Sri Lanka jolts markets with outsized 100-b.p rate hike to counter Gulf crisis
COLOMBO, May 26 (Reuters) – Sri Lanka’s central bank stunned markets by raising its benchmark policy rate by an outsizedContinue Reading
Category: World News
Sri Lanka Cricket finances ‘greater than feared’; interim chief
(AFP)-Financial irregularities surrounding Sri Lankan cricket were far worse than feared, government-appointed administrators said Thursday, promising a full accounting andContinue Reading
Middle East conflict hits Sri Lanka’s tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) – Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for herContinue Reading
Israeli minister Ben Gvir sparks outcry over video of bound flotilla activists
(AFP)-Israel’s far-right national security minister posted a video on Wednesday, May 20, showing detained activists from a Gaza-bound flotilla kneelingContinue Reading
India scrambles to steady rupee as oil shock bites
(AFP)-India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten toContinue Reading
Authorities search waters in the Maldives for bodies of Italians who died in cave dive accident
MALE, Maldives (AP) — Maldivian authorities conducted a high-risk search Friday for the bodies of four Italian divers who diedContinue Reading
Vietnam seeks deeper defence, trade ties with Sri Lanka
(AFP)-Vietnam’s top leader To Lam called for deeper defence and trade ties with Sri Lanka on Friday, noting the SouthContinue Reading
Sri Lanka’s Cricket administration resigns after years of decline
COLOMBO, Sri Lanka (AP) — Sri Lanka’s cricket chief and his executive committee have resigned and the government has appointedContinue Reading
Sri Lanka probes missing $625,000 postal payment to USPS
COLOMBO, April 28 (Xinhua) — Sri Lankan authorities have initiated an investigation into a foreign currency payment made by theContinue Reading
UAE announces it will leave Opec
The world’s seventh-largest oil producer will exit the bloc on May 1, allowing it to gain greater ‘flexibility to respondContinue Reading
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