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State Minister of Finance Shehan Semasinghe says that the government is confident of reaching resolution with commercial creditors and the private bondholders which will enable Sri Lanka to be a debt sustainable country, as the engagements with them are underway. MORE..

19 Apr 2024 (6:07 PM)

China has written off an unspecified amount of Zimbabwe s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap. MORE..

20 Apr 2024 (10:47 AM)

The 19-year-old Sri Lankan national charged in the mass killing of a newcomer family in Ottawa has no plan to seek bail, his lawyer says. MORE..

19 Apr 2024 (5:08 PM)

A man has set himself on fire outside the court in Manhattan where former President Donald Trump s hush-money trial is being held. MORE..

20 Apr 2024 (12:46 PM)

Oil slipped on Friday after prices spiked earlier on reports that Israel had attacked Iran as market fears of a major escalation to hostilities in the Mideast appeared to ease. MORE..

19 Apr 2024 (6:14 PM)

Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them. MORE..

19 Apr 2024 (3:19 PM)