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Wall St futures, dollar drop amid US tariff tumult

Reuters – Wall Street futures and the dollar slid in Asia on Monday as confusion over U.S. tariffs revived the “sell America” trade, while confidence in the entire AI sector was set to be tested by results from tech-diva Nvidia this week. Gold gained and oil prices eased ahead of another round of talks between…

(0)Comments | February 23, 2026 9:25 am

EU says it will accept no increase in US tariffs after Supreme Court ruling: ‘a deal is a deal’

Reuters – The European Commission demanded on Sunday that the United States stick to the terms of an EU-U.S. trade deal reached last year, after the U.S. Supreme Court struck down Donald Trump’s global tariffs and he responded with new levies across the board. The Commission, which negotiates trade policy on behalf of the 27…

(0)Comments | February 23, 2026 9:10 am

CSE and NCCSL Partner to Advance Capital Market Development and Business Growth

The Colombo Stock Exchange (CSE) and The National Chamber of Commerce of Sri Lanka (NCCSL) signed a Memorandum of Understanding (MoU) as part of a broader initiative to advance Sri Lanka’s capital market development and foster the growth of businesses across the country. The MoU was signed on 18th February 2026, bringing together the leadership…

(0)Comments | February 23, 2026 8:35 am

After court ruling, Trump says US global tariff rate will rise from 10% to 15%

Reuters – President Donald Trump said on Saturday he will raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law, after the U.S. Supreme Court struck down his previous tariff program. The move came less than 24 hours after Trump announced a 10% across-the-board…

(0)Comments | February 22, 2026 9:24 am

Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy

Reuters – U.S. President Donald Trump responded with fury to Friday’s Supreme Court ruling that he lacked the power to unilaterally set tariffs on imports, denouncing individual justices as he vowed to continue a global trade war that has kept the world on edge for a year. Saying he was undeterred by what he repeatedly…

(0)Comments | February 21, 2026 12:34 pm

EPF, ETF Contributions Proposed for Private Bus Drivers and Conductors, Three-Wheeler and App-Based Drivers

The Ministerial Consultative Committee on Transport, Highways and Urban Development approved two Extraordinary Gazette Notifications issued under the Motor Traffic Act (Chapter 203). Accordingly, approval was granted for the Regulations relating to the revision of fees for driving licences published in Extraordinary Gazette No. 2463/04, and for the Regulations relating to the extension of the…

(0)Comments | February 20, 2026 7:03 pm

Mattala to Be Positioned as Tourism Gateway, Says Sri Lanka Tourism Chairman

The future development and positioning of Mattala Rajapaksa International Airport is being pursued through a joint marketing and operational strategy aimed at attracting more airlines and strengthening its role as a tourism gateway, according to Buddhika Hewawasam, Chairman of the Sri Lanka Tourism. Speaking at a media briefing yesterday (19), Hewawasam said the absence of…

(0)Comments | February 20, 2026 6:06 pm

Sri Lanka Culinary Journey adds flavor to the Shanghai festivity

Consulate General of Sri Lanka, in association with the Pudong Shangri-La Shanghai, successfully concluded the first Sri Lankan Food Festival held from 9 to 13 February 2026, on the sidelines of the celebrations to commemorate the 78th Anniversary of the National Independence Day of Sri Lanka. Ambassador of Sri Lanka to China, Majintha Jayesinghe, together with…

(0)Comments | February 20, 2026 5:47 pm

CSE Slips for Second Day with Broad-Based Decline

The stock market closed lower for the second consecutive day today (20), with both indices at the Colombo Stock Exchange recording losses. The All Share Price Index (ASPI) dropped 96.43 points, while the S&P SL20 Index fell 21.72 points. At the close of trading, the ASPI stood at 23,773.64, and the S&P SL20 at 6,721.47….

(0)Comments | February 20, 2026 4:40 pm

President Holds Bilateral Talks with Indian Prime Minister

President Anura Kumara Dissanayake, who is in New Delhi to attend the AI Impact 2026 Summit, met Indian Prime Minister Narendra Modi today (20) at Hyderabad House in New Delhi. The Indian Prime Minister extended a warm welcome to President Anura Kumara Dissanayake and expressed his appreciation for accepting the invitation to participate in the…

(0)Comments | February 20, 2026 4:22 pm

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