Taiwan's exports surged to a record in May on booming demand for artificial intelligence and as customers placed orders ahead of U.S. tariffs which could take effect next month after a suspension ...
AI demand and pre-tariff rush lift Taiwan’s exports in May
Taiwan’s exports climbed to a record in May due to increased demand for artificial intelligence. The surge is also linked to a jump in customer orders placed ahead of U.S. tariffs, which could take ...
Finance Ministry unveils record Nu 138bn budget for FY 2025–2026, prioritising health and education
The government today announced an over Nu 138bn national budget for the 2025–2026 financial year, prioritising health and education. Unveiled by the ...
HNB FINANCE hosts Vesak Sirisara
Sri Lanka’s leading integrated financial services provider, HNB FINANCE PLC celebrated the Vesak season last week with a series of religious and cultural activities under the theme “HNB FINANCE Vesak ...
Dr. Gita Gopinath of IMF Set to Visit Sri Lanka Today
Dr. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), is set to arrive in Sri Lanka today ...
How commodity financing is becoming the backbone of India’s rural credit boom?
Commodity financing revolutionizes Indian agriculture, empowering farmers with strategic selling and market control for sustainable growth.
Corporate bond defaults disappear from China’s onshore market
There has been only one first-time default in China’s $4tn onshore corporate bond market so far this year, according to data from S&P Ratings. That compares with 16 in 2024 as a whole, and multiple ...
US to partially evacuate embassy in Iraq as Iran tensions rise
The price of oil initially increased more than 4% when news of the US evacuation broke, in anticipation of regional insecurity potentially leading to supply problems. Around 2,500 US troops are based ...
South Korea’s Lee plans to hold bilateral talks at G7 summit, his office says
South Korean President Lee Jae-myung plans to hold bilateral talks with the leaders of countries attending the G7 summit, with details still being coordinated, his office said on Sunday.
South Korea’s radical drone carrier concept enters race for maritime power projection
HCX-23 Plus could position country as potential 'first mover' for unmanned, drone-optimised navy assets, expert says South Korea's recent unveiling of a model of a radical new type of naval drone ...