Markets

Sri Lankan rupee edges down on importer dollar demand; stocks up

Nov 23, 2016 (Reuters) – The Sri Lankan rupee fell slightly on Wednesday due to dollar demand from importers on fears that U.S. President-elect Donald …

Sri Lankan rupee weaker on importer dollar demand; stocks down

Nov 22, 2016 (Reuters) – The Sri Lankan rupee was trading weaker on Tuesday due to dollar demand from importers on fears that the U.S. President-elect Donald …

Asian stocks ride Wall St rally, oil extends gains

HONG KONG, Nov 22 (Reuters) – Asian stocks rose on Tuesday in the wake of solid gains in U.S. markets overnight, while the Japanese yen briefly …

Sri Lankan rupee falls; IMF loan caps losses

Nov 21, 2016 (Reuters) – The Sri Lankan rupee was trading slightly weaker on Monday on worries capital outflows would increase as incoming U.S. President …

Asian shares on the defensive as U.S. yields, dollar rise

TOKYO, Nov 21 (Reuters) – Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. …

Sri Lankan rupee edges down on capital outflow fears

Nov 18, 2016 (Reuters) – The Sri Lankan rupee fell on Friday on persistent worries of capital outflows as incoming President Donald Trump’s policies …

Dollar soars on U.S. yield gains,Asian shares wobbly

TOKYO, Nov 18 (Reuters) – The dollar vaulted to 13 1/2-year highs against a basket of major currencies as U.S. bond yields rose, leaving Asian …

SEC eases minimum public float rule; 6-month grace period to comply

Nov 17, 2016 (LBO) – Sri Lanka’s securities regulator has decided to revise the minimum public float requirements to provide listed public companies with a …

Dollar edges away from 13-year peak, Asian stocks slip

TOKYO, Nov 17 (Reuters) – The dollar edged away from a 13-year peak on Thursday, following an easing of the week-long surge in Treasury yields …

Sri Lankan rupee falls on capital outflow fears; stocks weaker

Nov 16, 2016 (Reuters) – The Sri Lankan rupee was marginally weaker on Wednesday on fears that higher interest rates in the U.S. under incoming President …

Asia shares win reprieve as bond rout pauses for now

TOKYO, Nov 16 (Reuters) – MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade on Wednesday, bouncing …

Sri Lankan rupee eases on importer dlr demand

Nov 15, 2016 (Reuters) – The Sri Lankan rupee was slightly weaker on Tuesday on importer dollar demand and in line with declines in emerging market …

Asia stocks under pressure as dollar hovers near 14-year high

HONG KONG, Nov 15 (Reuters) – The U.S. dollar hovered near on a 14-year high on Tuesday and Treasury yields extended their rise as investors …

Sri Lanka foreign reserves drop by USD395mn in Oct: Central Bank

Nov 11, 2016 (LBO) – Sri Lanka’s official reserves dropped 394.6 million US dollars to 6.1 billion dollars in October, down from 6.5 billion dollars at the …

Sri Lanka to introduce new law protecting foreign reserves

Nov 11, 2016 (LBO) – Sri Lanka has proposed to introduce a new Foreign Exchange Act to protect foreign reserves from irregular transactions. Finance Minister …

Sri Lankan rupee weaker as regional currencies drop

Nov 11, 2016 (Reuters) – The Sri Lankan rupee edged down on Friday, in line with a selloff in emerging market currencies, as investors feared higher U.S. …

Asian shares dip, soaring US bond yields rattle emerging markets

TOKYO, Nov 11 (Reuters) – Asian shares dipped while the dollar strengthened broadly on Friday as U.S. bond yields soared on expectations U.S. …

U.S. markets rally after fears over Trump

Nov 10, 2016 (LBO) – US share markets rose on Wednesday shrugging off concerns that a Donald Trump presidential victory was bad for Wall Street. The Dow …

Dollar spooked in Asia as US polls too close to call

SYDNEY, Nov 9 (Reuters) – Asian markets were on tenterhooks on Wednesday as early state exit polls in the U.S. presidential election showed wins for both …