News

COLOMBO, Dec 27 (Reuters) - The Sri Lankan rupee closed firmer on Wednesday as inward remittances and exporter dollar sales surpassed demand for the U.S. currency from importers, dealers said.

COLOMBO, Dec 27 (Reuters) - Sri Lankan shares touched a near three-week closing high on Wednesday as investors waited for clues from the central bank's monetary policy review later in the week, with trading muted by the holidays after Christmas.

LONDON, Dec 27 (Reuters) - After years of struggling to beat the index, 2018 should be the year active fund managers earn their spurs.

MOSCOW, Dec 27 (Reuters) - Japanese automaker Nissan Motor Co Ltd will recall 106,340 Nissan cars in Russia, Russia's technical safety watchdog Rosstandart said on Wednesday.

LONDON, Dec 27 (Reuters) - Barclays expects to take a writedown of about 1 billion pounds ($1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday.

Dec 27 (Reuters) - General Electric Co said on Wednesday it will increase its stake in Swedish 3D printer maker Arcam AB to more than 90 percent from 77 percent.

SHANGHAI, Dec 27 (Reuters) - China's money market rates spiked on Wednesday, with the 14-day repo rate jumping to a four-year high of 10 percent at one point as smaller institutions scrambled to secure funding that extends into the new year.

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Dec 27 (Reuters) - Investors who bet on private prison operators as big winners from Donald Trump's tough line on crime and illegal immigration are looking back at a bruising year of high hopes and disappointment. Some, however, say the stocks still offer good value even though an anticipated...

SEOUL, Dec 27 (Reuters) - South Korea’s government said on Wednesday it expects the economic recovery to continue in 2018 but sees growth at a slightly slower pace than this year as moderating investment and a shrinking workforce weigh on the economy.