KATHMANDU, Dec 31: Bir Hospital (National Academy of Medical Sciences) is in an extreme financial crisis.

COLOMBO, Sept 1: Inflation in crisis-hit Sri Lanka eased to 4.0 percent in August, the lowest since before last year's unprecedented financial crisis, official figures showed Friday.The island nation endured months of food, fuel and medicine shortages after a foreign exchange crunch that sparked widespread protests culminating in the ouster of its president.

March 11: Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded.

KATHMANDU, Dec 21: A growing number of cooperatives have started landing in financial crisis in recent days due to slump in the realty business, rising inflation and liquidity crisis in the banking system.

Suicide cases on the rise in Okhaldhunga

September 15, 2019 08:35 am

OKHALDHUNGA, Sept 15: Nabin Pariyar and Ganga Pariyar married amid a huge celebration on June 11. Nabin, a local of Bhadaure village of Chishkhugadhi Rural Municipality and Ganga, from Rawabeshi Rural Municipality of Khotang seemed quite happy after marriage, according to their families. Nabin left for Kathmandu, 20 days after the wedding date.

Anatomy of coming recession

August 27, 2019 00:25 am

NEW YORK – There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two involve China, and the United States is at the center of each. Moreover, none of them is amenable to the traditional tools of countercyclical macroeconomic policy.

LONDON, July 23: New British factory orders from the home market and abroad fell at their fastest pace since the financial crisis a decade ago in the three months to July

Global economy ten years after

September 13, 2018 00:10 am

Much will be said about the tenth anniversary of the 2008 financial crisis, so I will focus on the global economy, which has not been nearly as weak as many seem to think.