Japan intervenes in forex markets for first time since 2004
TOKYO, September 15, 2010 (AFP) - Japan on Wednesday intervened in currency markets for the first time since 2004 in a bid to stem the yen's appreciation …
Economy & Markets
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Sri Lanka securities watchdog halts broker credit
Sept 15, 2010 (LBO) - Sri Lanka's Securities and Exchange Commission has ordered brokering firms to "absolutely refrain" from giving credit for clients to …
Sri Lanka stocks close up 1.03-pct
Sept 15, 2010 (LBO) - Sri Lankan shares closed higher Wednesday with heavy trading in low value shares, brokers said. buy zithromax online …
Cuba to axe one million state jobs
HAVANA, September 14, 2010 (AFP) - Cuba has announced plans to slash one million state jobs and encourage the growth of its emerging small business sector in a …
Sri Lanka rating raised to ‘B+’ by S&P
Sept 14, 2010 (LBO) - Standard & Poor's has raised its long-term foreign currency sovereign credit rating on Sri Lanka to 'B+' from 'B' and the long-term local …
Sri Lankan stocks close up 0.72-pct
Sept 14, 2010 (LBO) - Sri Lankan stocks continued their rally to close at a new high Tuesday, on price gains on selected midcap stocks on low volume trading, …
Sri Lanka begins road show to market $1bn bond
Sept 14, 2010 (LBO) - Sri Lanka has kicked off a road show to sell a billion dollar sovereign bond later this month, a media report said. Officials and …
Sri Lanka half-year budget deficit on track
Sept 14, 2010 (LBO) - Sri Lanka budget deficit up to June 2010 is on track with projected numbers though deficit monetization in subsequent weeks points to …
Sri Lanka ‘pilot census’ to begin in October
Sept 14, 2010 (LBO) - Sri Lanka's statistics office has completed most of the preliminary work to conduct its first island-wide population count in 30-years …
Sri Lanka 83rd in Forbes best countries for business list
Sept 13, 2010 (LBO) - Sri Lanka has been ranked 83rd in the latest Forbes Best Countries for Business list, behind India which was placed 77th but ahead of …
IMF warns of debt menace as recovery slows
WASHINGTON, September 10, 2010 (AFP) - High levels of national debt and a still shaky financial sector threaten to derail the global economic recovery, the IMF …
Sri Lanka opens state agency debt to foreign buyers
Sept 10, 2010 (LBO) - Sri Lanka's Urban Development Authority (UDA), a state agency, has launched a 5-year bond to raise 10 billion rupees and 30 percent of …
IMF to sell 400 million dollars’ worth of gold to Bangladesh
WASHINGTON, September 9, 2010 (AFP) - The International Monetary Fund on Thursday announced it would sell 10 metric tons of gold to Bangladesh, worth around …
Sri Lanka stocks top 6,000-pts
Sept 09, 2010 (LBO) - Sri Lanka's benchmark index topped 6,000 points Thursday, with high value stocks like John Keells Holdings (JKH) and Distilleries Company …
Sri Lankan stocks close up 1.32-pct
Sept 08, 2010 (LBO) - Sri Lankan stocks rallied and passed the 5,900 points mark Wednesday, from price gains on index heavy John Keells Holdings (JKH), Hatton …
Sri Lankan stocks close up 0.45-pct
Sept 07, 2010 (LBO) - Sri Lankan stocks recovered Tuesday, from high investor interest on hotel sector shares, while large private deals on John Keells Hotels …
Sri Lanka Treasuries yields plunge
Sept 07, 2010 (LBO) - Sri Lanka's one year Treasury bill yield plunged 45 basis points to 7. online pharmacy buy symbicort with best prices today in the USA …
Sri Lanka investment agency awaits tax policy in budget
Sept 07, 2010 (LBO) - Sri Lanka's state investment promotion agency is waiting for the harmonization of a tax regime in the island following a budget later …
Sri Lanka lake front to be park, entertainment complex: report
Sept 04, 2010 (LBO) - Land around a lake in Sri Lanka's capital Colombo has been earmarked for hotels, a park, a shopping and an entertainment area and will be …
Sri Lanka stocks close up 1.65-pct
Sept 03, 2010 (LBO) - Sri Lankan shares continued their bull run Friday with gains seen in several sectors on the back of the previous day's sharp rise, …