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Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran. MORE..

6 May 2026 (8:01 AM)

US President Donald Trump said on Tuesday (May 5) that the US operation to reopen the Strait of Hormuz, dubbed �Project Freedom�, will be paused for a short period to see whether an agreement with Iran can be finalised and signed, although a blockade on Iranian ports will remain in force. MORE..

6 May 2026 (6:54 AM)

The price of gold in the local market has increased significantly, following a spike in prices in the international market. MORE..

6 May 2026 (2:04 PM)

The special commodity levy imposed on imported maize has been increased to Rs. 50 per kilogram. MORE..

6 May 2026 (1:04 PM)

A close associate of an organized criminal believed to be hiding overseas has been arrested in possession of 54 T-56 firearm bullets and a magazine, police said. MORE..

6 May 2026 (7:18 AM)

The Colombo High Court has fixed June 17 to hear the corruption case filed against former Minister Kumara Jayakody by the Commission to Investigate Allegations of Bribery or Corruption. MORE..

6 May 2026 (1:22 PM)