Business

Sri Lanka Inflation and Growth to Both Slow Over Rest of Year

Sri Lanka’s inflation is expected to slow back toward the central bank’s target of 5% over the second half of this year and into next year, according to Governor Nandalal Weerasinghe.

SUNU moves to rejig board, accelerates growth

SUNU moves to rejig board, accelerates growth

SUNU Assurances Nigeria Plc seeks shareholder approval for board and audit changes, including new directors and auditors, to accelerate growth in Nigeria’s Read More: https://punchng.com/sunu-moves-to-rejig-board-accelerates-growth/

How has John Lee’s promise of a ‘new chapter’ for Hong Kong held up?

South China Morning Post

How has John Lee’s promise of a ‘new chapter’ for Hong Kong held up?

It made perfect sense for Hong Kong Chief Executive John Lee Ka-chiu to hold public consultations on both the city’s first five-year plan and the last policy address of his current term at the same time. Many have been putting forward…

South China Morning Post

Philippine Daily Inquirer

Cebu port mulls hiking cargo handling fees

Philippine Daily Inquirer

Cebu port mulls hiking cargo handling fees

CEBU CITY, Philippines – Due to the surge in fuel prices, there is a plan to increase fees for handling domestic cargo. The Cebu Port Authority (CPA) on Aug. 14 conducted a public consultation on the proposal to impose a 25 percent…

Olympus boss tries to beat buyout firms at their own game

Olympus boss tries to beat buyout firms at their own game

Bob White adopts private equity-style tactics to deflect takeover interest and boost share price

Trump Says He’s Curtailing Drills With South Korea

President Donald Trump said he told the Pentagon to “substantially reduce” joint military exercises with South Korea, citing the cost of the drills and the signal they send to North Korea. Bloomberg's John Herskovitz breaks down the…

CXMT’s Rise to China’s Most Valuable Firm Heralds New Tech Era

CXMT Corp.’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions.

Alibaba to Sell Gaming Arm for $1.5 Billion in Boost to AI Pivot

Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI.

The next China shock will come from open-source AI

The next China shock will come from open-source AI

Countries adopting Chinese models will also absorb Chinese standards and governance

Sri Lanka Central Bank: Inflation to Come Down

Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank’s target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on…

CBN boosts FX interventions to $953m as demand rebounds

CBN boosts FX interventions to $953m as demand rebounds

The Central Bank of Nigeria significantly boosted its FX interventions to $953m in March 2026, responding to increased demand and supporting market liquidi Read More…

CIBN tasks banks on deeper MSME lending as yields decline

CIBN tasks banks on deeper MSME lending as yields decline

The CIBN tasks Nigerian banks to deepen MSME lending as government securities yields decline, ensuring sustained profitability and economic growth. Read More: https://punchng.com/cibn-tasks-banks-on-deeper-msme-lending-as-yields-decline/