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  1. Sri Lanka Cuts Key Rate to Spur Growth After Terror Attacks

    Bloomberg via Yahoo FinanceMay 31 2:16 AM

    Governor Indrajit Coomaraswamy lowered the standing lending facility rate to 8.5% from 9%, the Central Bank of Sri Lanka said in a statement in Colombo on Friday. Key InsightsInflation ...

  2. India, Sri Lanka agree to step up anti-terrorism efforts

    Associated Press via Yahoo FinanceJun 09 13:14 PM

    Indian Prime Minister Narendra Modi paid homage Sunday to the more than 250 Sri Lankans killed in the Easter suicide bombings, and agreed with Sri Lanka's leaders to step up cooperation ...

  3. India will enhance its commitment to Sri Lanka in the wake of suicide attacks on churches and hotels that killed more than 250, India's foreign secretary Vijay Gokhale said on Thursday ...

  4. Maybe Africa Really Will Be the New China

    Bloomberg via Yahoo FinanceJun 03 11:30 AM

    Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such ...

  5. Sri Lanka stocks slip in thin trade; rupee edges up

    Reuters via Yahoo FinanceMay 27 11:31 AM

    Sri Lankan shares fell for the second straight session on Monday in thin trading volume amid worries over economic slowdown and lack of investor appetite for risky assets. ** Traders said the ...

  6. Sri Lanka stocks snap 2 days of falls; rupee edges lower

    Reuters via Yahoo FinanceMay 28 11:57 AM

    ...consecutive sessions of falls on Tuesday in high turnover, led by Hatton Plantations Plc, while the rupee closed slightly weaker. ** Traders said the Easter day bombings and aftermath violence, and worries over slowing economic growth weighed on investor sentiment. ** Sri Lanka is unlikely to hit its full-year economic growth target of 3-4% following the Easter Sunday bombings, junior finance minister Eran Wickremeratne told Reuters last week.

  7. Indian Prime Minister Narendra Modi is set to name Amit Shah, the chief of his Hindu nationalist Bharatiya Janata Party (BJP), as the country's new finance minister after taking his oath of ...

  8. Interest rate cuts by emerging market central banks outstripped rate hikes for a fourth straight month in May, taking their cue from the dovish turn of major central banks as fears over the ...

  9. Sri Lanka stocks gain on hope of rate cut; rupee weaker

    Reuters via Yahoo FinanceMay 30 12:07 PM

    ...weaker on mild importer dollar demand, market sources said. ** The central bank is widely expected to cut its key interest rates at a meeting on Friday, a Reuters poll showed, to support the economy after tourism and investment plummeted in the wake of Easter Sunday bombings. ** Sri Lanka is unlikely to hit its full-year economic growth target of 3-4% following the Easter Sunday bombings, junior finance minister Eran Wickremeratne told Reuters last week.

  10. Sri Lanka stocks gain, rupee steady on hope of rate cut

    Reuters via Yahoo FinanceMay 29 12:05 PM

    ...the central bank later this week, market sources said. ** The central bank is widely expected to cut its key interest rates at a meeting on Friday, a Reuters poll showed, to support the economy after tourism and investment plummeted in the wake of Easter Sunday bombings. ** Sri Lanka is unlikely to hit its full-year economic growth target of 3-4% following the Easter Sunday bombings, junior finance minister Eran Wickremeratne told Reuters last week.

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