Japan, US reach broad agreement on trade deal: reports

5 years ago

TOKYO–Japan and the United States have reached a broad agreement in trade negotiations, reports said Sunday, with the leaders of both countries expected to hold talks on the sidelines of...

Huawei dismisses new suspension of 'unjust' US ban

5 years ago

BEIJING–Huawei on Tuesday dismissed Washington's three-month delay to a ban on US firms selling to the Chinese tech giant and said the decision would not change the fact it had...

Gold price closes lower in Hong Kong

5 years ago

HONG KONG–The gold price in Hong Kong closed at 14,050 Hong Kong dollars (about 1,789.81 U.S. dollars) per tael on Wednesday, down 210 Hong Kong dollars from the previous trading...

Huawei unveils own operating system to compete with Android

5 years ago

DONGGUAN–Chinese telecom giant Huawei unveiled its own operating system on Friday, as it faces the threat of losing access to Android systems amid escalating US-China trade tensions. Richard Yu,...

Japan Airlines' quarterly net profit down 32%

5 years ago

TOKYO–Japanese carrier Japan Airlines said Wednesday its first-quarter net profit dropped 32.1 percent due to growing fuel costs and the impact of the US-China trade war on cargo demand. Bottom-line...

Renault profits skid on Nissan woes

5 years ago

PARIS– French automaker Renault said Thursday that its profits were halved in the first half of this year, swerved off course by the current crisis at its Japanese partner, Nissan....

Leaders from Australia, China discuss future trade at Perth summit

5 years ago

SYDNEY–The Australia-China Emerging Leaders Summit (ACELS) has been taking place from Wednesday to Saturday in Perth, Western Australia (WA), with 80 young leaders coming to discuss the future of trade...

Mechinagar unveils Rs 1.88 billion budget

5 years ago

Bhadrapur–Mechinagar municipality has unveiled its budget of around Rs 1.43 billion for the fiscal year 2019/20. The municipality made public its annual budget at a press conference on Wednesday....

Restructuring plunges Deutsche Bank into red in Q2

5 years ago

FRANKFURT AM MAIN– Germany's biggest lender Deutsche Bank on Wednesday reported a net loss of 3.2 billion euros ($3.6 billion) in the second quarter, as the troubled financial giant lurched...

Nissan to cut over 10,000 jobs worldwide: reports

5 years ago

TOKYO– Japanese car giant Nissan plans to cut more than 10,000 jobs worldwide, reports said Wednesday, as it works to turn its fortunes around after its former chief was arrested...

NRB selling its NEPSE share

5 years ago

Kathmandu–Nepal Rastra Bank (NRB), the central bank in the country, is pulling out its investment in the Nepal Stock Exchange (NEPSE) Limited. In a notice today, the bank states...

Businessman in trouble because of false ‘Money Laundering’ news

5 years ago

 Kathmandu– As the consequence of the news published by Centre for Investigative Journalism (CIJ) Nepal titled ’55 Nepalese invested in offshore companies,’ some businessmenen are facing serious problems. Some of them...

AIIB expands membership to 100 in three years

5 years ago

LUXEMBOURG– The three-year-old Asian Infrastructure Investment Bank (AIIB) on Saturday further expanded its membership to 100 with the approval of the African newcomers of Benin, Djibouti and Rwanda. The...

WB agrees to provide Rs 11 billion to Nepal

5 years ago

Kathmandu–The World Bank (WB) has renewed its support to the Government of Nepal to strengthen the country’s efforts towards fiscal federalism and improving public financial management. The assistance is...

US, China negotiators resume trade war talks

5 years ago

WASHINGTON–Top US and Chinese negotiators held phone talks on Tuesday as the world's top two economies seek to resolve their trade war, more than a week after they declared a...