International

Oil jumps 1% on weaker dollar, but rise in US drilling drags

/ Tuesday, 27 June 2017 00:00

  REUTERS: Oil prices rose more than 1% early on Monday on a weaker dollar, but another rise in US drilling activity stoked w...


Sears Canada to close stores, cut jobs in restructuring

/ Tuesday, 27 June 2017 00:00

  REUTERS: Sears Canada Inc said it plans to cut jobs and close about a quarter of its stores as it restructures its operatio...


Asia stocks edge up on optimism over global growth, dollar soft

/ Tuesday, 27 June 2017 00:00

  REUTERS: Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdue...


Good start, not enough: EU leaders mull May’s Brexit offer

/ Saturday, 24 June 2017 00:00

Reuters: Theresa May offered fellow EU leaders a “fair” deal on Thursday for compatriots living in Britain after Brexit, thoug...


House of Saud unites behind king’s son – for now

/ Saturday, 24 June 2017 00:00

Saudi Arabia’s Crown Prince Mohammed bin Salman sits during an allegiance pledging ceremony in Mecca, Saudi Arabia June 21, 2017. Bandar Alga...


Oil prices fall further with glut concerns persisting

/ Friday, 23 June 2017 00:00

Tokyo (Reuters): Oil turned lower on Thursday after posting gains earlier in the session as traders look ready to test new lows for crude prices wi...


Asian stocks rise, oil languishes near 10-month low on glut fears

/ Friday, 23 June 2017 00:00

Singapore (Reuters): Asian stocks advanced on Thursday, but oil futures hovered near a 10-month low hit overnight on concerns over a supply glut an...


BOJ’s Kuroda need to stick with easing, watch price trend

/ Thursday, 22 June 2017 00:00

  Tokyo (Reuters): Bank of Japan Governor Haruhiko Kuroda said maintaining the current easy monetary conditions is appropriat...


Global growth risks easing, but new ones emerging ECB

/ Thursday, 22 June 2017 00:00

  Reuters: Risks to global growth appeared to have diminished, with markets so far taking policy tightening from the U.S. Fed...


Oil slump spooks investors; China stocks get MSCI nod

/ Thursday, 22 June 2017 00:00

  Sydney (Reuters): A renewed slump in oil prices to seven-month lows put Asian investors on edge on Wednesday, overshadowing...


Taiwan central bank to hold fire on rates as tech boom bolsters economy

/ Wednesday, 21 June 2017 00:00

Taipei (Reuters): Taiwan’s central bank is expected to leave its policy rate unchanged for the fourth straight quarter this week, as demand f...


Asia shares near two-year high as US hi-tech rebound boosts mood

/ Wednesday, 21 June 2017 00:00

TOKYO (Reuters): Japan’s Nikkei rose more than 1% to a near two-year high on Tuesday, encouraged by rebound in US hi-tech shares as investors...


UK’s Hammond says new UK-EU regulatory process needed after Brexit

/ Wednesday, 21 June 2017 00:00

Reuters: A new system is needed for allowing British and European Union banks to do business with each other after Brexit to avoid splitting market...


Asia stocks shake off Wall St. blues, sterling steady pre-Brexit talks

/ Tuesday, 20 June 2017 00:00

  Singapore (Reuters): Asian stocks rose on Monday, shaking off Wall Street’s subdued performance on Friday, and sterli...


Oil prices dip on further rise in US drilling, demand slowdown

/ Tuesday, 20 June 2017 00:00

  Singapore (Reuters): Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped t...


Americans lament Cuba becoming ‘forbidden island’ again

/ Monday, 19 June 2017 00:02

A group of tourists from the US take a guided bicycle tour in Havana, Cuba 17 June – Reuters   Havana (Reuters)...


Trump acknowledges he is under investigation in Russia probe

/ Monday, 19 June 2017 00:01

President Donald Trump Reuters: President Donald Trump acknowledged on Friday he is under investigation in a probe of alleged Russian meddl...


Asia stocks steady after US tech rout, yen slips as BOJ stands pat

/ Saturday, 17 June 2017 00:00

  Reuters: Asian stocks steadied on Friday, taking in stride the resumption of the US technology rout overnight, and European...


Greece gets credit lifeline, IMF joins bailout

/ Saturday, 17 June 2017 00:00

  Reuters: Euro zone governments threw Greece another 11th-hour credit lifeline on Thursday worth $9.5 billion and sketched n...


Pakistan PM hits out at ‘slandering’ of his family over wealth

/ Saturday, 17 June 2017 00:00

Reuters: Pakistan’s Prime Minister Nawaz Sharif on Thursday lashed out at what he called the “slandering” of his family in connec...


Today's Columnists

Saman Kelegama: Even the blood running through his veins is oriented to economics

27 June 2017

The bearded economist who saw shortcomings of Sri Lanka’s liberalisation move My association with Dr. Saman Kelegama, Executive Director of the Institute of Policy Studies or IPS, dates back to the early 1990s when I had the opportunity to...


ICC cricketing lessons for Sri Lankan economy

27 June 2017

     It has been proven over time how sports strategies can be used by many other disciplines. An eagerly anticipated event on the cricketing calendar was the ICC Champions Trophy. An underdog in terms of its rank we...


A conspiracy theory: Tread with extreme caution, Sri Lanka

24 June 2017

  Politics as the science of attaining “power” The first lessons taught to any student of the science of politics almost invariably includes a reference to the 16th century Florentine philosopher Machiavell...


Most Venerable Mahanayake, I don’t know why…

24 June 2017

“I think that hate is a feeling that can only exist where there is no understanding” – Tennessee Williams, Sweet Bird of Youth     A few days ago we had the Ven. Warakagoda Shri Gnanarathana, Mah...


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