Asia-Pacific Markets Navigate Geopolitical Hopes Amidst Regional Economic Headwinds

Asia-Pacific markets show cautious optimism following U.S.-Iran diplomatic efforts, yet regional economies grapple with currency volatility in India and operational challenges for China's airlines.

•May 22nd 26

Digital Services Tax in Sri Lanka: What You Need to Know

banking finance

Is the Digital Services VAT Gazette Ultra Vires? Should the VAT Act Be Amended Again?

Sanka De Alwis, ACA, B.Sc. (Bus. Admin. Sp.) (USJP) Tax Consultant•Sep 22nd 25

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

banking finance

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

Finance Manifest•Jun 20th 25

Top Gainers

Convenience Foods Lanka PLC

SOY.N0000

LKR2398.75

4.29%

Beruwala Resorts PLC

BERU.N0000

LKR3.20

3.23%

Bogawantalawa Tea Estates PLC

BOPL.N0000

LKR73.90

3.07%

Hatton Plantations PLC

HPL.N0000

LKR25.40

2.83%

Lanka Ceramic PLC

CERA.N0000

LKR184.75

2.64%

Arpico Insurance Plc

AINS.N0000

LKR29.60

2.42%

Namunukula Plantations PLC

NAMU.N0000

LKR70.90

2.31%

Mahaweli Coconut Plantations PLC

MCPL.N0000

LKR49.00

2.08%

Dialog Axiata PLC

DIAL.N0000

LKR41.50

1.72%

Balangoda Plantations PLC

BALA.N0000

LKR60.00

1.69%

Autodrome PLC

AUTO.N0000

LKR318.00

1.60%

Palm Garden Hotels Plc

PALM.N0000

LKR54.80

1.48%

News

Wall Street Rebounds as Corporate Leaders Signal Resilient Demand and Long-Term Growth

Wall Street staged a strong comeback on Monday as dip buyers returned to the market, supported by resilient consumer demand in aviation and predictions of a historic real estate super cycle.

stock market•an hour ago

Global Markets Face Double Whammy of Rate Hike Bets and Tech Volatility

US Treasuries fell as strong jobs data and Middle East tensions fueled rate hike expectations, while Nvidia CEO Jensen Huang dismissed the tech selloff as a buying opportunity.

economic indicators•13 hours ago

Bond Traders Brace for CPI Surge as Inflation Bets Challenge Fed Policy Path

Bond traders are positioning for a significant surge in upcoming consumer price index data, ramping up pressure on the Federal Reserve to maintain a hawkish stance.

bonds fixed-income•19 hours ago

Market Rout Sparks Fresh Fears Over Hedge Fund Crowding and Systemic Risk

Friday's sudden equity selloff has reignited concerns among market participants that highly concentrated hedge fund positions could amplify losses during a broader market downturn.

stock market•Jun 7th 26

South Korea Unveils Emergency Measures to Stem Won Slide and Curb Speculation

South Korean authorities have announced targeted measures to support the won after the currency plummeted to its weakest level since 2009, pledging strict action against speculative trading.

forex commodities•Jun 7th 26

PBOC Extends Gold-Buying Streak in May Despite Bullion Price Pressure

The People's Bank of China continued to expand its gold reserves in May, maintaining its buying momentum even as global bullion prices faced downward pressure.