An Echelon Media Company
Wednesday September 27th, 2023

Pope leads Good Friday procession highlighting modern-day slaves' plight

Pope Francis on Friday led the traditional Easter week "Way of the Cross" procession in Rome, which was this year took t...

April 20, 2019 2 min read

Indian extradited to US from Singapore in call center fraud

Singapore has extradited an Indian national to the United States to face charges in a call center fraud that scammed mil...

April 20, 2019 2 min read

Malaysia revives massive China-backed project

Malaysia will revive a $34 billion Chinese-backed transport and property development that was abandoned in 2017, the pri...

April 19, 2019 2 min read

Toyota, SoftBank Vision Fund in $1bn Uber investment

Japanese car giant Toyota and investment fund Softbank Vision Fund on Friday unveiled an investment of $1 billion in US ...

April 19, 2019 2 min read
Trump pulls back from war with Iran

President Donald Trump pulled back from the brink of war with Iran on Wednesday, saying that Tehran appeared to be "stan...

Oil spikes after Iran attacks US forces

The price of oil spiked Wednesday after Iran launched revenge attacks on US forces in Iraq, making good on its pledge to...

Trump pushes for new 'space force'

March 14, 2018 2 min read

Healthcare in US costs 2x as much as other rich nations

Miami, United States | AFP - The United States spends almost twice as much on healthcare as other rich nations, largely ...

March 14, 2018 3 min read

Tokyo stocks open lower after Tillerson firing

Tokyo, Japan | AFP | Wednesday - Tokyo stocks opened lower Wednesday, with investor sentiment cautious after US Presiden...

March 14, 2018 2 min read

Tokyo stocks open lower as yen ticks up

Tokyo, Japan | AFP | Tuesday - Tokyo stocks opened lower Tuesday after three days of gains, weighed down by a firm yen a...

March 13, 2018 2 min read

Japan's cronyism scandal: could it hurt Abe?

Tokyo, Japan | AFP - Japan's finance minister admitted Monday that his department made 14 changes to documents related t...

March 12, 2018 4 min read

German automakers biggest spenders on electric cars: study

Frankfurt am Main, Germany | AFP - Germany's massive car industry is the biggest investor worldwide in electric vehicles...

March 12, 2018 2 min read

Trump sharpens trade row, threatening to tax German cars

US President Donald Trump has singled out Europe in a billowing trade row, threatening to tax German cars if the Europea...

March 12, 2018 4 min read

Japan says US tariffs 'regrettable', warns of 'grave impact'

Tokyo, Japan | AFP | Friday - Japan hit out Friday at US President Donald Trump's decision to impose steep trade tariffs...

March 9, 2018 1 min read

Tokyo stocks open higher as trade war worries recede

Tokyo, Japan | AFP | Friday - Tokyo stocks opened higher on Friday, extending gains on Wall Street following signs from ...

March 9, 2018 2 min read

Japan economy steams ahead in fourth quarter

Tokyo, Japan | AFP | Thursday - Japan's economy is growing at a faster clip than initially estimated, the government sai...

March 8, 2018 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

11 Pacific trade pact countries go it alone without US

Santiago, Chile | AFP - A year after an abrupt US withdrawal left a fledgling 12-nation Pacific trade pact for dead, the...

March 7, 2018 3 min read

Tokyo stocks open higher after Wall St rebound

Tokyo stocks opened sharply higher on Tuesday after four days of losses, boosted by a rebound on Wall Street and the yen...

March 6, 2018 2 min read

Germany warns protectionism is 'wrong path' for US

Frankfurt am Main, GERMANY | AFP | Monday - The German government warned Monday that a transatlantic trade war would har...

March 5, 2018 2 min read

Girding for new battles in the war against Big Tobacco

Paris, France | AFP | Monday - Some 3,000 anti-tobacco experts and policy makers convening this week in Cape Town, South...

March 5, 2018 4 min read

Asian markets sink again as Trump fans trade war fears

Tokyo stocks opened lower on Monday with steelmakers and other exporters falling amid lingering worries of a trade war.

March 5, 2018 3 min read

China says to 'take necessary measures' if US harms trade

China will "take necessary measures" if the United States harms the country's economic interests, a Chinese official sai...

March 4, 2018 2 min read

US stocks tumble as Trump vows tariffs on steel and aluminum

US stocks tumbled Thursday after President Donald Trump said he will enact steep tariffs on steel and aluminum imports, ...

March 2, 2018 3 min read

Pakistan aims to revive glory of ancient Mughal city Lahore

Perched on scaffolding, restoration experts chip away at decades of grime and repair broken mosaic tiles in a bid to sav...

March 1, 2018 4 min read

Venezuela's currency collapse hits zoos; animals feed on each other

The situation in economically depressed Venezuela is so dire, workers at one zoo are slaughtering animals to feed others...

March 1, 2018 3 min read

Fed Chair: US outlook stronger since December

The US economic outlook is strong and has grown more robust since December, when Congress approved massive tax cuts, Fed...

February 28, 2018 4 min read