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Local News

Janashakthi Finance Bolsters Alternative Investment Portfolio with Shariah-Compliant Framework.

May 14, 2026 at 5:19 AM

Janashakthi Finance PLC is expanding its Alternative Finance Business Unit (AFBU) to meet the rising demand for ethical and ESG-aligned investments in Sri Lanka, offering specialized Shariah-compliant financial solutions.

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Janashakthi Finance Bolsters Alternative Investment Portfolio with Shariah-Compliant Framework
Image Credit : island.lk
Technology
A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy

A* Capital Secures $450 Million for Third Fund with Contrarian Investment Strategy.

May 12, 2026 at 6:52 PM
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Finance

Hedge Fund Titan Jain Global Shifts Strategy to Become Exclusive Millennium Asset Manager.

Bobby Jain's firm, Jain Global, is returning approximately $6 billion to external investors and transitioning into an exclusive investment manager for Millennium Management, aiming to leverage the platform's infrastructure and resources.

April 27, 2026 at 2:52 PM
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Technology
Canada’s Cohere to Acquire Germany’s Aleph Alpha in Strategic Sovereign AI Alliance

Canada’s Cohere to Acquire Germany’s Aleph Alpha in Strategic Sovereign AI Alliance.

April 25, 2026 at 4:06 PM
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Citigroup Aggressively Targets AI Data Center Infrastructure to Challenge Wall Street Dominance
Image Source : markets.financialcontent.com
Technology•
April 13, 2026 at 9:36 AM

Citigroup Aggressively Targets AI Data Center Infrastructure to Challenge Wall Street Dominance.

Citigroup is scaling its financing efforts for AI infrastructure, establishing a specialized team to challenge major competitors like JPMorgan and Goldman Sachs in the rapidly growing data center market.

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Economy

Global Financial Institutions Unite to Mitigate Economic Impact of Iran Conflict.

April 1, 2026 at 6:25 PM

Major global entities, including the IMF, World Bank, and IEA, have launched a collaborative initiative to address the economic and energy-related consequences arising from the ongoing war in Iran.

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Global Financial Institutions Unite to Mitigate Economic Impact of Iran Conflict
Image Credit : usnews.com