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Local News

Sri Lankan Markets See Mixed Performance: Rupee Slides and Stock Indices Slip.

May 19, 2026 at 12:42 PM

On May 19, 2026, the Sri Lankan Rupee faced downward pressure against the US Dollar, while bond yields saw a broad increase across maturities. Simultaneously, the Colombo Stock Exchange (CSE) ended the day in negative territory despite an early-session rally.

10 sources

Local News

Image Source : magzter.com

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.

May 18, 2026 at 4:07 AM

18 sources

Business

HNB Life Achieves Remarkable 54% Growth in Q1 2026.

HNB Life has reported a strong start to 2026, recording a 54% surge in Gross Written Premium (GWP) to Rs. 7.01 billion, following a successful corporate rebranding strategy.

May 18, 2026 at 12:07 AM

10 sources

Local News

Nations Trust Bank Records Strong Financial Growth in First Quarter of 2026.

Nations Trust Bank reported a 12% year-on-year increase in Profit After Tax (PAT) to LKR 4.6 billion for the first quarter of 2026, driven by stable margins and effective risk management.

May 15, 2026 at 11:54 PM

8 sources

Big Tech Shifts to Debt Markets to Fuel Massive AI Infrastructure Ambitions

Image Source : edgen.tech

Technology•

May 15, 2026 at 4:20 AM

Big Tech Shifts to Debt Markets to Fuel Massive AI Infrastructure Ambitions.

Major technology giants, including Amazon, Alphabet, and Oracle, are increasingly turning to bond markets to fund their skyrocketing capital expenditures on AI infrastructure, departing from their historical reliance on cash reserves.

10 sources

Finance

Nations Trust Bank Posts Strong Start to 2026 with 12% Profit Growth.

May 15, 2026 at 3:11 AM

Nations Trust Bank (NTB) reports a solid 12% growth in Profit After Tax to LKR 4.6 billion for Q1 2026, driven by a 10% increase in loan growth and strategic portfolio expansion, including the acquisition of HSBC's retail business in Sri Lanka.

10 sources

Business

Image Source : marketbeat.com

Sysco Q3 FY2026 Results: Record Volume Growth Faces Market Headwinds.

May 14, 2026 at 6:06 AM

7 sources

Technology

Rivian Spinoff Mind Robotics Secures $400 Million to Advance AI-Driven Automation.

May 13, 2026 at 4:45 PM

10 sources

Politics

President Trump Departs for Beijing Summit: Navigating Trade and Middle East Tensions.

President Donald Trump has embarked on a state visit to Beijing to meet with Chinese leader Xi Jinping. While trade remains the primary agenda, mixed signals regarding the role of Iran in their discussions persist.

May 12, 2026 at 9:23 PM

10 sources

Laugfs Power Expands Renewable Portfolio with New 2MW Hydro Facility

Image Source : espritgames.com

Local News•

May 11, 2026 at 11:54 AM

Laugfs Power Expands Renewable Portfolio with New 2MW Hydro Facility.

Laugfs Power has officially commissioned a 2MW mini-hydro power plant in Polpitiya, Ginigathhena, further strengthening its contribution to Sri Lanka's renewable energy sector.

4 sources

Local News

Kelani Valley Plantations Pioneers E-Waste Transformation into Sustainable Jewelry.

May 11, 2026 at 5:25 AM

Kelani Valley Plantations PLC has partnered with SPJ Creation to convert electronic waste into sustainable jewelry, marking a significant step toward circular economy practices in Sri Lanka's plantation sector.

9 sources

Business

Image Source : gulfnews.com

Trump Media & Technology Group Posts $400 Million Quarterly Loss Amid Crypto Volatility.

May 9, 2026 at 6:04 PM

9 sources

Technology

Image Source : strategy.transforml.co

Goldman Sachs Prioritizes Team Velocity Over Individual AI Tracking.

May 8, 2026 at 9:54 AM

8 sources

Local News

Image Source : srilankabiz.lk

Sri Lanka Financial Update: Rupee Faces Pressure Amid Stable Bond Yields.

May 6, 2026 at 4:30 AM

9 sources

US Labor Market Shows Resilience as Job Openings Stabilize and Hiring Increases

Image Source : kpmg.com

Economy•

May 5, 2026 at 2:13 PM

US Labor Market Shows Resilience as Job Openings Stabilize and Hiring Increases.

Recent data from the US Bureau of Labor Statistics indicates a stable labor market, with job openings slightly dipping to 6.87 million in March while hiring activity showed a notable rebound.

7 sources

Technology

The Forgotten Visionary: How Apple's Former Staff Dreamed of the iPhone Two Decades Early.

May 5, 2026 at 11:09 AM

Decades before the modern smartphone revolution, former Apple innovators conceptualized a 'Pocket Crystal'—a device remarkably similar to today's iPhone, envisioned as early as 1989.

10 sources

Local News

Image Source : lankatalks.com

Fuel Retailers Dispute CPC’s Profit Claims Amid Allegations of Margin Reductions.

May 4, 2026 at 3:07 AM

12 sources

Finance

Image Source : stockanalysis.com

Keystone Law Group Demonstrates Strong Financial Growth in Latest Reporting.

May 1, 2026 at 5:07 PM

10 sources

Technology

Struggling EV Maker Faraday Future Discloses Multimillion-Dollar Payments to Founder-Linked Firm.

April 30, 2026 at 7:01 PM

9 sources

Image Source : timesofindia.indiatimes.com

Finance•

April 30, 2026 at 8:07 AM

Hedge Fund Paloma Partners Initiates Staff Reductions Following Corporate Overhaul.

The $1.1 billion hedge fund Paloma Partners is shedding nearly a dozen roles, including senior strategy and marketing executives, as part of a post-revamp efficiency drive under CEO Ravi Singh.

9 sources