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The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on Year-on-Year basis, has increased to -0.7% in May 2025, compared to -2.0% in April 2025, according to the latest data released by the Department of Census and Statistics. MORE..

30 May 2025 (5:09 PM)

Asian shares were mostly lower Friday as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump s sweeping tariffs. MORE..

30 May 2025 (12:37 PM)

The U.S. plan for Gaza, seen by Reuters on Friday, proposes a 60-day ceasefire and the release of 28 Israeli hostages - alive and dead - in the first week, in exchange for the release of 1,236 Palestinian prisoners and the remains of 180 dead Palestinians. MORE..

30 May 2025 (9:49 PM)