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Sri Lanka is likely to spend more foreign exchange on vehicle imports in 2026 than initially anticipated, according to the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe. MORE..

18 May 2026 (11:22 PM)

The United States has agreed to suspend sanctions on Iranian oil exports during ongoing negotiations with Iran, the semi-official Tasnim news agency reported on Monday, citing a source familiar with the talks.

18 May 2026 (8:23 PM)

Iran sent a new peace proposal to the United States with terms that appeared similar to offers Washington has previously rejected, although a senior Iranian official told Reuters on Monday (May 18) that the US had softened its position on some issues. MORE..

18 May 2026 (11:55 PM)