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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)

President Anura Kumara Dissanayake has instructed officials to swiftly introduce all necessary reforms, including amendments to existing laws, in order to eliminate the drug menace from the country. MORE..

7 May 2026 (11:04 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 are edging toward a temporary agreement to halt their war, sources and officials said on Thursday, with Tehran reviewing a proposal that would stop the fighting but leave the most contentious issues unresolved. MORE..

7 May 2026 (11:25 PM)

The Federation of Renewable Energy Developers (FRED) warns that unless the Government steps in to resolve the financial crisis the industry is in due to the payment defaults by the National System Operator (Pvt) Limited (NSO), the domestic renewable energy sector faces a natural death. MORE..

7 May 2026 (6:22 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)