred thousand rupees into the country was arrested by a group of airport customs officers at the arrival terminal of the Katunayake Airport yesterday.
With the objective of providing relief to the people affected by Cyclone Ditwah, the Pittsburgh and Cleveland Buddhist temples in coordination with the Sri Lankan Embassy in the United States, under the leadership of the Chief Incumbent of these temples, Venerable Dr. Surakkulame Pemarathana Thera, the monks of the …
The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has imposed a total of Rs.9.5 million in penalties on seven institutions for failing to properly report transactions. The FIU collected the fines between July and September 2025 under regulations for preventing money laundering and combating the …
Brazil saw nearly 80 per cent growth in Chinese tourists in 2024 and would join only two neighbours offering visa-free entry
China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending
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José Manuel Ramos Bastidas never set foot in the U.S. — at least not as a free man. He left Venezuela in January 2024, hoping to earn enough money to pay for his newborn son’s medical needs. Born with a respiratory condition, the family’s “milagrito,” or “little miracle,” had severe asthma and repeatedly needed to b…
ByteDance-owned Doubao remains the country’s top consumer AI app, as DeepSeek’s namesake chatbot takes the No 2 spot
PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network
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The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France
New term set to begin on June 1, 2028, with the winning bidder set to manage the facility for 10 years, with a possible five-year extension
The president instructs central SOEs to drive industrial upgrading while securing critical technologies and supply chains in the face of geopolitical risks
‘The main reason is that Japan has experienced several incidents … including bear attacks and earthquakes,’ Travel Industry Council says
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The Ministry of Industry and Entrepreneurship Development has initiated a vital recovery program to restore industries paralyzed by the severe weather conditions and nationwide impact of Cyclone Ditwah. As a primary step toward stabilization, the government has authorized a one-time financial grant of Rs. 200,000 pe…
Cyclone Ditwah, which struck Sri Lanka in late November, has caused an estimated US$4.1 billion in direct physical damage to buildings and contents, agriculture and critical infrastructure, according to a World Bank Group report released on Monday. This damage is equivalent to about 4 percent of Sri Lanka’s GDP.
As part of a series of relief measures under its ‘Rebuild Together’ theme, demonstrating its commitment to standing with Sri Lanka when it matters the most, the Commercial Bank of Ceylon on December 22, announced a total commitment exceeding Rs. 125 million towards recovery efforts following Cyclone Ditwah, includin…
The MKS Group of Companies in Melbourne, made a financial donation of AUS$ 30,000/- (LKR 6,027,039.00) to the ‘Rebuilding Sri Lanka’Fund established by the Central Bank of Sri Lanka, to support the rebuilding and resettlement efforts for the victims affected by the floods and landslides in Sri Lanka caused by Cyclon…
The Christian Guild of People’s Bank recently held its 47th Annual Christmas Carols at the People’s Tower, Colombo 02.
HNB PLC, one of Sri Lanka’s leading private sector bank, has signed a strategic MoU with Gaia Green Energy Holdings Pvt Ltd, a prominent provider of solar energy systems, to promote sustainable energy adoption through affordable personal and SME loan facilities.
Hayleys Agriculture Holdings Limited reaffirmed its position as a key driver of Sri Lanka’s export economy after three of its business units were recognised at the Presidential Export Awards 2024/2025, the highest national honour bestowed on exporters, which took place on December 11, at the BMICH in Colombo.
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Z oferty ponad 970 punktów wydawania żywności korzysta łącznie 1,5 miliona osób. Około 20 procent z nich ma ponad 63 lata, a prawie 30 procent to dzieci.
The addition of foreign drone makers, including those from China, to a US trade blacklist is unlikely to heat up relations, observers said
Housing minister pledges to empower local governments to buy unsold inventory and shift towards selling only finished homes with a ‘what you see is what you get’ model
Most successful Olympic sailor seals financial backing from private equity group for 2027 campaign and beyond
Gold prices have recorded a notable increase in both the global and local markets. In line with the upward trend in the international market, gold prices in Sri Lanka have also risen.
The US chip designer plans to fulfil initial orders from existing stock, with shipments expected to total 40,000 to 80,000 H200 chips
Christmas can provide ‘way out to a radically new and promising life’, he says in wide-ranging message that also touches on economy, AI challenges
The widening gap, fuelled by a localisation push in China and fierce EV competition, is fuelling fears of political upheaval and rising protectionist sentiment in Berlin
The Japanese government wants to return to nuclear energy to fuel its economy and offset its reliance on foreign energy imports.