Reuters: Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements warned on Sunday. Such a boom-and-bust cycle might have severe global repercussions, not least due to the increased weight of emerging markets in the world economy ...

MILAN (Reuters): Agricultural commodity markets are set to remain tight with high and volatile prices despite improved supply and weakening demand, the United Nations’ food agency said on Thursday, raising its estimates of global grain output this year. Food prices grabbed the attention of world policy makers after hitting record highs in February and helped ...

by Namini Wijedasa Now we have news that, in a cabinet reshuffle due next month, five deputy ministers are to be allotted portfolios. This will instantly raise the number of ministers from 41 to 46. It is reported too that...

Sri Lanka’s sovereign rating, which is on par with Kenya and Ukraine, may be raised as funds from a $2.5 billion International Monetary Fund loan improved the “external liquidity situation,” Standard & Poor’s said, speaking to Bloomberg News. The rating agency in October raised its outlook