MANILA– The Asian Development Bank (ADB) and Agence Francaise de Developpement (AFD) agreed on Friday to increase their co-financing commitment from 3 billion U.S. dollars in the past three years...

BEIRUT– Italian Prime Minister Giuseppe Conte said Thursday that Italy is ready to invest in Lebanon and Italian companies are willing to offer their expertise to their Lebanese counterparts, local TV...

WASHINGTON–President Donald Trump on Wednesday tapped a well-known World Bank critic to lead one of the world's primary development lending institutions.  David Malpass, a senior official in the...

TOKYO–German Chancellor Angela Merkel called on Tuesday for safeguards to ensure Chinese firms do not hand over private data to Beijing amid mounting security concerns over equipment made by telecoms...

LONDON–BP almost trebled its annual net profit to $9.4 billion (8.2 billion euros) last year as oil prices soared in 2018, the British energy giant announced Tuesday.  Profit...

Kathmandu– The Securities Board of Nepal (SEBON) has granted permission to the Himalayan Urja Bikash Company Ltd to issue the initial public offerings (IPOs) worth Rs 148.5 million.  ...

TOKYO –Japanese Prime Minister Shinzo Abe and visiting German Chancellor Angela Merkel held talks here on Monday and advocated free trade as a free trade pact between Japan and the...

COLOMBO, Sri Lanka– Sri Lanka is negotiating a $1 billion loan from China to construct a highway linking the capital Colombo to the hilly resort city of Kandy, even as...

Biratnagar– The industrialists and traders in Biratnagar have asked the government to immediately reduce the high interest rate charged by the bank and financial institutions (BFIs) on the borrowers.  ...

BEIJING–Global gold demand increased in 2018 due to a multi-decade high in central bank buying and accelerated investment in gold bars and coins in the second half of 2018, a...

Kathmandu– With huge amount of national and foreign investments in cement industries, Nepal is self-reliant in cement production this year onwards. According to industrialists, cement industries have received the investment...

WASHINGTON–Top US and Chinese trade officials return to the bargaining table on Wednesday, with extra tension in the atmosphere amid Washington's sweeping prosecution of Chinese telecoms giant Huawei.  ...

BEIJING– Japanese automaker Toyota Tuesday began a recall of 4,682 Lexus sedans imported into China due to defective airbags, according to China's market regulator.  Filed by Toyota Motor...

WASHINGTON– The Trump administration's unveiling of criminal charges against the Chinese tech giant Huawei has complicated high-level talks set to begin Wednesday in Washington that are intended to defuse the...

FRANKFURT AM MAIN–As the ECB takes the final step in phasing out the 500-euro note, few are expected to mourn a bill favoured by criminals but rarely seen in daily...