Asiri Hospital to sell shares to Actis Investment, up stake in Central Hospital
Sep 19, 2015 (LBO) - Asiri Hospital Holdings will sell new shares to Actis Investment Holdings, a private equity firm, for 845. online pharmacy buy abilify …
Markets
Sri Lanka stocks close down 0.08-pct: JKH losses
Sep 18, 2015 (LBO) – Sri Lankan stocks closed down 0.08 percent on Friday with low investor activity and losses in John Keells Holding, brokers said. The …
Asian stocks mixed following Fed decision to hold rates
Sep 18, 2015 (LBO) - Asian markets traded mixed after the US Federal Reserve kept interest rates unchanged. Japan's Nikkei 225 index was down 1.5 …
Sri Lanka can attract Japanese companies, bank: ambassador
Sept 17, 2015 (LBO) - Sri Lanka has great potential to attract Japanese investors who are interested in investing in the island, and as a gateway to India and …
Sri Lanka’s Land Rover sees growing local demand
Sep 17, 2015 (LBO) –Land Rover’s sole authorized distributor in Sri Lanka, SML Frontier Automotive says that demand in the local market is growing at a …
Sri Lanka’s Dialog increases stake in wow.lk
Sep 16, 2015 (LBO) - Sri Lanka’s Dialog Axiata has increased its stake from 46 percent to one hundred percent in e-commerce website, wow. online pharmacy buy …
Sri Lanka stocks close down 0.2-pct; Banking and finance losses following CB directive
Sep 16, 2015 (LBO) – Sri Lankan stocks closed down 0.21 percent on Wednesday with losses in the banking and finance stocks following a Central Bank directive …
Bank of Japan holds rates flat despite economic contraction
Sept 16, 2015 (LBO) - The Bank of Japan held interest rates unchanged on Tuesday despite calls for further monetary policy easing from the central bank after a …
Sri Lanka stocks close down 0.14-pct: Lack of direction for investors
Sep 15, 2015 (LBO) – Sri Lankan stocks closed down 0.14 percent on Tuesday following with low investor sentiment and losses in index heavy stocks, brokers …
Wall Street deeply divided on this week’s rate decision
Sept 14, 2015 (LBO) - U.S. analysts are deeply divided on whether the Fed should increase rates on September 17, it's first rate hike in nearly a decade. Some …
Sri Lanka’s spending on dairy imports up 18-pct in 2014, exports drop 8-pct
Sep 11, 2015 (LBO) - Sri Lanka’s expenditure on dairy and dairy products imports rose by 18 percent from a year earlier to 44 billion rupees during 2014, a …
US DOJ issues new guidelines on corporate fraud prosecution
Sept 11, 2015 (LBO) - The U.S. Department of Justice says it would be better off focusing on individuals that commit corporate crimes rather than focus on …
Sri Lanka stocks close down 0.3-pct; Asian markets lower
Sep 10, 2015 (LBO) – Sri Lankan stocks closed down 0.32 percent on Thursday following losses in regional markets with telecom and beverage sector …
China’s stock crash a direct result of authoritarian policies: Razeen Sally
Sept 10, 2015 (LBO) - China's stock bubble and subsequent crash that sent shockwaves across the global economy is the direct result of authoritarian policies, …
Emerging market central bankers want Fed to raise rates: report
Sept 10, 2015 (LBO) - Central bankers in emerging markets want the US Federal Reserve to increase interest rates sooner rather than later to end market …
Sri Lanka stocks close up 0.8-pct; More retail activity
Sep 09, 2015 (LBO) – Sri Lankan stocks closed up 0.83 percent on Wednesday with index heavy and banking sector stocks showing gains, brokers said. The …
Sri Lanka stocks open up 0.2-pct as investor sentiment changes
Sep 09, 2015 (LBO) – Sri Lanka’s stocks opened 0.19 percent, Wednesday with investor sentiment changing and John Keells Holdings making gains in morning …
Stocks close down 0.3-pct; seven week low
Sep 08, 2015 (LBO) – Sri Lankan stocks closed down 0.35 percent on Tuesday on a seven week low with the losses in John Keells Holdings, brokers said. The …
Russia’s ruble collapse tied to energy prices, volatility to continue
Sept 08, 2015 (LBO) - Russia's ruble has lost 45 percent of its value this year tied to collapse in oil prices, and volatility is likely to continue, analysts …
Sri Lanka stocks close down 0.9-pct
Sep 07, 2015 (LBO) – Sri Lankan stocks closed down 0.91 percent on Monday for the second consecutive session amid notable depreciation in rupee with losses …