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Tuesday October 20th, 2026
World

Oil crisis hits world growth outlook as forecasts revised down: Fitch Ratings

Fitch lowering its 2026 forecast for global growth by 0.2pp to 2.4%.

June 6, 2026 3 min read

Inflation, higher rates raise pressure on APAC covered bond borrowers: Fitch

Borrowers are likely to face increased debt-servicing pressure from higher financing and living costs,

June 3, 2026 2 min read

Sri Lanka's RCSS and Maldives university discuss South Asian research collaboration

Maldives National University (MNU) team met the Regional Centre for Strategic Studies

May 25, 2026 1 min read

ADB launches $70bn push to connect Asia’s power grids, digital networks

ADB will work with governments, utilities, the private sector, and development partners to mobilize $50 billion by 2035

May 7, 2026 3 min read
Sri Lanka's Lotus Tower to light up for America’s 250th birthday

“Look to the Lotus Tower tonight as it shines in red, white & blue to celebrate America’s 250th birthday

ADB taps business leaders to take on Asia and the Pacific’s challenges

Influential business leaders to put private sector muscle behind solutions to Asia and the Pacific’s pressing problems

Iran conflict’s scope and duration will determine sovereign rating impact: Fitch

Material damage to GCC energy export infrastructure would be the most likely channel to pressure sovereign ratings

March 4, 2026 3 min read

Long-term US trade regime in flux after Supreme Court ruling: Fitch

February 24, 2026 3 min read

Bangladesh’s vote supports macro stability, but reform delivery is key: Fitch

February 23, 2026 3 min read

Sri Lanka seeks closer regional ties with inaugural BIMSTEC expert meet

Initiative aims to provide a platform for member states to share technical expertise

February 18, 2026 1 min read

Sarvesh Suri new International Finance Corporation VP - Asia and the Pacific

Two division directors also added to support region

January 19, 2026 2 min read

Iranian envoy to Sri Lanka: If U.S. attacks, Iran has capability to face it

Envoy warns to attack US bases in neighbouring nations if US strikes

January 16, 2026 3 min read

US action in Venezuela underscores its Western hemisphere ambitions: Fitch Ratings

Outcomes of the US’s removal of Venezuelan leader Maduro are highly uncertain, but could have geopolitical implication...

January 7, 2026 4 min read

Asia-Pacific sovereigns outlook ‘Neutral’ for 2026, reflecting resilience: Fitch

Geopolitical risk is likely to remain heightened in 2026, while domestic political pressures could also flare up again,

December 23, 2025 2 min read

Emerging market issuers to face greater macro challenges in 2026: Fitch Ratings

Prospects for further monetary loosening in several major emerging markets will support debt issuance and refinancing,

October 24, 2025 2 min read

Indian banks to strengthen resilience under central bank reforms: Fitch Ratings

Recent package of 21 reforms will be broadly positive for the country’s financial sector

October 13, 2025 3 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 330.8514 330.9617
UK Pound 438.3450 438.2595
Euro 371.0168 371.5045
Yen 2.0916 2.0943
Aus Dollar 231.1659 230.8789
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4202 3.4195
Korean Won 0.2479 0.2467
Oman Rial 859.3320 859.6185
Saudi Riyal 88.0955 88.1577
UAE Dirham 90.0766 90.1066
Source: Central Bank/Indicative
pts %
S&P SL20 5,783.03 -0.10%
CSE All Share 20,260.06 -0.28%
Turnover Rs 1193.67 million 1050.46 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

US govt shutdown highlights policymaking, governance challenges: Fitch

This week’s shutdown reflects disagreement on fiscal policy measures, notably previously enacted cuts to Medicaid

October 3, 2025 3 min read

Gaza clinics overflowing with starving kids, mothers as Israel blocks food: MSF

Malnutrition in Gaza is the result of deliberate, calculated choices by the Israeli authorities

August 4, 2025 2 min read

S&P affirms Bangladesh credit rating at B+

Bangladesh continues to implement reforms in line with a 42-month Extended Credit Facility, EFF

July 25, 2025 11 min read

S&P upgrades Pakistan credit rating to B- from CCC+

Downward pressure would emerge if financial support from key bilateral and multilateral partners quickly erodes,

July 25, 2025 10 min read

Trump brokers ceasefire between India and Pakistan

Indian and Pakistan Foreign Ministers confirmed the deal

May 10, 2025 3 min read

US cardinal Robert Prevost becomes new Pope Leo XIV

"We must be a church that builds bridges, dialogue," he said, before reciting a Hail Mary for world peace

May 8, 2025 1 min read

Afghanistan at the crossroads: Is it ready to move away from its security blackhole?

Since taking power in August 2021, the Taliban government has not been a welcome guest at most forums.

Kshama Ranawana
April 21, 2025 5 min read

Pope Francis dies at 88, a day after Easter

Pope Francis died on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican's Casa Santa Marta,

April 21, 2025 2 min read

The challenge of establishing a politically self-reliant Tibet

Whatever happens in Tibet, impacts neighbouring countries

Kshama Ranawana
April 9, 2025 4 min read

Sri Lanka could seek stricter border controls, Australian help to deter refugee inflow: IPS

Rohingya fleeing Myanmar arriving in Sri Lanka, while Sri Lankan migrants trafficked to online crime camps in Myanmar

January 22, 2025 6 min read