Gold higher, the best bet in uncertain times
PARIS, September 9, 2009 (AFP) - Gold is back in favour, hitting 18-month highs above 1,000 dollars as investors hedge their bets on the dollar in a global …
Economy & Markets
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Bursting economic bubble may have averted greater disaster ahead: Sri Lanka CB chief
Sept 08, 2009 (LBO) - The bursting of a global economic bubble in 2007-2008 may have averted greater disaster ahead, but the global financial community must …
Sri Lanka heads for record deficit despite better revenues in June
Sept 07, 2009 (LBO) - Sri Lanka's state revenues fell 6.15 percent in June from a year earlier, implying an annualized deficit of 10. buy abilify online …
Sri Lankan shares close 1.66-pct up
Sep 07, 2009 (LBO) - Sri Lankan shares closed up almost across the board Monday as retail investors bet heavily on hotel stocks, while strategic investors …
Sri Lanka roads closed to keep economy stable
Sep 06, 2009 (LBO) - Some of Sri Lanka's roads will remain closed despite the end of a 30-year civil war to prevent a post-Soviet style collapse of the …
Sri Lanka sovereign bond gets seven bids for lead manager slot
Sept 04, 2009 (LBO) - Seven investment banks have submitted proposals to sell a 500 million US dollar sovereign bond for Sri Lanka in October, the government's …
Sri Lanka non-state sector to bear adjustment burden under IMF deal
Sept 03, 2009 (LBO) - Workers in Sri Lanka's private sector and their workplaces will bear the brunt of an adjustment to stabilize the economy under an …
Sri Lanka bond yields fall
Sept 03, 2009 (LBO) - Sri Lanka bond yield have fallen around 30 t0 40 basis points over the past week with high trading volumes and expectations of purchases …
Sri Lankan stocks close flat
Sep 03, 2009 (LBO) - Sri Lanka shares closed flat Thursday, as retail investors took profits and bet heavily on Seylan Bank and Blue Diamonds Jewelry Worldwide …
Sri Lankan shares close up 0.91-pct
Sep 02, 2009 (LBO) - Sri Lankan shares closed up on Wednesday as retail investors chased after small and medium sized stocks on a highly speculative market, …
Sri Lanka tightens rules on forex dealers
Sept 02, 2009 (LBO) - Sri Lanka has tightened rules on foreign exchange dealing issuing a direction that specifies qualifications and experience of dealing …
Sri Lanka jailed reporter named winner of Peter Mackler Award
WASHINGTON, August 31, 2009 (AFP) - J.S. Tissainayagam, a Sri Lankan reporter sentenced Monday to 20 years in prison, has been named the first winner of the …
Sri Lanka bill yields flat
Sept 01, 2009 (LBO) - Sri Lanka Treasuries yields were flat for the fourth week running at Tuesday's auction with the 3-month yield at 10.55 percent, down 02 …
Sri Lankan stocks close down 0.16-pct
Sep 01, 2009 (LBO) - Sri Lankan shares closed down Monday owing to profit taking from last week's gains, while investors bet heavily on market speculation of a …
Sri Lanka economists look for recovery at annual parley
Aug 31, 2009 (LBO) - The way forward following the fallout of a global economic slump that triggered a balance of payments crisis and a slowdown in island will …
Sri Lankan stocks down 0.06-pct
Aug 31, 2009 (LBO) - Sri Lankan shares closed flat Monday as retail investors took profits from last week's gains in the hotel sector, but placed bets on …
Sri Lanka August inflation 0.9-pct
Aug 31, 2009 (LBO) - Consumer prices in Sri Lanka's capital Colombo moved up 0.9 percent from a year earlier, compared with 1.1 percent in July, the …
Sri Lanka promotes investment with Thailand after war
Aug 30, 2009 (LBO) - Sri Lanka is promoting new joint ventures with Thailand after the end of a 30-year war in the island, organizers of an investment …
Sri Lankan stocks up 0.52-pct
Aug 28, 2009 (LBO) - Sri Lankan shares closed up 0.5 percent Friday with banks and hotel sector shares driving gains, brokers said. The benchmark Colombo All …
Sri Lankans ask whether the US is a socialist state
Aug 28, 2009 (LBO) - Sweeping 'nationalization' of collapsing banks, state mandated mortgage lending and centrally planned interest rates has made the USA a …