Anura Kumara Dissanayake

Sri Lanka’s National People’s Power Coalition Surges to Victory in Snap Election

In Sri Lankan politics, President Anura Kumara Dissanayake’s National People's Power (NPP) coalition claimed a decisive victory in the country’s snap general election, securing a majority in parliament. The win signals a strong mandate for Dissanayake’s policies aimed at lifting...
UK Chancellor Rachel Reeves

U.K. Chancellor Vows to Fight for Free Trade Amid U.S. Tariff Threats and Brexit Complications

U.K. Chancellor of the Exchequer Rachel Reeves reaffirmed her commitment to free and open trade with major global economies, including the United States, during her first Mansion House speech on Thursday. Reeves emphasized that she will “always do what is...
Asian Stock

Asian Equities Rally Amid Signs of Stabilization in China’s Economy and Dollar Weakness

Asian equities witnessed a notable rally on Friday, buoyed by signs of economic stabilization in China and a retreat in the US dollar. The Hong Kong Hang Seng and Australia’s S&P/ASX 200 advanced on data indicating the highest growth in...
China Economic

China’s Economy Shows Signs of Stabilization Amid Stimulus Measures

China’s economy displayed signs of stabilization last month, supported by a resurgence in retail sales growth, which reached its highest level in eight months. The uptick suggests that the latest round of economic stimulus policies introduced by Beijing may be...
China Economic

China’s Economic Growth Slows Despite Policy Support, as Retail Sales Surpass Expectations

China’s economic landscape in October presented a mixed picture, underscoring the world’s second-largest economy's persistent struggle to gain momentum despite the government’s recent wave of support measures. Industrial output growth decelerated slightly while retail sales growth, buoyed by shopping festivals...
US department of the treasury

US Treasury Adds South Korea to Currency Monitoring List, Maintains Close Watch on China, Japan, and Germany

The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...
Parliament of Australia

Australia’s Push to Ban Social Media for Under-16s: A Political Promise, Practical Dilemma

The Australian government is taking bold steps to protect children from the potential harms of social media. A new proposal aims to restrict access to platforms like X, TikTok, Facebook, and Instagram for those under 16, sparking a heated debate...
Japanese Markets

Japan’s Economy Posts Modest Growth Amid Consumer Resilience and Export Gains

Japan’s economy managed to post a modest annual growth rate of 0.9% for the July-September period, as consumer spending held steady, government data revealed on Friday. Despite global economic uncertainties and domestic challenges, the world’s fourth-largest economy recorded a 0.2%...
ATM

Australia’s Findi Reaches New Heights with Acquisition of Tata Communications’ Payment Solutions Unit

Shares of Findi Ltd., an Australia-based fintech services provider, surged to their highest levels in more than 20 years following the announcement of a landmark acquisition of Tata Communications Payment Solutions Ltd., an India-based payments technology and ATM service unit....
UN nuclear watchdog chief Rafael Grossi in Tehran

Iran Stands Firm Amid Nuclear Negotiations: UN Talks as Trump’s Return Looms

In a high-stakes diplomatic meeting on Thursday, Iranian Foreign Minister Abbas Araghchi declared that Iran would not negotiate under "intimidation" regarding its nuclear program, setting a determined tone in discussions with Rafael Grossi, the head of the United Nations' International...
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