Sri Lanka shares up on thin volumes, plantations rally
Nov 05, 2008 (LBO) - Sri Lankan shares continued their rise, Wednesday, on thin trading volumes with plantations stocks rallying on retail investor interest, …
Sri Lanka tea auction demand recovers: brokers
Nov 05, 2009 (LBO) - The Sri Lankan tea auctions in Colombo stabilized this week with demand picking up and much less unsold teas although prices of some …
Health Growth
Nov 05, 2008 (LBO) – Sri Lanka™s Nawaloka Hospital's new eight floor complex developed at a cost of 1.5 billion rupees would increase the hospital's …
Kenya erupts in joy as favourite son Obama takes White House
KOGELO, November 5, 2008 (AFP) - Hundreds of villagers in Kogelo, Barack Obama's Kenyan family homestead, erupted into song and dance at the news that the …
Freeze on govt department spending in China for 2009: state media
BEIJING, November 5, 2008 (AFP) - Governmental department spending in China in 2009 will be frozen at this year's level, ending an annual five-percent increase …
Obama, McCain await judgment of history
WASHINGTON, November 5, 2008 (AFP) - Front-runner Barack Obama faced a tense wait Tuesday to see if millions of American voters would enshrine him as the first …
History as Obama elected America’s first black president
WASHINGTON, November 5, 2008 (AFP) - Americans elected Democrat Barack Obama as their first black president Tuesday, in a transformational election which will …
Obama reaches out to world, promising ‘new dawn’
CHICAGO, November 5, 2008 (AFP) - US President-elect Barack Obama said Tuesday that a new dawn of American leadership was at hand and stressed the shared …
US presidential election results (Update II)
WASHINGTON, November 5, 2008 (AFP) - Here is a tally of preliminary results in the US presidential election, based on projections by US networks. online …
Sri Lanka grey market dollar rate up; CB bill stock Rs89.5bn
Nov 04, 2008 (LBO) - Sri Lanka's grey market rate for US dollars has spiked sharply as the central bank continued to intervene in forex markets and print money …
Sri Lanka shares maintain upward swing, trading thin
Nov 04, 2008 (LBO) - Sri Lankan shares maintained their upward momentum, Tuesday, but the low volume of trading raised doubts whether the upswing would last as …
Merchant Look
Nov 04, 2008 (LBO) – The Merchant Bank of Sri Lanka (MBSL) group net profit for the September quarter fell by 26.5 percent to 42.8 million rupees from a …
Bailout Firm
LONDON, November 3, 2008 (AFP) - Finance minister Alistair Darling announced the creation of a new arms-length body Monday that would manage the British …
Pay Up
Nov 04, 2008 (LBO) - Sri Lanka's central bank said it has ordered four unlicensed finance companies that failed to register with the regulator to repay …
Secret Budget
Nov 04, 2008 (LBO) – Sri Lanka's Supreme Court has struck down a hidden budgetary fund that gave the island's top treasury official power to circumvent …
Sri Lanka HNB Assurance Sept quarter earnings boosted by tax rebate
Nov 04, 2008 (LBO) – Sri Lanka’s HNB Assurance said net profit for the September quarter rose 90 percent to 23.6 million rupees helped by a 9.7 …
Americans crowd polling stations in historic election
WASHINGTON, November 4, 2008 (AFP) - Americans crowded polling stations Tuesday to vote in their historic election, with front-running Democrat Barack Obama …
Mega doubts as Dubai mall to open amid global crisis
DUBAI, November 4, 2008 (AFP) - The vast Dubai Mall shopping centre is finally set to open for business on Tuesday but the success of the 20-billion-dollar …
Eurozone ministers drop plans to balance budgets by 2010: Juncker
BRUSSELS, November 3, 2008 (AFP) - Finance ministers from the 15 nations sharing the euro have dropped a 2010 deadline for balancing their budgets, in the face …
US Treasury wants to borrow record 550 bln dlrs
WASHINGTON, November 3, 2008 (AFP) - The US Treasury said Monday it would seek to borrow a record 550 billion dollars in the October-December period to help …