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Oil prices extended losses on Thursday as investors weighed the prospects for a Middle East peace deal that could ease supply concerns and pave the way for the gradual reopening of the Strait of Hormuz. MORE..

7 May 2026 (5:35 PM)

Iran said on Wednesday it was reviewing a U.S. peace proposal that sources said would formally end the war while leaving unresolved the key U.S. demands that Iran suspend its nuclear program and reopen the Strait of Hormuz. MORE..

7 May 2026 (7:50 AM)

A Municipal Councillor representing the National People s Power (NPP) in the Kurunegala Municipal Council, B. W. Premachandra, has resigned from his position. MORE..

7 May 2026 (11:04 AM)

A group of foreign nationals accused of engaging in financial scams while staying in the country in violation of visa conditions has been arrested in separate raids carried out in Colombo and Matara, according to Sri Lanka Police. MORE..

7 May 2026 (10:24 AM)

An Amber advisory has been issued by the Department of Meteorology for severe lightning in the Central, Sabaragamuwa, Uva, North-Central, North-Western, Southern, Western, Eastern provinces and Vavuniya district. MORE..

7 May 2026 (3:06 PM)

A South Korean appeals court on Thursday cut the jail sentence for former Prime Minister Han Duck-soo to 15 years from 23 years over his role in ex-President Yoon Suk Yeol s brief imposition of martial law in 2024. MORE..

7 May 2026 (1:41 PM)