Bloomberg Sri Lanka’s election commission has instructed its lawyers to inform the Supreme Court about a lack of funds and the backing needed to hold local elections next month, the head of the government agency said. The commission has not received financial resources and the required support from other agencies, including the government printer and police, for the ballot ...

Bloomberg HSBC Holdings Plc will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its top shareholder to pursue a wider break-up of the business. Reporting fourth-quarter results that beat analyst estimates, HSBC said it may pay a special $0.21 dividend next year after the completion of the ...

  Bloomberg The Bank of Korea (BOK) said it will keep considering further interest-rate increases as inflationary pressures are expected to remain elevated for an extended period. The central bank said in a report to parliament on Tuesday that monetary policy needs to remain tight with a focus on reining in consumer prices. Even though inflation is likely to gradually ...