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Israel and Lebanon agreed to a 45-day extension of a ceasefire that has tamped down the conflict between Israel and Iran-backed Hezbollah in southern Lebanon, as two days of talks facilitated by Washington concluded on Friday with an agreement to hold further meetings in the coming weeks. MORE..

16 May 2026 (8:33 AM)

Oil prices gained more than 3% on Friday, after comments by U.S. President Donald Trump and Iran s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait of Hormuz. MORE..

16 May 2026 (8:59 AM)

The Ministry of Finance, Planning and Economic Development of Sri Lanka has officially announced the implementation of a temporary 50% surcharge on applicable Customs Import Duty for specified imported goods. MORE..

16 May 2026 (11:55 AM)

India and the United Arab Emirates agreed the framework for a strategic defence partnership on Friday, the Indian foreign ministry said, as they seek to deepen ties amid the Iran war. MORE..

15 May 2026 (10:48 PM)

Economists warn that if the Sri Lankan rupee continues to depreciate, fuel prices, electricity and water tariffs, as well as the prices of goods and services, could increase in the future.MORE..

15 May 2026 (11:05 PM)

US President Donald Trump has cautioned Taiwan against formally declaring independence from China.MORE..

16 May 2026 (8:21 AM)