Asian stocks recoup losses, Aussie wobbles on uncertain election
July 4 (Reuters) - Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner …
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Sri Lanka faces huge debt service requirements by July & Sept
July 01, 2016 (LBO) – Sri Lanka’s external debt service requirements are expected to be relatively larger in July and September of this year as per the …
Asia stocks rise as risk appetite recovers, pound under fresh pressure
July 1 (Reuters) - Asian stocks rose on Friday as risk appetite continued to recover from last week's Brexit shock, but the pound came under renewed …
FTSE recovers Brexit losses, Brent crude down 1.2-pct
June 30 (LBO) - Asia stocks rose across the board on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen stopped rising as …
Sri Lanka’s Amana Takaful Life announces IPO of Rs75Mn
June 28, 2016 (LBO) - Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an …
Brexit vote, UK political confusion keep world and asian markets on edge
June 28 (Reuters) - Britain's vote to leave the European Union continued to reverberate through financial markets, with the pound falling to its lowest …
Sri Lanka’s Central Bank keeps policy rates steady
June 24, 2016 (LBO) – Sri Lanka’s Central Bank has decided to keep its key interest rates steady for a fourth straight month on Friday, despite rising …
Sri Lanka CB Governor won’t seek reappointment until probe over
June 24, 2016 (LBO) - Sri Lanka's Central Bank Governor Arjuna Mahendran has informed the Monetary Board that he will not seek a re-appointment when his term …
Asia stocks, sterling rise as Brexit anxiety abates
June 23 (Reuters) - Asian shares edged up and sterling stood close to its peak for the year on Thursday, as investors were cautiously optimistic that …
Oil prices above USD50, buoyed by U.S. stock draw
June 22 (Reuters) - Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American …
Opportunities for value investors, rate hikes limited: JB Securities
June 22, 2016 (LBO) - Sri Lanka's equity market offers opportunities for value investors as market multiples have contracted, JB Securities says in their …
Sri Lankan rupee 1-wk forwards fall on importer dollar demand; stocks slip
June 22 (Reuters) - Sri Lankan rupee one-week forwards fell on Wednesday on importer dollar demand amid low liquidity for the U.S. currency after …
Sri Lanka’s debt higher than B, BB rated countries, Fitch data shows
June 21, 2016 (LBO) - Sri Lanka’s current debt levels are higher than its ‘B’ median peers or the previously rated ‘BB’ median, data from the ratings …
Asia shares pause, sterling stands tall as Brexit vote looms
June 21 (Reuters) - Asian shares got off to a tentative start on Tuesday, as investors paused after a rally triggered by growing expectations that …
Sri Lankan rupee 1-wk forwards weaker on importer dlr demand
June 20 (Reuters) - Sri Lankan rupee one-week forwards traded weaker on Monday due to importer dollar demand while dealers said the rupee was under pressure …
Asia stocks gain as Brexit fears ebb slightly, pound surges
June 20 (Reuters) - Asian stocks gained early on Monday as rising expectations of Britain voting to remain in the European Union lifted risk sentiment and the …
Asian shares face weekly losses, sterling rebounds in Brexit turmoil
TOKYO, June 17 (Reuters) - Asian shares rose on Friday, but remained on track for weekly losses in a week dominated by fears that British voters will …
Sri Lanka CDS to introduce electronic voting and IPO facility this year
June 16, 2016 (LBO) – Sri Lanka’s Central Depository Systems is looking forward to introduce a fully-fledged electronic IPO and voting system during this …
Global treasuries plunge on Brexit, safe haven demand
June 16, 2016 (LBO) - The prospect of Britain leaving the European Union is boosting demand for safe haven assets, with bond yields falling to new lows, as the …
Sri Lanka promises to reform Airline, public sector, fuel pricing to IMF
June 15, 2016 (LBO) - Sri Lanka has committed to reforming government finances and the public sector, in its letter of intent to the International Monetary …