Fintrex Finance PLC has delivered a landmark performance for the financial year 2024/25, reflecting strong financial fundamentals, strategic agility, and digital innovation. Under the theme “Smart ...
Sri Lanka stocks close up 1.17-pct
ECONOMYNEXT – Sri Lanka’s rupee closed stronger at 299.95/300.10 to the US dollar in the spot market Thursday, against Wednesday’s close of 300.05/15, dealers said, while bond yields closed broadly ...
North Korea set to open its biggest tourist site, though it still largely blocks foreigners
The Wonsan-Kalma beach resort is North Korea's biggest tourist site. KCNA said North Korea will begin service for domestic tourists next Tuesday. It didn't say when North Korea will start receiving ...
Fomca: Financial access at risk
Ahead of the implementation of service tax on financial services on July 1, groups have voiced concerns, saying that this is likely to drive up costs for businesses and the regular people.
Uzbekistan upgraded to BB by Fitch on reform progress
Fitch Ratings has upgraded Uzbekistan’s Long-Term Foreign-Currency Issuer Default Rating to ’BB’ from ’BB-’ with a Stable outlook, the rating agency announced Thursday. The upgrade reflects ...
S. Korea issues record 2.2 tln won in euro-denominated foreign exchange bonds
South Korea has successfully issued 1.4 billion euros (US$1.6 billion) worth of foreign exchange equalization bonds, marking the country's largest euro-denominated offering to date, the Ministry of ...
Questions Linger About Iran’s Enriched Uranium Stockpile After U.S. Airstrikes
The location of some enriched uranium is still in question after the U.S. bombed three key nuclear facilities in Iran, according to the head of the International Atomic Energy Agency and experts on ...
Sagarmala Finance turns into India’s first maritime NBFC after registering with RBI
Sarbananda Sonowal called the Sagarmala Finance's move to turn into an NBFC as a 'major milestone' in India’s maritime journey. Centre has been talking about strengthening the maritime sector as a key ...
Nike plans to reduce China production to soften US tariff blow, shares jump
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares ...
Lindsey Graham: Trump reversed the damage done by Afghanistan withdrawal under Biden
S.C., discusses the impact of the ceasefire between Iran and Israel and the United States' involvement in the 12-day conflict on 'Hannity.' ...