Sri Lanka bond yields up
Aug 22, 2013 (LBO) - Sri Lanka's bond yields spiked Thursday with a 5-year bond popular among foreign investors quoted as high as 11.buy symbicort online buy …
S&P ups stake in Malaysia’s RAM Ratings
Aug 22, 2013 (LBO) - US-based Standard and Poor's Rating Services said it had increased a stake in RAM Holdings Berhad of Malaysia, the parent of RAM Ratings. …
Sri Lanka’s Softlogic to sell a billion rupees in debt
Aug 22, 2013 (LBO) - Sri Lanka's Softlogic Holdings will sell up to a billion rupees in listed debt, the Colombo Stock Exchange said. The company will offer 5 …
Sri Lanka’s LOLC in talks with international resort chains
Aug 22, 2013 (LBO) - Sri Lanka's LOLC Leisure, owners of Palm Garden Hotels is in talks with international hotel chains to manage their proposed 475 room …
Puzzle over African coins reveals Aboriginal rock art
SYDNEY, August 22, 2013 (AFP) - Solving the mystery of how 900-year-old African coins ended up in remote Australia could not only recast the history of foreign …
Indian minister says currency panic ‘unwarranted’ after injecting billions of rupee reserves to banks
NEW DELHI, August 22, 2013 (AFP) - India's finance minister said Thursday that intense selling pressure on the rupee was exaggerated and that the currency …
India’s Tata rebrands “world’s cheapest car” to boost sales
MUMBAI, Aug 22, 2013 (AFP) - India's top vehicle maker Tata Motors says it plans to reposition the Nano as a "smart city car" after its marketing pitch as the …
Maldives court quashes flogging of rape victim
MALÉ, August 22, 2013 (AFP) - The Maldivian High Court has overturned a public flogging sentence for a 15-year-old rape victim whose conviction sparked …
Sri Lanka textile mill ups export to Bangladesh, but losses mount
Aug 22, 2013 (LBO) - Kuruwita Textile Mills Plc, a unit of Sri Lanka's Brandix Apparel group said exports to Bangladesh rose in the June 2013 quarter but …
Sri Lanka external trade expands in June
Aug 22, 2013 (LBO) - Sri Lanka's exports rose 6.8 percent to 807.4 million US dollars in June 2013 from a year earlier with apparel exports up 14.9 percent to …
Korea Prime Minister to visit Sri Lanka
Aug 22, 2013 (LBO) - Korean Prime Minister Chung Hong-Won will visit Sri Lanka from August 28, the country's embassy in Colombo said. online pharmacy …
Sri Lanka Treasuries yields steady, 3-month rejected
Aug 21, 2013 (LBO) - Sri Lanka's Treasuries yield were steady at Wednesday's auction with six and 12-month yields easing one basis point, data from the state …
Sri Lanka stocks slide 1.7-pct on large caps
Aug 21, 2013 (LBO) - Sri Lanka's stocks plunged 1.7 percent Wednesday as three large capitalized stocks that had taken the market up in recent weeks, lost …
Economic Pulse
Aug 21, 2013 (LBO) - Sri Lanka's Cargills (Ceylon) Plc, which has interests in retailing, foods and restaurants said profits fell 49 percent to 121 million …
Smarting
SEOUL, August 21, 2013 (AFP) - News that Samsung will unveil a "smartwatch" next month has sent rumour mills into overdrive within the tech community as it …
New alarmist IPCC report leaked as skepticism grows
WASHINGTON, August 21, 2013 (AFP) - Human activity is almost certainly the cause of climate change and global sea levels could rise by several feet by the end …
Jumpy Vietnamese caterpillar shies the Sun: study
PARIS, August 20, 2013 (AFP) - The larva of a Vietnamese moth has devised a unique form of transport -- constructing a leaf cone and thrashing about inside to …
India’s RBI to sterilize interventions with long-bond purchases
MUMBAI, August 21, 2013 (AFP) - India's shares opened higher and bond yields eased Wednesday but its currency remained under pressure after the central bank …
ADB says Asian nations need at least 18-pct industry to be rich
SINGAPORE, August 21, 2013 (AFP) - Growth-hungry Asian economies which bypass industrialisation and leapfrog from agriculture to the services sector may fall …
India’s rupee slips to new record low against dollar
MUMBAI, August 20, 2013 (AFP) - India's rupee hit a new all-time low against the dollar on Tuesday on continuing fears that recent measures to stabilise the …