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Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the asset from someone else or ensuring that it can be borrowed. When the seller does not obtain the asset and deliver it to the buyer within the required time frame, the result is known as a " failure to deliver " (FTD).
A short squeeze is a rapid increase in the price of a stock resulting from a lack of supply and an excess of demand. Typically, short sellers (those who have borrowed and sold stocks they believed ...
The bill titled as Colombo Port City Economic Commission Bill is regarded as one of the important legislations to be passed in the Parliament of Sri Lanka as it is related to the Colombo Port City project, which is the biggest foreign investment received by Sri Lanka from China in the country's history. The bill was slated and deemed as ...
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Prostitution is not as widespread in Sri Lanka as in some neighbouring countries. [4] It is estimated that there are 40,000 prostitutes (known as "ගණිකාව" (Ganikawa)) [5] in the country, [6] and nearly half of them operate in Colombo. [7] Child Sex tourism [4] [8] and human trafficking [9] are problems in Sri Lanka.
SEOUL (Reuters) - South Korea's financial regulator said on Wednesday it has imposed a 7.5 billion won ($6.66 million) fine on Goldman Sachs Group's subsidiary Goldman Sachs International for ...
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [40] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [41]