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Category: FINANCE

Posted on July 31, 2026

Sri Lanka’s top 100 brands surpass pre-crisis peak, reaching record Rs. 652 b

Sri Lanka’s leading brands have reached a significant milestone, with the combined brand value of the nation’s top 100 brands rising 17% to a record Rs. 652 billion, surpassing the pre-crisis 2019 …
Posted on July 31, 2026

True IDC seeks $2B loan as Thailand’s AI data center boom accelerates

True Internet Data Center, Thailand’s largest data-center and cloud operator, is seeking a $2 billion loan to fund its expansion. The move is about more than one company’s growth. It signals that …
Posted on July 31, 2026

South Korea conducts rare forex intervention alongside Japan, source says

By Yena Park and Jihoon Lee SEOUL, July 31 (Reuters) – South Korea’s foreign exchange authorities conducted a rare dollar-selling intervention on Thursday, sending the won to a nine-month high, a …
Posted on July 31, 2026

Kuwait ups borrowing and puts brakes on public spending

Kuwait has increased borrowing and ordered ministries to rein in spending, as the closure of the Strait of Hormuz cuts off oil export revenue and deepens pressure on the Gulf state’s finances. Over …
Posted on July 31, 2026

Kuwait banks extend more credit despite slump in import finance

KUWAIT: Kuwait’s banks continued to expand lending during the first half of 2026 despite a sharp slowdown in import financing, as temporary central bank measures helped cushion the sector from …
Posted on July 31, 2026

Mawarid Finance and KamelPay launch AbsoluteCard

Dubai, UAE — Mawarid Finance has partnered with KamelPay to launch AbsoluteCard, a new corporate payment solution designed to help businesses manage spending more efficiently through enhanced control, …
Posted on July 31, 2026

A $200 loan in Cambodia changed this finance leader’s thinking. Now she’s trying to change capitalism

An encounter with a family struggling for safe water helped Alix Lebec rethink how money moves. Now she’s using innovative finance to tackle climate and economic challenges.
Posted on July 31, 2026

Digital Silk Road: Chinese and Kazakhstan-based tech companies ink multibillion-dollar agreements

Closer ties between Astana and Beijing are transforming Kazakhstan from an East-West transit corridor into a regional platform for the deployment of Chinese technologies. Nasdaq-listed Freedom Holding …
Posted on July 31, 2026

KPMG Sri Lanka wins ACCA FINHACK Employer Edition 2026

Sri Lanka’s leading finance professionals showcased their innovation and problem-solving skills at ACCA FINHACK Employer Edition 2026, where the key employers of the ACCA competed to solve real-world …
Posted on July 31, 2026

South Korea’s Stock Market Crash Is Now Officially Worse Than 1997 and 2008

South Korea’s stock market crash is now its worst ever. The KOSPI lost over 33% in July, with support at 5,100 in focus.

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