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US destroyer, container vessel collide off Japan: Navy

June 16, 2017

Washington (AFP) – A US Navy destroyer and a Philippine-flagged container ship collided off the coast of Japan, causing an undetermined number of injuries, the US Navy reported Friday. The collision between the guided missile destroyer USS Fitzgerald and the ACX Crystal took place about 56 [...]

Some Sri Lankan banks stop buying Qatar Riyal

June 6, 2017

Some Sri Lankan banks stopped buying Qatar Riyal QARLKR=R on Tuesday, saying their counterpart banks in Singapore advised them not to accept the currency a day after the Arab world’s biggest powers cut ties with Qatar. Saudi Arabia, Egypt, the United Arab Emirates and Bahrain on Monday [...]

Moody’s slashes HongKong rating following China cut

May 25, 2017

Hong Kong on Thursday hit back at a decision by Moody’s to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China. The move was announced hours after the firm downgraded China for the first time in almost three decades citing concerns about [...]

Updates on Sri Lanka floods

May 25, 2017

#Floods affecting many parts of Sri Lanka Friday 26th May 2017 Sri Lanka Floods Update:  12pm Gin River in Tawalama pictured this afternoon 1130am Flood gates of the Lakshapana, Canyon and Kukule Ganga reservoirs opened due to heavy rain – Min of Power and Renewable Energy 11am 500,000 [...]