Trump earned over $1b from crypto ventures in 2025
AFP, New York
-399 SEC(s) ago Global Economy
Oil falls over 1%
REUTERS, London
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Record $35.5 billion remittance came in FY26
Star Business Report
6 hour(s) ago Business
World Bank to phase out lending to China by 2031
AFP, Washington
11 hour(s) ago Business
Why is the yen so weak and what can Japan do about it?
AFP, Tokyo
1 July 2026, 00:00 AM Global Economy
Sri Lanka reduces fuel prices after Middle East ceasefire
AFP, Colombo
1 July 2026, 00:00 AM Global Economy
World Bank drops climate finance targets in new plan
AFP, Washington
1 July 2026, 00:00 AM Global Economy
Sri Lanka reduces fuel prices after Middle East ceasefire
AFP, Colombo
30 June 2026, 11:51 AM Business
South Korea to invest $1.2tn in chips, AI data centres
AFP, Seoul
30 June 2026, 00:00 AM Global Economy

Tech slump forces IPO hopefuls to consider Plan B

The window for technology companies to list their shares is closing. Falling stocks have depressed valuations and made investors pickier about new listings. Private firms will have to reluctantly consider Plan B.
5 February 2022, 18:00 PM

Oil prices extend gains as markets weigh strong US jobs data

Stocks were mixed Friday as markets weighed a surprisingly good US jobs report against concerns over tighteningmonetary policy, while oil prices pushed closer to $100 a barrel.
5 February 2022, 18:00 PM

Bank of England calls for wage restraint to fight inflation

Two top Bank of England officials stressed on Friday the need for restraint on pay rises, drawing an icy reaction from unions and government, a day after the BoE sought to head off inflation running at a 30-year high by raising interest rates again.
5 February 2022, 18:00 PM

IMF says it is ready to help Sri Lanka

The International Monetary Fund is ready to discuss “options” with Sri Lanka if the government asks for financial support, its mission chief for the island told AFP on Thursday.
5 February 2022, 18:00 PM

US labour market shrugs off Omicron

The US economy created far more jobs than expected in January but despite the disruption to consumer-facing businesses from a surge in Covid-19 cases, pointing to underlying strength that should sustain the expansion as the Federal Reserve starts to raise interest rates.
5 February 2022, 18:00 PM

UK regulator hands Meta new fine

Britain on Friday ordered Facebook parent Meta to pay another £1.5 million for breaching regulatory rules over its acquisition of animated graphics startup Giphy.
5 February 2022, 18:00 PM

Bitcoin mimics stocks rally, hits 2-week high

Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets.
5 February 2022, 18:00 PM

Putin hails $117.5b of China deals as Russia squares off with West

Russian President Vladimir Putin unveiled new Russian oil and gas deals with China worth an estimated $117.5 billion on Friday, promising to ramp up Russia's Far East exports at a time of heightened tension with European customers over Ukraine.
5 February 2022, 12:16 PM

IMF warns of economic impact of Ukraine crisis

IMF Managing Director Kristalina Georgieva on Wednesday called for a peaceful resolution to the standoff between Russia and Ukraine, noting it is already contributing to a spike in energy prices and hurting global growth.
3 February 2022, 18:00 PM

Turkey’s inflation hits 2-decade high

Turkey’s inflation hit a two-decade high near a whopping 50 per cent in January, official data showed Thursday, as a currency crisis decimated people’s purchasing power and complicated President Recep Tayyip Erdogan’s path to re-election.
3 February 2022, 18:00 PM

Sri Lanka seeks IMF advice amid worsening crisis

Sri Lanka has asked for  “advice” from the International Monetary Fund amid a worsening economic crisis, the finance minister said Wednesday, signalling Colombo could seek an international bailout.
3 February 2022, 18:00 PM

Meta’s profit slips as Facebook loses users

Facebook’s parent firm Meta on Wednesday delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its ad business that plunged shares some 22 per cent in after-hours trading.
3 February 2022, 18:00 PM

Private hiring slumps in US

US private companies shed jobs last month for the first time since December 2020 as the Omicron coronavirus variant again complicated business -- a potential harbinger of bad news for the upcoming government employment report.
3 February 2022, 18:00 PM

Opec+ sticking to policy despite oil price rally

Opec+ will likely stick to existing policies of moderate output increases on Wednesday, five sources from the producers’ group said even as it expects demand to rise to new peaks this year and as oil prices trade near their highest since 2014.
2 February 2022, 18:00 PM

India to launch ‘digital rupee’, tax crypto

India will introduce a state-backed  “digital rupee” and impose a 30 per cent tax on profits from virtual currencies, the government announced Tuesday while unveiling the next financial year’s budget.
2 February 2022, 18:00 PM

Euro zone inflation hits record high

Euro zone inflation rose to a new record high last month, defying expectations for a big drop and adding to already copious doubts that price pressures are as benign and temporary as the European Central Bank still expects.
2 February 2022, 18:00 PM

Hybrid car sales catch up to diesel in Europe

Hybrid car sales reached a milestone in Europe last year as they grabbed the same market share as diesel vehicles, while electric models gained more ground, industry data showed on Wednesday.
2 February 2022, 18:00 PM

Volvo Cars’ sales tumble on chip shortage

Volvo Car Group’s sales fell 20.2 per cent in January under pressure from the global component shortage, though demand for its products remained strong, the automaker said on Wednesday.
2 February 2022, 18:00 PM

Saudi Arabia to invest $6.4b in future tech

Saudi Arabia has launched investments worth $6.4 billion in future technologies, the Saudi minister of communication and information technology said on Tuesday, as the kingdom races to diversify its economy from oil in the face of fierce regional competition.
2 February 2022, 18:00 PM

Consumption of palm oil on the rise

The consumption of palm oil in Bangladesh increased by 7 per cent in the last eight years to reach 13.5 lakh tonnes in 2021, according to findings revealed at a webinar.
2 February 2022, 18:00 PM