World Sri Lanka restructures nearly $931 million in credit lines with India COLOMBO: Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements... Published 15 May, 2025 03:30pm
Markets Kenyan shilling holds steady against the dollar NAIROBI: Kenya’s shilling was stable on Thursday but market participants said it could weaken slightly later in the... Published 15 May, 2025 03:26pm
Markets Japan rubber futures snap 10-day winning streak on trade uncertainty, supply outlook SINGAPORE: Japanese rubber futures snapped a 10-day winning streak on Thursday, as market uncertainty surrounding... Published 15 May, 2025 03:25pm
Life & Style Tom Cruise dazzles Cannes for ‘Mission: Impossible’ premiere CANNES, France: Tom Cruise hit the Cannes Film Festival’s red carpet on Wednesday to a live band rendition of the... Published 15 May, 2025 03:21pm
Markets Chicago soybeans retreat from near 10-month highs as soyoil slumps; wheat rises BEIJING: Chicago soybean futures slipped from near 10-month highs on Thursday, weighed down by a sharp drop in... Published 15 May, 2025 03:19pm
Markets South Korea stocks fall as rally from US-China trade talks loses steam Benchmark KOSPI closed down 19.21 points, or 0.73%, at 2,621.36 Published 15 May, 2025 03:18pm
Markets Saudi Arabia issues tender to buy 655,000 metric tons of wheat Saudi Arabia has issued a tender to buy 655,000 metric tons of wheat for the August to October 2025 shipment period,... Published 15 May, 2025 03:15pm
Markets Gulf markets lacklustre as global stocks rally loses steam Most Gulf stocks were unchanged early on Thursday, as oil prices slid and broader Asian stocks fell after enthusiasm... Published 15 May, 2025 03:11pm
Markets Asia coffee: Domestic prices fall in Vietnam, new beans hit Indonesian market HANOI: Coffee prices in Vietnam edged down on Thursday, while discounts narrowed in Indonesia as beans from the new... Published 15 May, 2025 03:09pm
World Trump: India has offered US a trade deal with no tariffs U.S President Donald Trump said on Thursday that India had offered the U.S a trade deal that proposed “no tariffs”.... Published 15 May, 2025 03:06pm
Business & Finance Stanchart builds US-based private equity team amid investment bank push LONDON: Standard Chartered has created a dedicated team covering private equity firms, hedge funds and sovereign... Published 15 May, 2025 03:02pm
World Malawi’s IMF programme ends after only $35 million disbursed BLANTYRE: Malawi’s $175 million loan programme from the International Monetary Fund has been terminated after no... Published 15 May, 2025 03:00pm
Markets Iron ore futures hover near 5-week high; China credit data caps gains BEIJING: Iron ore futures held near a five-week high on Thursday, boosted by improved demand outlook from the... Published 15 May, 2025 02:56pm
Markets IEA forecasts slowdown in global oil demand growth for the rest of 2025 LONDON: The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of... Published 15 May, 2025 02:53pm
Markets Energy stocks weigh on Europe’s STOXX 600; Fed’s Powell, key data on tap European shares slipped on Thursday, dragged by energy stocks, while investors awaited key economic data and remarks... Published 15 May, 2025 02:49pm
World China grants visa-free entry to some of Latin America’s biggest economies BEIJING: China will extend its visa-free policy to nationals of Brazil, Argentina, Chile, Peru and Uruguay, putting... Published 15 May, 2025 02:46pm
World India issues stricter rules for foreign lawyers flying in for client work NEW DELHI: Foreign lawyers who fly into India to handle client matters will now have to inform the country’s bar... Published 15 May, 2025 02:40pm
World Trump says US close to a nuclear deal with Iran DUBAI: US President Donald Trump said on Thursday that the United States was getting very close to securing a... Published 15 May, 2025 02:32pm
World Erdogan to urge ceasefire without delay in Zelenskiy talks ANKARA: President Tayyip Erdogan will emphasise in talks with Ukrainian President Volodymyr Zelenskiy on Thursday... Published 15 May, 2025 02:24pm
World Indian travel firms report drop in Turkiye bookings over Pakistan support BENGALURU: Indians are cancelling holidays in popular resorts in Turkiye and Azerbaijan after the countries... Published 15 May, 2025 02:19pm