UNP MP Dr. Harsha De Silva yesterday warned that a clear trend of the fallout from the gambling of public money had emerged with the latest ruling from a London Court hot on the heels of losses suffered from equity market and European junk bond deals. “The London Court ruling is a further confirmation of ...
Reuters: Asian shares fell steeply on Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.6 percent, after snapping a ...
- Euro zone fears rattle global markets (Category: Business)
- Shares, euro dip on Europe; French bond auction eyed (Category: Business)
- Asian shares, commodities fall (Category: Business)
- Asian shares fall on fears over Europe fund tightness (Category: Business)
The IMF’s recently released Asia and Pacific Regional Economic Outlook (REO) shows the region continuing to lead global growth and expected to gain momentum over the course of 2012. This forecast, however, remains subject to downside risks related to the global economy, including the possibilities of a sharp fall in exports to advanced economies and ...
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Sri Lanka’s GDP growth set to outpace peer economies: Asia Wealth (Category: Business)
- Eurozone crisis dampening developing Asia’s growth prospects, warns ADB (Category: Business)
Reuters: China’s economy grew at its weakest pace in 2-1/2 years in the latest quarter and it appeared headed for an even sharper slowdown in the coming months as export demand fades and the housing market falters. The fourth-quarter year-on-year growth of 8.9 percent, although slightly stronger than the 8.7 percent that economists polled by ...
- China economy faces risk of hard landing – Govt. economist (Category: Business)
- No new China stimulus, says former Deputy Central Banker (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asian shares flat as weak China data fuels growth worry (Category: Business)
BEIJING (Reuters): China’s annual inflation rate tumbled in November to 4.2 percent, the lowest level in more than a year, fuelling expectations of further monetary policy easing to combat deteriorating domestic and international economic conditions. The rate has dropped rapidly since hitting a three-year high of 6.5 percent in July and is now at a ...
- China acts to crank up credit as lending, economy slow (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asia’s double-edged currency sword (Category: Business)
- China factory sector shrinks most in 32 months (Category: Business)
Cabraal says that reserves were built to weather demanding situation, calls on the non-banking sector to seek funds from capital markets and wants it to target 70% of GDP by 2016 By Uditha Jayasinghe Central Bank Governor Ajith Nivard Cabraal yesterday defended declining reserves, insisting that they were built up to be used in times ...
- Govt. keen to support private sector: Cabraal (Category: Business)
- Sri Lanka stocks may slump more on rates – HSBC Private (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Govt. goes for fresh $ 1 b Sovereign Bond issue (Category: Business)
MP charges that Government is focusing only on physical infrastructure and adopting a top-down development approach instead of a more inclusive and participatory humane political futureUnited National Party Parliamentarian Eran Wickramaratne asserts that the Government is depleting the resources of the municipality on an election extravaganza. In a candid interview with the Daily FT, the ...
- Hashim on UNP leadership crisis, pressing national issues (Category: Business)
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- “UPFA will win the election” (Category: Business)
- Muza upbeat on Colombo (Category: Business)
(Reuters) – Argentina’s government plans to use foreign currency reserves again next year to pay off a portion of its debt, Pagina 12 newspaper reported on Friday, citing Deputy Economy Minister Roberto Feletti. The government submitted its 2012 budget bill to Congress late on Thursday but journalists had no access to the text. The bill was expected ...
- Devaluation divide (Category: Business)
- Conquest of bread and the sin of borrowing (Category: Business)
- Moody’s say IMF funds to Sri Lanka is ‘credit positive’ (Category: Business)
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