Sri Lanka Financial News
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Trading activities at the Colombo Stock Exchange (CSE) were temporarily suspended at 9:53 a.m. today, October 7, due to unusual trading patterns observed in a newly listed company.
The halt was implemented following the detection of several irregular transactions involving Wealth Trust Securities Limited, which began its secondary market trading for the first time today.
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Fitch Ratings-Toronto/New York: Elevated AI-driven credit risks are concentrated in three technology, media and telecommunications (TMT) sectors, with software, media and services facing rising disruption risk while overinvestment risk remains largely confined to hyperscalers and select cloud providers, according to a new Fitch Ratings report. Asset-light businesses where value is driven by intangibles such as
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