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Trump raises tariffs on Chinese goods as trade war escalates

WASHINGTON, Aug 24 (AP) — President Donald Trump angrily escalated his trade fight with China on Friday, raising retaliatory tariffs and ordering American companies to consider alternatives to doing business there. He also blamed Jerome Powell, the man he appointed as chairman of the Federal Reserve, for the state of

Swiss Bank deposit? Not yet any proof: FM Khatiwada

Kathmandu, Aug 22: Finance Minister Dr Yuba Raj Khatiwada has said foreign investment could be made after taking permission from

Obstructed Pasang Lhamu highway reopens

Kathmandu, Aug 22: The Pasang Lhamu Highway which has been obstructed since Wednesday morning has reopened. The vehicular movement was

Fast-track DPR Gets Government Approval, Finally

Kathmandu, Aug 22: The government of Nepal finally approved the Detailed Project Report (DPR) of the Kathmandu-Terai Fast Track recently.

Nepal Telecom expands services to remote area

Khandbari, Aug 21: Nepal Telecom has erected four additional BTS towers in far-flung area of Sankhuwasabha. With the installation of

Ncell tower torched in Dang

Tulasipur, Aug 20: A Ncell tower has been torched at Shantinagar rural municipality in Dang district on Monday night. According

US extends limited reprieve on tech sales to China’s Huawei

The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how

Economists survey: 34% expect a US recession in 2021

WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald

‘No More Tax Rates Hereafter’

Banepa, Aug 16: Minister for Finance Dr Yubaraj Khatiwada has assured that the tax rates could not be expanded more

Nepal Telecom’s profit falls 42 percent to Rs 10.20 billion

Kathmandu: Nepal Telecom saw its net profit tumble 42 percent year-on-year for the fiscal year 2018-19 ended July 16, which