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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)

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 says American and Nigerian forces have killed the second-in-command leader of ISIS globally. MORE..

16 May 2026 (11:03 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)

Chinese President Xi Jinping will pay a state visit to the United States in autumn this year at the invitation of U.S. President Donald Trump, Chinese top diplomat Wang Yi said on Friday. MORE..

15 May 2026 (10:35 PM)

U.S. President Donald Trump said his patience with Iran was running out and that Chinese President Xi Jinping had agreed during their talks in Beijing that Tehran must reopen the Strait of Hormuz. MORE..

15 May 2026 (7:44 PM)