Kathmandu–Prime Minister KP Sharma Oli has said that Nepal is one of the most flexible countries when it comes to economic policy and welcoming foreign investment. All sectors, barring a...

Kathmandu– The Investment Summit, organised to attract foreign investments to serve the government's goal of economic prosperity, has kicked off in the capital city of Kathmandu this morning.  ...

BEIJING–The United States and China open the latest round of their trade talks Thursday as the economic superpowers edge towards a deal to resolve a months-long spat that has rattled...

BEIJING– China's customs will significantly cut VAT rates for its import enterprises in 2019, the latest move to reduce the financial burden of enterprises.  The total VAT reduction...

Kathmandu– The gas entrepreneurs have voiced their complaint that it was difficult for them to operate industry for no timely increment on the operational expenses.  They said the...

Gaighat– The state-owned Udayapur Cement Factory has made a leap forward in cement production in the last one-and-a-half years.  The factory is producing 18,000 sacks of cements a...

West Palm Beach – The US will host a delegation from China led by Vice Premier Liu He early next month, following a trip by US officials to China in...

BEIJING– US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on March 28-29 for a fresh round of talks aimed at resolving the bruising trade war,...

Kathmandu–Prime Minister KP Sharma Oli bought 10,000 points share of the Trishuli III 'B' hydropower project as part of the launch of 'people's hydroelectricity programme'.  PM Oli applied...

TEHRAN–The U.S.' plan to cut down Iran's oil exports to zero would have a negative impact on the global oil market, Iranian Minister of Petroleum Bijan Namdar Zanganeh was quoted...

HONG KONG–The gold price in Hong Kong closed at 12,210 Hong Kong dollars (about 1,555.41 U.S. dollars) per tael on Wednesday, up 88 Hong Kong dollars from the previous trading...

WASHINGTON– The top U.S. trade negotiator suggests that the U.S. and China are nearing an agreement that would end their trade conflict, but wouldn’t commit to a specific time frame.  “Our...

FRANKFURT AM MAIN– German automaker Volkswagen said it would eliminate up to 7,000 jobs by 2023 as it seeks to accelerate its transition to electric vehicles, although the cuts should...

BRUSSELS– The European Union expanded its tax haven blacklist by 10 countries on Tuesday, adding the United Arab Emirates and Bermuda despite the objections of powerful member states such as...

BEIJING–Top US and Chinese officials held phone talks Tuesday to discuss the next steps in trade negotiations, Chinese state media said, as the White House said no date has been...