Inflation hits 8.19 percent: NRB
Kathmandu, Oct 17: The inflation based on Consumer Price Index on the year-on-year basis has reached 8.19 percent until September 17, states the Current Macroeconomic and Financial Situation Report unveiled…
Remittance inflow Rs 228 billion in two months
Kathmandu, Oct 17: Nepal has received remittance of Rs 228 billion in the first two months of the current Fiscal Year 2023/24. According to the country's Current Economic and Financial…
US chip firms can’t endure more limits on China sales
While US politicians appear determined to continue the strategy of seeking a "decoupling" from China in the high-tech sphere, continuous layoffs by American tech giants clearly show why the export…
China’s stock market regulator optimizes rules for securities lending business
China's stock market regulator on Saturday announces targeted adjustments and optimizations to the rules of securities lending and strategic investors shares lending, which market analysts say are positive and will…
HK looks forward to demonstrating advantages to international community with professional services: chief executive
Enterprises and professional service providers in Hong Kong have developed their business in the countries and regions along the Belt and Road Initiative (BRI), which fully demonstrates Hong Kong's professional…
China’s economy remains engine in global post-COVID recovery despite scarring effect: IMF official
China remains the largest engine of global economic growth, contributing one-third of the global economic growth, which is still dragged by the lingering scarring effect from the COVID-19 impacts, IMF…
Western smears can’t conceal economic benefits from BRI
With its push for 5.5G networks, Chinese telecommunications giant Huawei Technologies has once again shown how it stays at the forefront of the global telecommunications industry. At the 14th Global…
Trade index between China, BRI partners rises to 165.4 in 2022 from 100 in 2013
An index tracking trade between China and countries participating in the joint construction of the Belt and Road Initiative (BRI) rose to 165.4 in 2022 from the benchmark 100 in…
US distorts ‘debt relief’ to thwart IMF reform efforts
The 2023 annual meetings of the IMF and the World Bank started on Monday in Marrakech, Morocco. Given the global economic challenges, one focus at the annual meetings is the…
China aims to increase computing power by more than 50% by 2025
China aims to boost its aggregate computing power by more than 50 percent by 2025, according to new policies released by six Chinese government agencies, as the nation steps up…