Asian stocks slump further on economic fears

HONG KONG , August 9, 2011 (AFP) - Asian stock markets plunged further Tuesday, deepening sharp losses brought on by the historic credit downgrade of the …

Analysts blame ‘pessimism’ for ‘grave’ market tumble

PARIS, August 7, 2011 (AFP) - The week on financial markets began with high tension over the eurozone debt crisis and culminated in a downgrading of the US …

Loss of AAA status tough but logical for US

WASHINGTON, August 7, 2011 (AFP) - Standard & Poor's decision to strip the United States of its triple-A credit rating is a tough but logical sanction of the …

US credit rating downgraded AA+, outlook negative

Aug 06, 2011 (LBO) - The long term credit rating of the United States of America has been downgraded by one notch to AA + with a negative outlook by Standard & …

US credit rating downgraded to AA+ by S&P

Aug 06, 2011 (LBO) - The long term credit rating of the United States of America has been downgraded by one notch to AA + with a negative outlook by Standard & …

Sri Lanka diplomat faces rights groups’ complaint

GENEVA, August 4, 2011 (AFP) - Two rights groups said Thursday they have brought to Swiss authorities a criminal complaint against a Sri Lankan diplomat and …

US deficit spenders descend to last refuge

WASHINGTON, August 3, 2011 (AFP) - "Terrorist" US lawmakers; Tea Party conservatives holding the nation "hostage;" Republicans "hijacking" the debt deal. buy …

Fuel Test

Aug 02, 2011 (LBO) - Petroleum products imported into Sri Lanka are unloaded and distributed only after they are tested and meet the required standards, a …

Sri Lankan journalist attacked ‘with iron bars’

July 30, 2011 (AFP) - An ethnic Tamil journalist in Sri Lanka's formerly embattled north was brutally attacked with iron bars, police said on Saturday, the …

Sri Lanka inflation accelerates to 7.5-pct in July

July 29, 2011 (LBO) - Consumer inflation in Sri Lanka's capital Colombo accelerated to 7.5 percent in July from 7.1 percent in June, with prices rising 0.buy …

Sri Lanka tractor firm expects brisk sales in the north

July 29, 2011 (LBO) - Sri Lanka's Brown & Company, which claims market leadership in agricultural tractors, said it expected sales of around 1,000 units in the …

Deaf Sri Lankans protest for equal rights

July 29, 2011 (LBO) - Hundreds of deaf Sri Lankans took to the streets on Friday demanding equal rights and more people to translate sign language so they can …

Sri Lanka rejects new war crimes charge

July 28, 2011 (AFP) - Sri Lanka's military Thursday rejected new allegations that its political bosses ordered the execution of surrendering Tamil rebels …

Bunker Biz

July 27, 2011 (LBO) - Mc Marine (Pvt) Ltd, a newly incorporated bunkering unit of Sri Lanka's McLarens shipping group which is planning to cater to ships off …

Sri Lanka inflation panic level above 7.0-pct: Treasury secretary

July 26, 2011 (LBO) - Sri Lanka should keep inflation below 7.online pharmacy https://www.gcbhllc.org/files/pdf/ventolin.html no prescription drugstore 0 …

Sri Lanka foreign reserves move towards US$8bn

July 26, 2011 (LBO) - Sri Lanka's foreign reserves would be close to eight billion US dollars after proceeds from a billion dollar sovereign bond comes to the …

Sri Lanka Tamil party sweeps north local bodies

July 25, 2011 (LBO) - A Tamil minority party has swept the polls in Sri Lanka's former war torn northern areas while the ruling coalition consolidated its …

Sri Lanka lawmaker challenges minister to debate over land deal

July 25, 2011 (LBO) - A Sri Lankan lawmaker has challenged a government minister to a television debate over the sale of state land to a Chinese firm. Harsha …

US panel votes to bar aid to Sri Lanka

WASHINGTON, July 22, 2011 (AFP) - A US congressional committee voted Thursday to ban aid to Sri Lanka unless the nation shows "accountability" over the …

Sri Lanka peace dividend in low rates, higher capex: Treasury Secy

July 20, 2011 (LBO) - Sri Lanka is seeing a peace dividend in the form of lower interest rates, taxes, inflation and higher capital expenditure after a 30-year …