Sri Lanka business and economy news as it breaks from Lanka Business Online

Fri, 24 May 2013 09:42:07

European stocks dive after Tokyo plunge

May 23 17:00:06

LONDON, May 23, 2013 (AFP) - European stock markets slumped on Thursday, with most indices losing more than 2.0 percent after Tokyo shares plunged owing to weak Chinese data and signs that the US Federal Reserve may soon taper massive stimulus measures, analysts said.

Sri Lanka stocks close up 0.4-pct

Sri Lanka's Watawala Plantations in profits with palm oil

Sri Lanka's Dimo in the red in March quarter

Strong Dollar : Oil prices falls on hopes that US Fed will end excessive money printing

Energy Strike : Sri Lanka should have more strikes to boost attendance: minister

Data Protection : Twitter tightens security after high-profile breaches

Crude Plan : Sri Lanka to re-start refinery on May 24

Confused Moves : Bernanke double talk props up dollar

Limo Talk : Sri Lanka will not buy new limos for CHOGM: minister

Trading : Sri Lanka stocks close up 0.3-pct

Super Fast : Sri Lanka Telecom soft launches very high speed VDSL2

New Chief : Sri Lanka based MillenniumIT appoints new chief

Equine Massacre : Australia set to cull 10,000 wild horses

RECENT NEWS

Project Loans : Sri Lanka in deal for US$580mn from China Development Bank

Psychographics : Sri Lanka web search, Youtube viewing zooming: Google

Finance Rating : Sri Lanka's Melsta Regal Finance rated 'A+(lka)': Fitch

Liquid Rule : Sri Lanka gilt edged funds approved as liquid assets for banks

Trading Wednesday : Sri Lanka stocks close down 0.3-pct

Bill Auction : Sri Lanka Treasuries yields steady

Fund Rating : Sri Lanka's Ceylon Gilt Edged Fund rated 'AAA(lka)' by Fitch

Investment Brands : Sri Lanka conglomerates are investment brands

Oversubsribed : Singer Sri Lanka debentures oversubscribed

Brands Live : Sri Lanka branding forum kicks off in Colombo

IN BRIEF

Seral Stage

Making it Fit

IN VIEW

Art Location

Partner Award

ECONOMY

Strong Dollar : Oil prices falls on hopes that US Fed will end excessive money printing

Energy Strike : Sri Lanka should have more strikes to boost attendance: minister

FINANCE

Finance Rating : Sri Lanka's Melsta Regal Finance rated 'A+(lka)': Fitch

Stable Rating : Sri Lanka HNB 'AA-(lka)' rating confirmed, pawning slowed: Fitch

Overnight Rates

Now Last Week

3 mon 8.75

6 mon 9.91

12 mon 10.84

2 years - -

3 years - -

Source: CBSL

Today Yesterday

SLIBOR 9.03 9.02

Call 9.00 9.00

Source: CBSL

Close

ASPI 6,488.85

0.42

S&PSL20 3,666.04

0.06

Midcap 8,076.20

0.00

Sales 556,042,737

Source: CSE

SL Rs... SL Rs.

$ 127.87 127.85

192.54 194.17

164.79 165.84

1.2456 1.2535

CBSL ( Com. bank selling)

World Pulse

Taking Stock: European stocks dive after Tokyo plunge

Inflationism: Ordinary Japanese suffer pain of loose policy; trade gap widens

CHOICES

Electricity tariff 2013: Forward or backward step for regulation

Reimagining public transport in Sri Lanka

THRIFT COLUMN

Maggie Thatcher, slayer of high inflation and expropriation, dies

Sri Lanka's demand for fiscal funding from IMF is not relevant: fuss-budget

ANALYSIS

Negative Fallout: Sri Lanka SOE losses hurt investment and jobs: IMF

Harmonious: Sri Lanka fiscal and monetary authorities in harmony: officials

READER COMMENTS

Energy Strike(1): What an irresponsible statement for supposed...

Confused Moves(1): The Fed must QE or the US economy will...

Choices(3): We have the potential for extraordinary...

Come Hither(1): This is a great initiative, We have been...

No More(2): We just took a another giant step towards...

Data Standards(2): The only one who loses out on a non...

Trade Standards(1): Just go to Udunuwara, Welamboda, Watadeniya,...

Tariff Proposals(8): I agree with Roy about the comment on the...

MOST POPULAR

Holding

Subsidies

Water Pressure

Coal Plant

Fixed Price

EDITOR'S PICK

Margin Matter

Rail Waste

Tough Going

Higher Priority

Travel Surge

SPORTS

Gaming Error: Indian cricketer Sreesanth held for spot-fixing

Teen Search: Allianz seeks Sri Lankan teens for football camp in Germany

SOUTH ASIA

Wage Unrest: Unrest erupts in Bangladesh's troubled garment hub

Rapproachment: Visiting Chinese PM vows to build trust with India

INDO CHINA

Taking Stock: European stocks dive after Tokyo plunge

Limo Talk: Sri Lanka will not buy new limos for CHOGM: minister

Super Fast: Sri Lanka Telecom soft launches very high speed VDSL2

Liquid Rule: Sri Lanka gilt edged funds approved as liquid assets for banks