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Oil prices crater as demand evaporates, storage fills

NEW YORK, April 21 (AP) — The world is awash in oil, there's little demand for it and we're running out of places to put it. That in a nutshell explains Monday's strange and unprecedented action in the market for crude oil futures contracts, where traders essentially offered to pay

IMF approves over USD 1.3 billion emergency financing to Pakistan

Washington (ANI): The International Monetary Fund (IMF) on Thursday approved USD 1.3 billion in emergency financing to Pakistan to address

Record 22 million have sought US jobless aid since virus

WASHINGTON (AP) — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million

Two NAC aircrafts fly to Guangzhou to bring medical supplies

Kathmandu: Two aircrafts of Nepal Airlines Corporation have flown to Guangzhou in China to bring back medical supplies essential in

Insurance Board directs to issue COVID-19 insurance scheme

Kathmandu: Insurance Board on Thursday directed all non-life insurance companies to issue coronavirus insurance scheme in view of coronavirus. The

Trump says new guidelines aim to lift some restrictions

WASHINGTON (AP) — President Donald Trump said he’s prepared to announce new guidelines allowing some states to quickly ease up

Lockdown causes Rs 2 billion loss in dairy industry

Kathmandu: Milk and dairy products worth Rs two billion has been damaged so far during the ongoing lockdown in the

Import to be eased through Tatopani transit

Melamchi: Authorities of Nepal and China have agreed to ease the import and export of health supplies and daily essentials

South Korea to extend visa term of Nepali workers

Seoul: The government of South Korea has decided to extend the visa term of Nepali workers employed here on employment

Virtual summit: SE Asia leaders meet by video on pandemic

HANOI, Vietnam (AP) — Forced apart by the coronavirus pandemic, Southeast Asian leaders linked up by video Tuesday to plot