Copenhagen — Two of the world's largest container shipping companies announced a landmark merger agreement on Tuesday, creating a combined entity that would control roughly a fifth of global container capacity, subject…
London — Global equity markets rallied sharply this week after the US Federal Reserve, European Central Bank, and Bank of England each cut interest rates within a 48-hour span, the first time the three have moved in…
Kathmandu — Remittances sent home by Nepali migrant workers reached a record Rs 1.6 trillion in the fiscal year that ended in mid-July, according to Nepal Rastra Bank data released Tuesday, a 9.4 percent increase over…
Kathmandu — Nepal Rastra Bank cut its policy repo rate by 50 basis points to 5.5 percent on Thursday, its third reduction this year, after headline inflation slowed to 4.1 percent in the year to mid-September, the…
