Sri Lanka shares close lower
Sept 10, 2007 (LBO) – The Sri Lanka shares closed lower Monday after rising at the opening with interest in John Keells Holdings helping to improve …
Other
Japan’s economy shrinks, adding to global concerns
TOKYO, Sept 10, 2007 (AFP) - Japan's economy contracted in the second quarter of 2007 as firms cut spending on new factories and equipment, the government said …
Central bankers warn sub-prime crisis could hit whole US economy
BASEL, Switzerland, Sept 10, 2007 (AFP) - The crisis in the US housing market risks spreading to the whole of the nation's economy, European Central Bank chief …
Swann and Wright selected for Sri Lanka one-day series
LONDON, Sept 10, 2007 (AFP) - England have selected off-spinner Graeme Swann and all-rounder Luke Wright for their forthcoming one-day international tour of …
Prison Life
Sept 10, 2007 (LBO) – A Sri Lankan teenager Rizana Nafeek who is on death row is being treated well by her jailors and was hoping an appeal of her …
Contempt Order
Sept 10, 2007 (LBO) – The head of Sri Lanka's consumer authority has been ordered to resign by the Supreme Court over the implementation of a previous …
Oil price danger looms over OPEC meeting
VIENNA, Sept 10, 2007 (AFP) - OPEC oil ministers arrive in Vienna on Monday, under pressure to help combat high crude prices, which have surged to near-record …
Hafeez helps Pakistan stun Sri Lanka
JOHANNESBURG, Sept 9, 2007 (AFP) - Pakistan warmed up for the Twenty20 world championships with a five-wicket win over World Cup finalists Sri Lanka in a …
Sly Workers
Sept 9, 2007 (AFP) - Sri Lankan authorities have launched a crackdown on Indian nationals who arrive as tourists and stay on to work, an immigration official …
Britain sued over colonial rule and mistreatment of Indians in Malaysia
WASHINGTON, Sept 8, 2007 (AFP) - A Malaysian human rights lawyer has filed a four trillion dollar lawsuit against Britain for alleged atrocities suffered by …
Asia-Pacific summit pumps up brothel business
SYDNEY, Sept 9, 2007 (AFP) - Sydney brothels have had to import prostitutes from other states to get over a demand hump caused by security agents and delegates …
Sri Lanka, India to discuss new cricket league
Sept 8, 2007 (AFP) - A top Sri Lankan cricket official will attend a meeting of the Indian Cricket Board next week to discuss a new league being floated to …
Bunker Battle
Sept 08, 2007 (LBO) – A rival bunker supplier has joined the court action challenging the sale of Sri Lanka's then-bunkering monopoly, Lanka Marine …
Zimbabwe allows another price hike of goods, services
HARARE, Sept 7, 2007 (AFP) - The Zimbabwean government has authorised all retailers to raise prices by 20 percent, in a bid to to ease widespread shortages, …
US says Indian Ocean wargames not aimed at China, Iran
ON BOARD THE USS KITTY HAWK, Sept 7, 2007 (AFP) - A top US navy commander involved in Indian Ocean wargames said Friday the exercises were not aimed at sending …
Sri Lanka President wants latest cricketer retirement probed
Sept 8, 2007 (AFP) - Sri Lanka President Mahinda Rajapakse has asked the country's sports minister to investigate all-rounder Upul Chandana's hasty retirement. …
ECB, Bank of England hold rates steady, dollar weakens
NEW YORK, Sept 6, 2007 (AFP) - The dollar weakened against the euro and other currencies Wednesday after the European Central Bank opted to keep borrowing …
Australian drought threatens to push wheat prices higher
SYDNEY, (AFP) - Drought could wipe out Australia's wheat crop despite expectations that the country's worst dry spell for a century was easing, Trade Minister …
Sentenced
Sept 07, 2007 (LBO) - A Sri Lankan court Friday sentenced four directors of an export company that went bust several years ago to jail and imposed fines in the …
Money printing Zimbabwe devalues currency by a hundred fold
HARARE, 2007 (AFP) - The Zimbabwean government on Thursday announced a devaluation of its currency against the US dollar by more than a hundred fold in a bid …