Latest Economy News
US plans to build a $553m terminal at Colombo port in rivalry with China
The U.S. announced a $553 million project Wednesday to build a deep-water…
High Inflation To Dog World Economy Next Year, Postponing Rate Cuts
High inflation will dog the world economy next year, with three-quarters of…
Global business cycle is in transition
Global economic activity was mixed during the third quarter of 2023, with…
How right to information helped Sri Lanka manage its crisis
By Dr Shamsul Bari and Ruhi Naz The importance of people’s right…
Israel-Hamas conflict is ‘new cloud’ darkening economic outlook: IMF chief
Georgieva says severe shocks are becoming ‘the new normal’ in a global…
Sri Lankan economy to grow by 1.7pc in 2024
The World Bank said Sri Lanka’s economy is expected to grow by 1.7…
Economic growth in Middle East, North Africa slowing to 1.9% in 2023
ISTANBUL: The Middle East and North Africa (MENA) region is expected to…
Oil prices rise, but post biggest weekly decline since March
Oil prices rose on Friday but remained posted their steepest weekly losses…
US job growth sizzles; wage inflation cooling
WASHINGTON: US employment increased by the most in eight months in September as…
US stocks close with losses before release of key jobs data
US stocks closed Thursday with losses, one day before the release of…
