News Source: Financial Times
| 20 days ago
Surekha Sellahewa, the exchange’s chief executive, told the Financial Times that demutualisation would “take the exchange to the next level”, as it seeks to introduce derivatives and attract greater foreign participation. “The potential for...
News Source: The Hindu
| 20 days ago
Sri Lanka-born United States business tycoon Raja Rajaratnam, arrested by the FBI on October 16 on charges of vast insider trading, is reportedly planning to sell some of his firm’s holdings in Sri Lanka to partly finance his $100 million bail...
News Source: The Hindustan Times
| 20 days ago
Raj Rajaratnam, the billionaire financier of Sri Lankan origin facing insider trading charges in the United States, is recalled in stone in one of the villages he helped recover from the Asian tsunami in 2004. A black granite monument honours the...