Murali-less Sri Lanka fancy Twenty20 title

Sept 5, 2007 (AFP) – Sri Lanka have the resources to win the world Twenty20 crown despite the absence of star off-spinner Muttiah Muralitharan, their captain said Wednesday before leaving for South Africa. Skipper Mahela Jayawardena said Sri Lanka, the top limited-overs team in Asia and World Cup finalists in the Caribbean in April, needed […]

‘s Chandana quits in disgust

Sept 5, 2007 (AFP) – All-rounder Upul Chandana, one of Sri Lanka’s 1996 world cup winning team, on Wednesday announced he had quit international cricket and accused the selectors of treating him shabbily.“I was hoping to get selected for the world cup after doing consistently well in domestic cricket. It did not happen and when […]

‘s central bank leaves rates on hold

SYDNEY, Sept 5, 2007 (AFP) – Australia’s central bank Wednesday left interest rates on hold for another month despite building price pressures, but analysts said another rise by year-end remained on the cards.The government’s handling of the booming economy is seen as one of its top vote-winners, but high interest rates are likely to hit […]

Official banquet for China but Taiwan dines alone

SYDNEY, Sept 5, 2007 (AFP) – When Chinese President Hu Jintao sits down to smoked chicken, prawns and lamb at a formal state banquet in Australia, it will be in stark contrast to the Taiwanese delegation’s APEC dinner.The Taiwanese held their dinner at a famous dim sum restaurant in Sydney’s Chinatown on Tuesday night and […]

Fast Links

Sept 05, 2007 (LBO) – Sri Lanka Telecom, the island’s dominant fixed phone operator, has increased bandwidth to accommodate rapidly growing high-speed broadband ADSL connections and plans a further expansion by December, an official said. But SLT cannot give telecom service level agreements (SLAs) guaranteeing ADSL performance as many factors determining service quality are beyond […]

Sri Lanka 3-month treasuries move up to 17.80%, rupee weaker

Sept 5, 2007 (LBO) – Sri Lanka’s 3-month Treasury bill yields moved up 15 basis points to 17.80 percent rolling over 9.3 billion rupees of debt on Wednesday’s auction, the government’s debt office said.The cut-off for the 3-month bill had moved to 17.95 percent, dealers said. The 6-month yield moved up 16 basis points to […]

Sri Lanka says reserve money on target, but domestic assets rise

Sep 04, 2007 (LBO) – Sri Lanka’s central bank said Tuesday reserve money growth is on target, but domestic assets in the monetary base continued to rise, indicating a further weakening of international reserve backing for the local currency. However analysts say Central Bank attempts to stabilize the economy has been undermined by a fiscal […]

Sri Lanka welcomes Indian Ocean naval drill

PORT BLAIR, India, Sept 4, 2007 (AFP) – A massive naval drill opens in the Indian Ocean on Tuesday with warships from the United States and four other nations flexing their muscle in one of the world’s busiest shipping lanes. Twenty-seven ships and submarines from the United States, Australia, Japan and Singapore will join seven […]

EU pressures Sri Lanka on rights abuses, Govt says only reacting to terror

Sept 04, 2007 (LBO) – The European Union has told Sri Lanka to ensure there are no more human rights abuses while the government has said its recent military actions were only to defend against Tamil Tiger terrorism. EU Commissioner for External Relations and European Neighbourhood Policy Benita Ferrero-Waldner has told Foreign Minister Rohitha Bogollagama […]

Sri Lankan cricketer Upul Chandana bows out

Sept 4, 2007 (AFP) – Sri Lankan all-rounder Upul Chandana has retired from international cricket amid speculation he will sign up with the breakaway Indian Cricket League, reports said on Tuesday.Chandana, 35, gave his decision to Sri Lanka Cricket (SLC) chief executive Duleep Mendis in a letter without specifying the reason for his retirement, the […]

EU commissioner tell governments to keep out of Central Bank decisions

MADRID, Sept 3, 2007 (AFP) – EU Economic and Monetary Affairs Commissioner Joaquin Almunia on Monday called on EU states to respect the independence of the European Central Bank (ECB) over monetary policy and setting interest rates.Also Monday, Almunia said he believed the current crisis in the US subprime mortgage market would not have a […]

Men and women look for different qualities in a mate: study

CHICAGO, Sept 3, 2007 (AFP) – The face of dating may have changed down the years, but the laws of attraction have not changed since the days of the Neanderthals, a study released Monday suggests.The women’s movement and the sexual revolution aside, it seems that men still seek out the most attractive women and women […]

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