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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)

The US military fired on an Iranian oil tanker in the Gulf of Oman on Wednesday as US President Donald Trump intensified pressure on Tehran to reach a deal ending the war. MORE..

7 May 2026 (8:24 AM)

The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has once again refiled a case before the Colombo High Court against former Central Bank Governor Ajith Nivard Cabraal...MORE..

7 May 2026 (4:12 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 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)

The indigenous leader of Rathugala, Danigala Maha Bandalage Suda Wannila Aththo, has passed away at the age of 62. MORE..

7 May 2026 (12:03 PM)