World Bank's Senior Managing Director, Axel van Trotsenburg, Photo: Reuters

World Bank Demands Radical Debt Transparency and Its Impact on Sri Lanka

The World Bank is driving debt transparency reforms for developing countries, which could affect Sri Lanka’s recovery after its 2022 default, potentially easing access to international funds.

•World Bank, Debt transparencyJun 20th 25

forex commodities

Swiss National Bank Cuts Interest Rate to 0%

Finance Manifest•Jun 19th 25

stock market

Investors Fear Sharp Market Tumble if U.S. Enters Iran-Israel Fray

Finance Manifest•Jun 19th 25

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STANDARD CAPITAL PLC

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LKR71.50

25.44%

MAHAWELI COCONUT PLANTATIONS LIMITED

MCPL.N0000

LKR49.40

21.38%

CARSON CUMBERBATCH PLC

CARS.N0000

LKR745.00

15.50%

JANASHAKTHI INSURANCE COMPANY PLC

JINS.N0000

LKR94.80

12.86%

AMANA TAKAFUL PLC

ATL.N0000

LKR17.30

12.34%

NAWALOKA HOSPITALS PLC

NHL.N0000

LKR8.20

12.33%

THE KANDY HOTELS COMPANY (1938) PLC

KHC.N0000

LKR14.70

11.36%

FIRST CAPITAL HOLDINGS PLC

CFVF.N0000

LKR49.10

11.09%

ASIRI HOSPITAL HOLDINGS PLC

ASIR.N0000

LKR38.00

9.83%

PEOPLE`S MERCHANT FINANCE PLC

PMB.N0000

LKR14.30

9.16%

CAPITAL ALLIANCE PLC

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LKR61.30

9.07%

EQUITY TWO PLC

ETWO.N0000

LKR52.00

9.01%

News

World Bank Demands Radical Debt Transparency and Its Impact on Sri Lanka

The World Bank is driving debt transparency reforms for developing countries, which could affect Sri Lanka’s recovery after its 2022 default, potentially easing access to international funds.

banking finance•Jun 20th 25•World Bank, Debt transparency

Swiss National Bank Cuts Interest Rate to 0%

The Swiss National Bank (SNB) has lowered its key interest rate to 0% starting June 20, 2025, due to falling inflation. This sixth rate cut in a row aims to stabilize prices amid deflation concerns.

forex commodities•Jun 19th 25•Swiss economy, Interest rates

Investors Fear Sharp Market Tumble if U.S. Enters Iran-Israel Fray

Rising tensions between the U.S. and Iran, fueled by the ongoing Israel-Iran conflict, have investors on edge. Experts warn that U.S. military involvement could trigger a sharp market selloff, spike oil prices, and strain an already fragile global economy. While stocks dipped slightly, safe-haven assets like gold and the dollar are gaining traction.

stock market•Jun 19th 25•Geopolitics, Oil prices

Tesla Stock Dips as Robotaxi Hiccup and EV Slump Worry Investors

Tesla's stock is under pressure in June 2025 as declining EV demand, a delayed robotaxi launch, and analyst downgrades weigh on investor confidence. Despite a recent rally, the company faces significant hurdles in a competitive market.

stock market•Jun 17th 25•Tesla, stock market

Top Gainers

STANDARD CAPITAL PLC

SING.N0000

LKR71.50

25.44%

MAHAWELI COCONUT PLANTATIONS LIMITED

MCPL.N0000

LKR49.40

21.38%

CARSON CUMBERBATCH PLC

CARS.N0000

LKR745.00

15.50%

JANASHAKTHI INSURANCE COMPANY PLC

JINS.N0000

LKR94.80

12.86%

AMANA TAKAFUL PLC

ATL.N0000

LKR17.30

12.34%

NAWALOKA HOSPITALS PLC

NHL.N0000

LKR8.20

12.33%

THE KANDY HOTELS COMPANY (1938) PLC

KHC.N0000

LKR14.70

11.36%

FIRST CAPITAL HOLDINGS PLC

CFVF.N0000

LKR49.10

11.09%

ASIRI HOSPITAL HOLDINGS PLC

ASIR.N0000

LKR38.00

9.83%

PEOPLE`S MERCHANT FINANCE PLC

PMB.N0000

LKR14.30

9.16%

CAPITAL ALLIANCE PLC

CALT.N0000

LKR61.30

9.07%

EQUITY TWO PLC

ETWO.N0000

LKR52.00

9.01%