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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)

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)

(UPDATED) The Colombo Magistrate s Court has issued an order to arrest and produce before the court the former Chief Executive Officer (CEO) of SriLankan Airlines, Kapila Chandrasena, who had been released on bail by the court two days ago. MORE..

7 May 2026 (4:09 PM)

The All Ceylon Restaurant Owners Association has decided to increase the prices of Fried Rice, Biryani, and Nasi Goreng by Rs. 25 with effect from midnight today (07). MORE..

7 May 2026 (2:16 PM)

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation returned to normal while the U.S. said it did not want to escalate. MORE..

8 May 2026 (7:54 AM)

A federal court ruled Thursday against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court. MORE..

8 May 2026 (8:08 AM)