KATHMANDU: Stocks opened the week on a strong note and maintained a positive bias for the initial trading hour on Sunday. However, the benchmark Nepal Stock Exchange (Nepse) index failed to hold to the gains and pulled back mid-day to close slightly lower. At the end, Nepse dropped 1.43 points to close at 1,189.88 points.
LONDON, August 29: Crude prices dipped on Tuesday as the market grappled with the shutdown of some 13 percent of refining capacity in the United States after a hurricane ripped through the heart of the country’s oil industry.
KATHMANDU, JULY 24: Prime Minister Sher Bahadur Deuba's call to stop foreign junkets by government officials has done little to discourage civil servants from travelling abroad. On July 13, Deuba had instructed newly-appointed Chief Secretary Rajendra Kishor Kshetri to bar overseas trips by top bureaucrats and other officials for attending programs other than those concerning bilateral relations with foreign countries.
LONDON, July 24: Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to curb oil output but the prospect of the group delivering deeper cuts grew more distant.