Kuwait signs $4.1 billion deal with China to build port

6 months ago

Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a major port, as the oil-rich country seeks to diversify its economy with a bigger...

Pakistan gets 3 bids for privatisation of state-run airline

6 months ago

Pakistan received three bids on Tuesday for the privatisation of its embattled national carrier PIA, in what is seen as a litmus test of Islamabad's efforts to sell loss-making state...

Nepal’s trade deficit soars to Rs 649.68 billion in first five months of current fiscal year

6 months ago

Kathmandu, Dec 23: Nepal’s foreign trade deficit during the first five months of the current fiscal year (mid-July to mid-December) has reached Rs 649.68 billion out of a total foreign...

Gold price sets new record, trading at Rs 267,200 per tola

6 months ago

Kathmandu, Dec 23: The price of gold has reached all-time high in the domestic market today.It has risen by Rs 5,500 per tola (11.66 grams) and is being traded at...

Goods worth Rs 359 billion imported from Birgunj Customs Office in five months

6 months ago

Birgunj, Dec 23: Goods worth Rs 359 billion were imported from the Birgunj Customs Office in five months of the current fiscal year.Information Officer of the Birgunj Customs Office, Udaya...

Mechi Customs Office imports goods worth Rs 20.14 billion in five months

6 months ago

Bhadrapur (Jhapa), Dec 23: Goods worth Rs 20.14 billion were imported from the Mechi Customs Office in Jhapa in the first five months of the current fiscal year.Information Officer and...

Italy fines Apple nearly 100m euros over app privacy feature

6 months ago

Italy's competition authority said Monday it had fined the US tech giant Apple 98 million euros ($115 million) for allegedly abusing its dominant position in the mobile app market.The AGCM...

Italy fines Apple nearly 100m euros over app privacy feature

6 months ago

Italy's competition authority said Monday it had fined the US tech giant Apple 98 million euros ($115 million) for allegedly abusing its dominant position in the mobile app market.The AGCM...

EU says China's planned dairy duties 'unjustified'

6 months ago

The EU hit back at China's declaration Monday it will slap duties of up to 42.7 percent on some dairy products from the European Union, calling the move "unjustified"."Our assessment...

MCA-Nepal signs two contracts for roadway construction

6 months ago

Kathmandu, Dec 22: The Millennium Challenge Account Nepal Development Board (MCA-Nepal) has signed two contracts totaling around USD 23.7 million for the implementation of two road infrastructure projects.According to a...

Nabil Bank wins case relating to Trishuli Hydropower in Chinese court

6 months ago

Kathmandu, Dec 22: Nabil Bank has won a legal case in a Chinese court related to the counter guarantee issued for Trishuli Hydropower Company Limited.With a verdict from the Higher...

New Zealand says agreed free trade deal with India

6 months ago

New Zealand said Monday it had agreed a wide-ranging free-trade deal with India that eliminates tariffs on 95 percent of the Pacific country's exports, but the government's coalition partner labelled...

Chinese yuan weakens to 7.0572 against USD Monday

6 months ago

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 22 pips to 7.0572 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System.In...

Australia mulls gas reservation for domestic use

6 months ago

The Australian government on Monday announced plans for new laws that will require gas exporters to reserve a portion of supply for the domestic market.Minister for Climate Change and Energy...

S. Korea's exports grow 6.8 pct in 20 days of December

6 months ago

South Korea's exports posted single-digit growth in the first 20 days of this month due to solid demand for domestically produced semiconductors, customs office data showed Monday.Outbound shipments rose 6.8...