Turks vote for president, parliament in crucial test for Erdogan

Views - 4 Monday, 25 June 2018 00:00

ISTANBUL (Reuters): Turks began voting on Sunday for a new president and parliament in elections that pose the biggest ballot box challenge to Tayyip Erdogan and his Islamist-rooted AK Party since they swept to power more than a decade and a half ago

Saudi women gear up for new freedom as driving ban ends

Views - 4 Monday, 25 June 2018 00:00

RIYADH (Reuters): Women in Saudi Arabia took to the roads at midnight on Sunday, ushering in the end of the world’s last ban on female drivers, long seen as an emblem of women’s repression in the deeply conservative Muslim kingdom.

Divided EU leaders convene for emergency talks on migration

Views - 4 Monday, 25 June 2018 00:00

BRUSSELS (Reuters): European Union leaders gather in Brussels on Sunday in an attempt to bridge their deep divisions over migration, an issue that has been splitting them for years and now poses a fresh threat to German Chancellor Angela Merkel.

Trump defends policies on border, North Korea in visit to Las Vegas

Views - 3 Monday, 25 June 2018 00:00

LAS VEGAS (Reuters): President Donald Trump defended his tough stance on immigrants crossing the US border with Mexico on Saturday, praising his administration for a job well done and saying his approach will make the United States stronger.

US military may house immigrant children as Trump policy beset by confusion

Views - 5 Saturday, 23 June 2018 00:38

WASHINGTON (Reuters): The US military has been asked to get ready to house up to 20,000 immigrant children, officials said on Thursday, as President Donald Trump’s efforts to roll back a widely condemned policy of separating children from their par

Asian shares hit six-month lows as tariffs take economic toll

Views - 7 Saturday, 23 June 2018 00:00

TOKYO (Reuters): Asian shares stumbled to their lowest in six months on Friday, hurt by signs US trade battles with China and many other countries are starting to chip away at corporate profits, while oil prices were choppy bef

Chinese media says US has ‘delusions’ as impact of trade war spreads

Views - 5 Saturday, 23 June 2018 00:00

SHANGHAI/BEIJING (Reuters): US protectionism is self-defeating and a “symptom of paranoid delusions” that must not distract China from its path to modernisation, Chinese state media said on Friday as Beijing kept up with its war of words with Was

North and South Korea discuss reunion meetings for divided families

Views - 8 Saturday, 23 June 2018 00:00

SEOUL (Reuters): Delegations from North and South Korea met on Friday for talks to arrange the first reunions in about three years for families separated by the Korean War, with the Red Cross paving the way.

Indonesia hands death sentence to Islamic State-linked cleric for militant attacks

Views - 3 Saturday, 23 June 2018 00:00

JAKARTA (Reuters): An Indonesian court on Friday sentenced to death a cleric linked to Islamic State, for masterminding from his jail cell a string of deadly militant attacks across the world’s largest Muslim-majority country.

Global shares edge up, China pulls Asia down, oil subdued pre OPEC

Views - 3 Friday, 22 June 2018 00:00

SYDNEY (Reuters): Shares crept higher in most major markets on Thursday as a lull in the Sino-US trade tussle and talk

Washington’s ‘capricious’ trade actions will hurt US workers, China warns

Views - 5 Friday, 22 June 2018 00:00

BEIJING (Reuters): China’s commerce ministry on Thursday accused the United States of being “capricious” over bilateral

Trump backs down on separating immigrant children, legal problems remain

Views - 6 Friday, 22 June 2018 00:00

WASHINGTON (Reuters): US President Donald Trump on Wednesday backed down and abandoned his policy of separating

OPEC strives for new deal as Iran still wary of output hike

Views - 4 Friday, 22 June 2018 00:00

Vienna (Reuters): OPEC’s leader Saudi Arabia and Russia were trying on Thursday to convince fellow oil producers

Coal in the crossfire; Chinese traders wary of being burnt by trade war

Views - 4 Friday, 22 June 2018 00:00

BEIJING (Reuters): At least three US coal shipments on their way to China may end up casualties of the escalating

Trump says would back both House immigration bills as separation crisis grows

Views - 4 Thursday, 21 June 2018 00:00

WASHINGTON (Reuters): US President Donald Trump told Republican lawmakers on Tuesday he would back either of the immigration bills making their way through the House of Representatives, as the outcry grew over his administration’s separation of imm

World shares snap 5-day losing streak on China policy easing

Views - 6 Thursday, 21 June 2018 00:00

LONDON (Reuters): World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as expectations grew that policy stimulus by Beijing could temper some of the impact from an escalating Sino-US trade confl

Asia stocks skid to four-month low as Trump raises stakes in China trade war

Views - 10 Wednesday, 20 June 2018 00:00

TOKYO (Reuters): Asian stocks sank on Tuesday and Shanghai shares plunged to near two-year lows as US President Donald

North Korea’s Kim visits Beijing; South Korea, US halt military drill

Views - 8 Wednesday, 20 June 2018 00:00

Beijing/Seoul (Reuters): North Korean leader Kim Jong Un arrived in Beijing on Tuesday, where he will likely brief Chinese

Trump ratchets up China trade conflict with fresh tariff threat

Views - 9 Wednesday, 20 June 2018 00:00

Washington/Beijing (Reuters): US President Donald Trump threatened to impose a 10% tariff on $200 billion of Chinese goods

White House defends immigration policy as outrage grows over children

Views - 9 Wednesday, 20 June 2018 00:00

WASHINGTON (Reuters): The Trump administration defended its hardline immigration policy at the US-Mexico border

Saudi Arabia’s women drivers get ready to steer their lives

Views - 7 Wednesday, 20 June 2018 00:00

DHAHRAN, Saudi Arabia (Reuters): On 24 June, when Saudi women are allowed to drive for the first time, Amira Abdulgader

Democrats, activists rally against Trump’s family separation policy

Views - 5 Tuesday, 19 June 2018 00:00

Elizabeth, N.J. (Reuters): Democratic lawmakers joined protesters outside immigration detention facilities in New Jersey and Texas on Sunday for Father’s Day demonstrations against the Trump administration’s practice of separating children from t

Asian shares, oil fall as US-China trade spat escalates

Views - 9 Tuesday, 19 June 2018 00:00

Tokyo/Sydney (Reuters): Asian shares fell to a 2-12 week low on Monday after US President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. Fears of a global trade

UK PM May says need to ensure parliament does not overturn Brexit

Views - 5 Monday, 18 June 2018 00:00

LONDON (Reuters): British Prime Minister Theresa May said on Sunday it was important to ensure that parliament could not block Brexit, defending her approach to passing the legislation that will end Britain’s membership of the European Union.

US warns Americans of terrorism threat at World Cup in Russia

Views - 9 Monday, 18 June 2018 00:00

WASHINGTON (Reuters): The US State Department warned Americans on Friday that terrorists may target World Cup venues in Russia, which is hosting the month-long soccer tournament, but it did not point to any specific threat.

Boat migrants rocked by EU political storm arrive in Spain

Views - 7 Monday, 18 June 2018 00:00

VALENCIA, Spain (Reuters): Hundreds of migrants pulled from the Mediterranean by a rescue ship arrived at the Spanish port of Valencia on Sunday, ending a grueling nine-day voyage but leaving wide open a fierce debate in Europe over how to handle imm

Taxi ploughs into Moscow crowd including soccer fans, injuring seven

Views - 9 Monday, 18 June 2018 00:00

MOSCOW (Reuters): A taxi drove into a crowd of pedestrians near Moscow’s Red Square on Saturday, injuring seven people including two Mexicans in the city for the soccer World Cup which Russia is hosting, officials and eyewitnesses said.

Greece, Macedonia sign pact to change ex-Yugoslav republic’s name

Views - 8 Monday, 18 June 2018 00:00

PRESPES, Greece (Reuters): Greece and Macedonia defied protests and set aside decades of dispute on Sunday as they agreed on a new name for the Balkan state, potentially paving the way for Skopje’s admission to the EU and NATO.

Trump sets tariffs on $ 50 b in Chinese goods; Beijing strikes back

Views - 5 Monday, 18 June 2018 00:00

Washington/Beijing (Reuters): US President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Bei

Asian shares slip on Fed hike, trade fears and soft China data

Views - 7 Friday, 15 June 2018 00:34

TOKYO (Reuters): Asian shares eased on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening, while concerns about US-China trade frictions kept investors on edge.

Today's Columnists

Crisis-ridden Sri Lanka economy: Time for economics to prevail on politics

Monday, 25 June 2018

Sri Lanka’s official statistics bureau, Department of Census and Statistics or DCS, has released the country’s 2018 first quarter provisional economic growth data in its website (available at:

In defence of State banks – The Basel III phobia is the sword of Damocles over their heads!

Monday, 25 June 2018

Time and again over the last year, and more recently in fact, the sceptre of Basel III has raised its head in the print and electronic media.

Great ‘Gamperaliya’: A great novel made into a great film by a great director

Saturday, 23 June 2018

‘Gamperaliya’ (Changes in the Village/Changement au Village) was the third feature film made by ace director Lester James Peries. It was released on 20 December 1963.The film was based on the famous novel of the same name written by the doyen of

Thushani takes Todos to new heights

Saturday, 23 June 2018

Thushani Rodrigo has always amazed me. From the very first day I met her, I have been in awe of her strength, courage and grace and constantly impressed by her creativity. The discipline and commitment she brings to her work, her farsightedness and h

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