Oil crash piles pressure on virus-hit Saudi economy
From empty hotels to shuttered beauty salons, oil-dependent Saudi Arabia is bracing for a coronavirus-led economic slump on top of possible austerity measures as...
Fixed price for dhal and canned fish
The prices of dhal and canned fish had been fixed with effect from midnight today as a concession to the public due to the...
‘Elderly hour’ in Aussie stores as panic-buying continues
Australia's elderly were let in early to supermarkets on Tuesday but there were still scenes of coronavirus panic buying in some areas, with reports...
IMF says it’s ready to mobilize its $1 trillion lending capacity...
The International Monetary Fund on Monday said it “stands ready” to use its $1 trillion lending capacity to help countries around the world that...
Sri Lanka stock market closed today
In view of the Government declaring a special public holiday for three (3) days effective from today (17th March 2020), the Colombo Stock Exchange has...
Asian markets tumble again after virus sparks Wall St collapse
Asian markets sank Tuesday as investors struggled to pick themselves off the floor following the previous day's global bloodbath, which saw Wall Street suffer...
CBSL further eases monetary policy amid COVID-19 spread
The Monetary Board of the Central Bank of Sri Lanka, at an urgent meeting to review its monetary policy stance on 16 March, decided...
Central Bank eases key rates to support ailing economy amidst COVID-19...
Colombo Central Bank eases key rates to support ailing economy amidst COVID-19 Pandemic spread
The Central Bank on Monday surprisingly cut the key policy rates...
Global banks take crisis measures as virus death toll surges
The US Federal Reserve and other central banks unveiled emergency measures to prop up the coronavirus-battered global economy, as the three worst-hit European countries...
Equities plunge as central bank moves fail to ease economy fears
Asian markets tumbled Monday as interest rate cuts and fresh stimulus measures by central banks failed to lift confidence, with analysts warning that the...
