Markets

Sri Lanka expects market stability

The Sri Lankan Central Bank said Saturday that it expects stability in the domestic foreign exchange market over the next few weeks following a decision to reduce the volume of imports.

Markets10 years ago

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Greek government talks in final stretch

Markets

Greek government talks in final stretch

Former finance minister and socialist party head Evangelos Venizelos met Friday with election winner Antonis Samaras, the leader of Greece’s conservative party, in a last ditch effort to form a coalition government in the crisis-struck country.

Markets10 years ago

Markets

Panasonic loss balloons for record red ink

Panasonic’s January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing TV business.

Markets10 years ago

Markets

Yahoo CEO says he didn’t mislead company

Yahoo CEO Scott Thompson is assuring his colleagues that he didn’t supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a person familiar with the matter.

Markets10 years ago

Bank cuts imperil recovery

Markets

Bank cuts imperil recovery

LONDON - Moody’s Investors Service will this month start cutting the credit ratings of more than 100 banks, a move that risks pushing up their funding costs and forcing them to curb lending in a threat to economic growth.

Markets10 years ago