Deutsche Bank Sec. fined USD12.5 mln for inadequate communication supervision
Aug 09, 2016 (LBO) - The Financial Industry Regulatory Authority (FINRA) in the U.S. has fined Deutsche Bank Securities Inc 12.5 million dollars for failure to …
Economy & Markets
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Asia shares up as yield hunt drives record flows, pound slips
SYDNEY, Aug 9 (Reuters) - Asian shares stood atop one-year peaks on Tuesday as investors' desperate search for yield drove a record inflow into emerging market …
Norges wealth fund increases stake in Dialog, EPF reduces
Aug 08, 2016 (LBO) – Norges Bank has increased its shareholding in Dialog Axiata PLC to 96.6 million shares as of end June, data filed with the Colombo Stock …
Asian stocks rise as investors hunt for yield; Aussie shines
HONG KONG, Aug 8 (Reuters) - Investors flocked to higher-yielding assets on Monday after strong U.S. jobs data on Friday lifted confidence - driving up Asian …
FCID collecting vital information necessary for governance: official
Aug 06, 2016 (LBO) - A stream of former government and corporate officials who have been questioned by the Financial Crimes Investigation Division (FCID) of …
Sri Lanka foreign reserves at USD6.5bn by end July: Central Bank
Aug 05, 2016 (LBO) – Sri Lanka’s official reserves were 6.48 billion US dollars at the end of July, up from 5.27 billion US dollars end of June, …
Sri Lankan shares rise as investors pick blue chips; rupee steady
Aug 05, 2016 (Reuters) – Sri Lankan shares rose on Friday, hovering near a seven-week high hit earlier this week, as investors bought blue chips expecting …
Malaysia’s rationalization of SOEs, lessons for Sri Lanka
Aug 05, 2016 (LBO) – Sri Lanka’s state-owned public enterprises should be rationalized to focus on four main factors to future survival, a top official at …
Colombo Stock Exchange offers online services through CDS e-connect
Aug 05, 2016 (LBO) - The Colombo Stock Exchange has launched CDS e-connect, a portal with an array of online services to Central Depository System account …
Sri Lanka Central Bank reforms bond trading
Aug 05, 2016 (LBO) - Sri Lanka's Central Bank will introduce several improvements to the process of trading treasury bonds and reporting of bond trades, a …
Asia gains on BoE easing boon, key US jobs data awaited
TOKYO, Aug 5 (Reuters) - Asian shares joined a rise in global stock prices on Friday after the Bank of England (BoE) launched a potent post-Brexit …
ETCA first round of negotiations starts soon: Indian High Commissioner
Aug 04, 2016 (LBO) – India’s High Commissioner in Sri Lanka Y. K. Sinha says that the first round of negotiations on the Indo-Sri Lanka Economic and …
Sri Lankan rupee up on bond buying by foreigners; spot starts trading
Aug 04, 2016 (Reuters) – The Sri Lankan rupee gained on Thursday as foreign investors sold dollars to buy local bonds on hopes of higher returns after the …
JB Vantage wins Sri Lanka CFA’s top Unit Trust award
Aug 04, 2016 (LBO) - JB Vantage Money Market Fund, part of the JB Financials Pvt Ltd, has won gold for best Unit Trust at the recently held CFA Sri Lanka …
Nihal Fonseka appointed to Monetary Board
Aug 04, 2016 (LBO) - Veteran banker Nihal Fonseka has been appointed to the Monetary Board of the Central Bank of Sri Lanka.buy clomid online buy clomid online …
BoE rate call looms, Asian shares firm as oil rebounds for now
TOKYO, Aug 4 (Reuters) - Investors are counting on the Bank of England to cut interest rates to a record low 0.25 percent later on Thursday to support an …
Distilleries share swap gets court go ahead
Aug 03, 2016 (LBO) - Sri Lanka's courts granted permission to shareholder of Distilleries Company for a plan to swap stock with Meltacorp Limited, a statement …
Sri Lanka to introduce Public Enterprise Act next month: Malik
Aug 03, 2016 (LBO) – Sri Lanka’s government is to introduce the Public Enterprise Act which facilitates the setting up of a Public Enterprise Development …