International
Sri Lanka has declared every Wednesday a public holiday as part of emergency fuel-saving measures, becoming one of several Asian countries responding to the impact of the West Asia conflict on energy supplies. The decision effectively creates a four-day workweek for many state institutions as Colombo tries to reduce fuel use and avoid deeper disruption […]
Business Markets
Asian Stocks Fall As Oil Jumps On Crisis Asian equities came under heavy pressure on Monday as oil prices surged sharply amid the worsening West Asia crisis, with investors reacting to fears of supply disruption, shipping risks and a broader economic shock across the region. The selloff reflected growing concern that the conflict could hit […]
Business Markets
Asian stock markets traded mixed on July 22, 2025, as investors awaited clarity on US trade tariffs and upcoming corporate earnings. Market sentiment was cautious across the region amid global economic uncertainty and political developments. Japan Slips After Election Setback Japan’s Nikkei 225 edged down 0.1% after the ruling coalition failed to retain a majority […]
Business Markets
Asian stock markets declined on Wednesday following the release of stronger-than-expected US inflation data, which dampened hopes of an early interest rate cut by the Federal Reserve. Japan’s Nikkei 225 slipped 0.3%, while Hong Kong’s Hang Seng Index also lost 0.3%. Markets in South Korea, Australia, and China saw marginal losses. The US dollar strengthened, […]