Sri Lanka says 60 killed in heavy weekend battles
March 9, 2008 (AFP) - At least 56 Tamil Tiger rebels and four government troops have been killed in heavy fighting across Sri Lanka's embattled north over the …
Sri Lanka’s tense east to vote under shadow of the gun
BATTICALOA, Sri Lanka, March 9, 2008 (AFP) - Sri Lanka's restive east will hold local elections on Monday against a backdrop of fear, even though Tamil Tiger …
Sri Lanka media rights body concerned over journalist arrests
Mar 09, 2008 (LBO) – Sri Lanka's Free Media Movement (FMM) expressed concern over the arrest of several journalists connected to a news website and …
Gas Play
March 09, 2008 (LBO) – Sri Lanka's state-owned petroleum utility will enter the liquid petroleum gas (LPG) market by June using fuel dealerships, a top …
Saving Grace
Mar 08, 2008 (LBO) – State-run Sri Lanka Savings Bank, started to take over operations of defunct Pramuka Bank, will get a 1.5 billion rupee government …
Brand Values
Mar 08, 2008 (LBO) – Local brands will have to boost their image to compete against experienced and focused international manufacturers, who now having a …
Private Call
March 08, 2008 (LBO) – Sri Lanka Telecom (SLT), the island's dominant fixed line operator, has invested over 100 billion rupees in the business since it …
India ‘too polite’ to seek British apology for brutality: report
NEW DELHI, March 8, 2008 (AFP) - British brutality during colonial rule in India cannot be forgotten but the nation is too polite to ask for an apology, …
Searching questions as Fed printing fuels inflation rather than growth
WASHINGTON, March 7, 2008 (AFP) - As more signs point to a US economy that is sinking fast, the Federal Reserve is struggling to find ways to reignite growth …
Sprinter Marion Jones reports to jail
FORT WORTH, Texas, March 7, 2008 (AFP) - Former Olympic champion Marion Jones, sentenced in January to six months prison for lying about using steroids, Friday …
Feb expands credit facilities for distressed banks
WASHINGTON, March 7, 2008 (AFP) - The US Federal Reserve on Friday announced moves to pump 200 billion dollars into the financial system to try to contain …
Sri Lanka roadside blast kills soldier: police
March 8, 2008 (AFP) - At least one soldier was killed and two others critically wounded in southern Sri Lanka Saturday when their vehicle was hit by a roadside …
Sri Lanka Tamil journalist arrested: rights group
March 7, 2008 (AFP) - A Sri Lankan Tamil columnist was detained by police Friday while the authorities were also trying to arrest another media activist, a …
Sri Lanka stocks close higher; rupee kept down
March 07, 2008 (LBO) - Sri Lanka's stocks closed marginally higher Friday with the help of heavy trading in Sri Lanka Telecom shares, brokers said. The market …
Equity Gains
March 07, 2008 (LBO) – Lanka Orix Leasing Company (LOLC) December quarter profits were boosted 250 percent with unrealized equity gains, while revenues …
Architecture Prize
Mar 07, 2008 (LBO) – A bus terminus in rural Sri Lanka, a car showroom in the capital Colombo and a lowland forest visitor centre are vying for a million …
Fed runs out of printing steam?
PARIS, March 7, 2008 (AFP) - A senior US Federal Reserve official issued a warning here Friday against expectations the central bank might soon approve another …
Strong Euro, soaring gold tip Japan foreign reserves above trillion dollars
TOKYO, March 7, 2008 (AFP) - Japan's foreign exchange reserves have topped the one-trillion-dollar mark for the first time, led by the soaring value of gold …
Dollar falls to fresh low after ECB refuses to print money
NEW YORK, March 6, 2008 (AFP) - The dollar extended its losses against the euro on Thursday, tumbling to another record low after the European Central Bank …
Hayden a liar and Gilchrist no saint, says Harbhajan
NEW DELHI, March 7, 2008 (AFP) - Controversial spinner Harbhajan Singh further deepened the animosity between India and Australia on Thursday when he called …