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Monday, September 16, 2019
Business

Business

Sri Lanka rupee recovers from seven-month closing low; stocks slip

Sri Lanka’s rupee closed slightly firmer on Friday (30), snapping three straight sessions of losses and recovering from a seven-month closing low hit in...

Sri Lanka rupee ends at seven-month low; foreign fund outflow weighs

Sri Lanka’s rupee fell on Wednesday (28) to its seven-month closing low as foreign fund outflows after the central bank cut key monetary policy...

Amazon opens its largest campus in India’s Hyderabad

AMERICAN multinational e-commerce giant Amazon.com Inc opened its largest campus building in the southern Indian city of Hyderabad on Wednesday (21). The newly inaugurated Hyderabad campus took more than 36 months to be...

Sri Lanka central bank seen standing pat but rate cut not ruled out: Reuters...

Sri Lanka's central bank is expected to leave its key interest rates unchanged on Friday (23), a Reuters poll showed, but a surprise rate...

Sri Lanka shares recover from near two-week closing low; rupee down

Sri Lankan shares recovered on Tuesday (20) from a near two-week closing low in the previous session, led by financials and consumer staples, but...

Sri Lanka shares decline on profit-taking; rupee weaker

Sri Lankan shares snapped their five-session gaining streak on Tuesday (30) as investors booked profits, while the rupee ended weaker due to importer dollar...

Sri Lanka gives free visa to boost tourism after Easter bombings

Sri Lanka announced July 31 it will give one-month free visa on arrival to visitors from nearly 50 countries in its latest effort to...

Sri Lanka shares finish at over five-month high, while rupee flat

Sri Lankan shares rose for a fourth straight session to hit their highest close in over five months on Friday (26), led by a...

Steel magnate Lakshmi Mittal’s brother held in Bosnia

Indian industrialist Pramod Mittal, the younger brother of steel magnate Lakshmi Mittal, was arrested Wednesday (23) in Bosnia for suspected fraud and "abuse of...

Stock market gains to near three-month high as foreign inflows surge; rupee slips

Shares gained for the fifth straight session on Monday (15) to hit a nearly three-month closing high, as foreign fund inflows hit a more...