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-- 2022-07-30 11:56:22
Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday, Reuters reports. Discu...
-- 2022-07-29 18:38:23
Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia’s war in Ukraine, but the economy still managed bet...
-- 2022-07-29 18:00:44
Global stocks rose on Friday, on course for their best month since late 2020, as eurozone growth beat expectations, while the dollar dipped as traders await fresh US data for clues to the outlook for...
-- 2022-07-29 17:00:09
Sri Lanka's inflation surged to a record 60.8 per cent in July, the crisis-struck country's statistics department said on Friday, compared to a 54.6 per cent rise in June. The jump in the Colombo Con...
-- 2022-07-29 11:47:40
The World Bank does not plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place, it said in a statement on Thursday. The World Bank stressed that Sri Lan...
-- 2022-07-29 11:08:29
Several Asian central banks must raise interest rates rapidly, because inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine, said a senior Intern...
-- 2022-07-29 09:56:48
Apple on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sale...
-- 2022-07-28 21:47:38
The US economy shrank for a second straight quarter, data released on Thursday showed, amplifying an ongoing debate over whether the country is, or will soon be, in recession. The 0.9 per cen...
-- 2022-07-28 17:11:04
China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, reports Reutesr on Thursday citing Financial Times, as it tries to revive the d...
-- 2022-07-27 21:33:00
Consumer-focused firms are seeing no shortage of demand despite the soaring cost-of-living, prompting several to upgrade sales forecasts for the current year, though questions remain about how long th...
-- 2022-07-27 20:54:09
China must focus on addressing "unbalanced and inadequate development" in the next five years, President Xi Jinping told senior leaders this week, indicating he wants to continue the economic prioriti...
-- 2022-07-27 12:12:02
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year, according to Reuters pol...
-- 2022-07-27 10:43:18
Australian inflation sped to a 21-year high last quarter and is likely to accelerate even further as food and energy costs explode, stoking speculation interest rates will need to more than double to...
-- 2022-07-26 19:56:56
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materialising and could push the world economy to...
REUTERS 2022-07-26 14:17:54
US and Taliban officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund, three sources familiar with the talk...
-- 2022-07-26 13:19:45
Crisis-hit Sri Lanka invited on Tuesday expressions of interest from oil companies in petroleum-producing nations seeking to import and sell petroleum products as the Indian Ocean island opens its mar...
REUTERS 2022-07-26 11:50:09
Asian shares wobbled on Tuesday and bonds were firm as a profit warning from Walmart put consumption and company earnings under a cloud ahead of what is likely to be another sharp US interest rate hik...
REUTERS 2022-07-26 10:20:08
South Korean economic growth unexpectedly picked up in the second quarter as strong consumption on eased COVID-19 restrictions offset poor exports, supporting the case for further central bank inter...
-- 2022-07-24 12:19:50
Pakistan's $33.5 billion external financing needs are fully met for financial year 2022/23, the central bank chief said on Saturday, adding that "unwarranted" market concerns about its financial posit...
-- 2022-07-22 21:48:54
Food prices in Sri Lanka increased by 75.8 per cent in the twelve months till June, accelerating from 58.0 per cent in May. Sri Lankan news outlet Daily Mirror said the data from National Consumer Pr...
-- 2022-07-22 20:40:46
Worries over a global slowdown are casting a shadow over Asia's recovery prospects with factory activity growth slowing in Japan and Australia, keeping pressure on policymakers to support their econom...
-- 2022-07-22 16:55:59
Global stocks edged up on Friday, eyeing a sixth day of gains, while weak euro zone business activity data hit the euro and weighed on the bloc's debt. The MSCI World index, its broadest gauge of equ...
-- 2022-07-22 15:23:03
Europe's banks, facing a potential economic storm and a rise in borrowing costs for the first time in more than a decade, are set to show their weak spots when they update investors on how their busin...
FE ONLINE DESK 2022-07-22 09:56:53
Asian stock markets were on course for their best week in months and the dollar held off recent record highs after the European Central Bank (ECB) raised rates for the first time in more than a decade...
-- 2022-07-21 10:52:01
Sri Lanka's new president will have to deal with daunting political challenges and his reforms should include tax rises to stabilise a devastated economy, the central bank governor told the Financial...
-- 2022-07-19 20:45:41
The European Parliament's delegation on international trade on Tuesday said that the block wants full implementation of Bangladesh government's commitment to implement a labour roadmap. "We want the...
-- 2022-07-19 18:19:12
The Pakistani rupee fell to an all-time low against the dollar for the second day in a row on Tuesday, closing at Rs222 in the interbank market. According to the Forex Association of Pakistan (FAP),...
-- 2022-07-19 17:29:28
The Indian rupee hit a seventh straight session of record lows on Tuesday as weakness in domestic shares and currencies weighed, but dollar selling intervention by the central bank helped limit furthe...
REUTERS 2022-07-19 09:08:58
Asian shares slipped on Tuesday, following overnight declines on Wall Street, and the dollar hovered below last week's peak, but traders' main focus was approaching central bank meetings and the early...
BBC 2022-07-18 17:21:30
Sri Lanka is in the midst of a deep and unprecedented economic crisis that has sparked huge protests and seen its president quit after fleeing the country - but other countries could be at risk of sim...
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