Sri Lanka’s economy shrinks 11.5% in first quarter as financial crisis continues
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.5% in the first three months of 2023, official data showed…
Ex-AIIB comms chief says was advised to flee China after fiery resignation
(Refiles to correct name in paragraph 15) By Laurie Chen BEIJING (Reuters) – A senior employee of the Beijing-based Asian…
Philippines says China’s Yadea to invest $1 billion in e-motorcycle plant
(Changes headline, lead and paragraphs 2, 8 and 9 to show plan is for production of electric motorcycles, not motorcycle…
Ukraine says Russian missile attacks kill three in Odesa, three in Donetsk
KYIV (Reuters) -Overnight Russian missile attacks killed three people in the Black Sea city of Odesa and three in the…
Stellantis invests 100 million euros in startups, mobility fund
By Joseph White DETROIT (Reuters) – The venture capital arm of automaker Stellantis said on Thursday it will invest about…
Marketmind: ECB day to follow a hawkish Fed
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve…
European equity investors hunt for big returns in small places
By Lucy Raitano LONDON (Reuters) – Investors are turning their attention back to European small and mid-cap stocks as low…
Siemens’ new investment plan to create more than a 1000 jobs – CEO
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over…
Papua New Guinea parliament begins debating US defence deal
SYDNEY (Reuters) – Papua New Guinea’s parliament has begun debating a defence deal with the United States, with Prime Minister…
Japan’s Kishida says he won’t dissolve Diet, ending snap election talk for now
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Thursday he would not dissolve parliament in the coming days,…