Sri Lanka Rupee’s Rally May Falter as 17% Slide Seen on Horizon
After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupee
1970-01-01 08:00
Intel Cedes Spotlight at Global Tech Gala to AI Darling Nvidia
When Asia’s biggest computing and electronics show kicked off this week, one name was conspicuously absent: Intel Corp.
1970-01-01 08:00
SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
1970-01-01 08:00
ECB’s Inflation Fight Exposes Fragilities in Financial System
The European Central Bank’s fight against stubbornly high inflation has revealed fragilities in the financial system that are
1970-01-01 08:00
Top ESG Funds in Asia Boost Returns In Once Unloved Market
Asia’s top ESG funds are reaping the rewards of investing in Japan, a market largely ignored even by
1970-01-01 08:00
Philippines Moves Closer to Wealth Fund Plan With Senate Nod
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill,
1970-01-01 08:00
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
1970-01-01 08:00
MFT Energy’s Profit Soars More Than 800% on Volatile Markets
Danish trader MFT Energy P/s boosted its profit for last year more than eightfold as price volatility soared
1970-01-01 08:00
Mexico Coke Bottler Femsa Sells €3.3 Billion Heineken Stake
Mexican Coca-Cola bottler Femsa sold about €3.3 billion of its shares in the Heineken Group, divesting its stake
1970-01-01 08:00
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
1970-01-01 08:00
French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
1970-01-01 08:00
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
1970-01-01 08:00