COP29 draft deal proposes $1T climate finance
The COP29 UN climate summit unveiled a draft deal Thursday in Baku, proposing at least $1 trillion in annual…
Sri Lanka’s industrial production surges 2.4% YoY in Q3
Sri Lanka's industrial production witnessed a 2.4 per cent year-on-year growth in the third quarter of 2024.
FRA launches innovation sandbox for non-banking sector
The Financial Regulatory Authority (FRA) introduced a new regulatory sandbox on Thursday to encourage innovation in…
US hedge funds flock to Chinese stocks
US hedge funds have increased their investments in US-listed Chinese companies in the third quarter, with JD.com…
Norway’s economy grows, surpasses estimates
Norway's economy grew more than previously estimated in 2022, as productivity increased more than initially…
Japan prepares $89.7b stimulus package to combat inflation
Japan is considering allocating 13.9 trillion yen ($89.7 billion) from its general account for a new stimulus…
Sri Lanka’s inflation rate dips to -0.7% in Oct.
Sri Lanka's National Consumer Price Index (NCPI) recorded a year-on-year inflation rate of -0.7 per cent in October…
Sri Lanka awaits IMF approval for crucial bailout fund
Sri Lanka's President is optimistic about an IMF agreement on the country's bailout programme.
France’s business climate deteriorates in Nov. ’24
France's business climate indicator fell by one point to 96 In November 2024, reflecting a darkening outlook across…
Zohr gas field to resume full operation by late ’24 – PM
Egypt's Zohr gas field is set to restore its production capacity following a resolution to financial issues that…
