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

Serendib Land PLC

SLND.N0000

LKR2945.00

9.77%

Fortress Resorts PLC

RHTL.N0000

LKR23.20

6.91%

Keells Food Products PLC

KFP.N0000

LKR178.50

5.78%

Horana Plantations PLC

HOPL.N0000

LKR54.00

5.68%

Tess Agro PLC

TESS.N0000

LKR1.90

5.56%

Serendib Hotels Ltd

SHOT.N0000

LKR16.10

4.55%

Renuka City Hotels PLC

RENU.N0000

LKR847.00

4.44%

Convenience Foods Lanka PLC

SOY.N0000

LKR2395.00

4.13%

Acme Printing and Packaging PLC

ACME.N0000

LKR5.10

4.08%

Balangoda Plantations PLC

BALA.N0000

LKR62.30

4.01%

CT Land Development Plc

CTLD.N0000

LKR36.40

4.00%

Kotmale Holdings PLC

LAMB.N0000

LKR1371.75

3.92%

News

US Inflation Hits Three-Year High on Energy Surge as Fed Decision Looms

US inflation accelerated in May to its fastest pace in over three years, driven by rising energy prices from the Iran war, though analysts expect the Federal Reserve to hold interest rates steady.

economic indicators•an hour ago

Hong Kong Defends Capital Inflows as Regional Currency and Market Pressures Mount

Hong Kong Financial Secretary Paul Chan affirmed that legitimate capital inflows remain welcome despite Beijing's regulatory crackdowns, even as rising funding costs squeeze the local dollar's carry trade appeal.

banking finance•13 hours ago

Bond Traders Position for Rapid Fed Rate Hikes as Inflation Data Looms

Bond traders are aggressively positioning for a series of rapid Federal Reserve interest-rate hikes, with some betting on a move as early as September, ahead of crucial U.S. consumer inflation data.

federal reserve•19 hours ago

Global Inflation Pressures and Strong Economic Data Signal Higher-for-Longer Interest Rates

As U.S. CPI expectations hover above 4% and global economic growth remains resilient, bond markets and financial strategists warn that interest rates may need to rise further to combat persistent inflation.

economic indicators•Jun 9th 26

ECB Projected to Raise Rates 'At a Minimum' Twice as Macro Pressures Mount

BNP Paribas forecasts at least two more interest rate hikes from the European Central Bank, as the Eurozone navigates trade imbalances with China and pioneers new SME-backed debt instruments.

economic indicators•Jun 9th 26

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•Jun 8th 26

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•Jun 8th 26

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•Jun 7th 26

Top Gainers

Serendib Land PLC

SLND.N0000

LKR2945.00

9.77%

Fortress Resorts PLC

RHTL.N0000

LKR23.20

6.91%

Keells Food Products PLC

KFP.N0000

LKR178.50

5.78%

Horana Plantations PLC

HOPL.N0000

LKR54.00

5.68%

Tess Agro PLC

TESS.N0000

LKR1.90

5.56%

Serendib Hotels Ltd

SHOT.N0000

LKR16.10

4.55%

Renuka City Hotels PLC

RENU.N0000

LKR847.00

4.44%

Convenience Foods Lanka PLC

SOY.N0000

LKR2395.00

4.13%

Acme Printing and Packaging PLC

ACME.N0000

LKR5.10

4.08%

Balangoda Plantations PLC

BALA.N0000

LKR62.30

4.01%

CT Land Development Plc

CTLD.N0000

LKR36.40

4.00%

Kotmale Holdings PLC

LAMB.N0000

LKR1371.75

3.92%