Sri Lankan President Wickremesinghe's reelection bid hinges on economy
President Ranil Wickremesinghe charted a path for Sri Lanka out of its worst financial crisis in decades, but the austerity measures that were key to this recovery may hinder his bid to return to his job in Saturday's presidential election.
Sri Lanka president did not scrap re-election bid days before poll
Sri Lanka's President Ranil Wickremesinghe did not scrap his re-election campaign days before the bankrupt nation voted in the first poll since its economic collapse, contrary to claims spread online.
Sri Lanka presidential elections: What's at stake for India and China
Sri Lanka is preparing for its first national election since the financial default of 2022. Scheduled for September 21, 2024, this pivotal election features over 30 candidates, including President Ranil Wickremesinghe and opposition leader Sajith Premadasa.
Premadasa, son of slain Sri Lanka president, now in contest for same role
Sajith Premadasa, the leader of Sri Lanka's main opposition party, is a frontrunner in Saturday's presidential election and a win will hand him the top job more than 30 years after his father was assassinated while holding the same post.
Sri Lanka to hold polls amid financial crisis
Sri Lanka will vote for its next president Saturday in an effective referendum on an unpopular International Monetary Fund austerity plan enacted after the island nation's unprecedented financial crisis.
Asian Creators Redefine Success in the Creator Economy
John Hu, CEO & Founder of Stan, wins Startup of the Year award at the inaugural Asian Creator Awards. Andrew Ge. On September ...
China's flagging economy — and Kanye West — give each other a helping hand
The American rapper's unexpected China concert boosted local spending, which the government desperately needs but has ...
Voters split on whether Harris or Trump would do a better job on the economy: poll
Going into November’s election, neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, ...
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
PM accused of 'disheartening' economy messaging
The UK government is creating a "disheartening and dispiriting" atmosphere with its gloomy messages on the economy and public ...
What the Fed’s Big Rate Cut Reveals About the Economy
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield needs to move lower.
American voters equally split on whether Harris or Trump is better for the economy, as Republican advantage fades
About 4 in 10 registered voters say Republican Trump would do a better job handling the economy, while a similar number say ...
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dockworkers and ports must ...
Wharton Business School Shoots Down Harris' Claim She'll Strengthen Economy
"We did not find a positive impact on the economy from her plan in any future year," a Penn Wharton Budget Model spokesperson ...
So we’re expecting a rate cut. When will we start to see a difference in the economy?
If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.