Fitch Ratings has taken the following actions on the National Long-Term Ratings of eight Sri Lankan banks following recalibration of the agency's Sri Lankan national rating scale in the wake of the recent sovereign rating upgrade:

Cryptocurrency exchange Binance has officially initiated asset recovery efforts and reserved over $6.34 billion of its own company funds to fully cover user losses following a recent incident. Working alongside law enforcement agencies, blockchain intelligence firms, token issuers, and industry

Hackers stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a record theft that analysts pinned on North Korea and said could shake faith in digital assets.

Allianz has once again been recognized as the world’s most valuable insurance brand, securing this distinction for the eighth consecutive year in Interbrand’s Best Global Brands 2026 ranking. The Allianz brand reached a record value of USD 30.7 billion, increasing by 9% year-on-year

Sri Lanka’s urban consumer price inflation picked up pace in October 2026, reaching 8.3% on a year-on-year (Y-o-Y) basis, up from 8.0% in September 2026, according to official data released by the Department of Census and Statistics (DCS).

The Government of Sri Lanka, in partnership with the World Bank Group and the International Fund for Agricultural Development (IFAD), today announced the launch of the Sri Lanka AgriConnect Joint Implementation Plan, a coordinated effort to transform the country’s agrifood sector, create jobs,