Sri Lanka’s rupee was quoted at 297.30/40 to the US dollar in the spot market Friday, stronger from 297.70/85 to the US dollar Thursday, dealers said, while bond yields were broadly flat.

Daniel Erver (pictured), who was appointed as the Swedish retail giant's boss last January, said he is confident the group is ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...