With Biden bets and Trump hedges, investors prepare for U.S. Election Day

FILE PHOTO: A sign encouraging voter turnout is seen at a campaign yard sign distribution site in Madison, Wisconsin, U.S., October 17, 2020. REUTERS/Bing Guan/File Photo

NEW YORK (Reuters): Four years after Donald Trump’s surprise presidential victory roiled markets, investors are prepared for short-term trading turmoil and major long-term policy shifts, on the eve of Tuesday’s U.S. election.Investors could confront dramatically different paths for the country on taxes, government spending, trade and regulation depending on who wins the White House, the… Continue reading With Biden bets and Trump hedges, investors prepare for U.S. Election Day

End ties with France in 24 hours, Bangladesh Islamist group tells government

upporters and activists of the Hefazat-e-Islam Bangladesh, an islamist political party, hold placards as they take part in a protest calling for the boycott of French products and denouncing French president Emmanuel Macron for his comments over Prophet Mohammed's caricatures, in Dhaka, Bangladesh, November 2, 2020. Photo Courtesy: Reuters

DHAKA (Reuters): Bangladesh’s biggest Islamist group on Monday told the government to cut diplomatic ties with France within 24 hours, as police stopped thousands of its supporters from marching towards the French embassy.Tens of thousands of Muslims across Bangladesh, the world’s third-biggest Muslim country with more than 160 million people, have been protesting against remarks… Continue reading End ties with France in 24 hours, Bangladesh Islamist group tells government

Tourism industry delights during festive season

Photo Courtesy: Nepal Tourism Board

Kathmandu: Tourism is the most affected by COVID-19 pandemic. Even before the lockdown, five-star hotels in Nepal had shut down their services. After the lockdown started, this sector, like other areas, came to a standstill.Tourism industry that has been focusing only on foreign tourists have started learning new lessons after Covid. Recognizing the fact that… Continue reading Tourism industry delights during festive season

Two NCP chairman should have another dialogue: Narayan Kaji Shrestha

Photo courtesy: Facebook page of Narayan Kaji Shrestha

Kathmandu: Spokesperson of the Nepal Communist Party (NCP) Narayan Kaji Shrestha has said that Chairman Pushpa Kamal Dahal ‘Prachanda’ should once again have a dialogue with another Chairman KP Oli to prevent the party from splitting.Speaking to media at his residence on Monday morning, Spokesperson Shrestha said that Chairman Prachanda should take the initiative for… Continue reading Two NCP chairman should have another dialogue: Narayan Kaji Shrestha

Food items worth Rs 63 bn imported in first three months

Kathmandu: According to the Department of Customs, food dependence of the country has increased by about 40 percent in the last three years.In the first quarter of the current fiscal year, more food items have been imported in the country compared to the same period of last fiscal year. According to the customs department, the… Continue reading Food items worth Rs 63 bn imported in first three months

Negative report of PCR and antibody test is mandatory to go to china

Kathmandu: Starting from November 4, Chinese, Nepalese and other foreign nationals traveling by air from Kathmandu to China will have to submit a negative report of Polymerase chain reaction (PCR).In addition, a negative report of serum IGM antibody test has to be submitted. The Chinese government has implemented the policy citing that the number of… Continue reading Negative report of PCR and antibody test is mandatory to go to china

Five teams receive expedition permission so far

Photo Courtesy: Nepal Tourism Board

Kathmandu: Department of Tourism (DoT) has issued expedition permit to five teams so far in this Autumn season.According to the Department of Tourism, 24 members of the two teams have already climbed the mountain. There is a team of Royal Force including the Prince of Bahrain to climb the mountain. The team has already returned… Continue reading Five teams receive expedition permission so far

Oli asks Prachanda to split party

Photo courtesy: Getty Images

Kathmandu: Finally, the Communist Party of Nepal (CPN) has reached the crossroads. CPN (Maoist) Chairman and Prime Minister KP Sharma Oli has proposed Executive Chairman Pushpa Kamal Dahal to leave the party.It has been said that PM Oli has made it public in a meeting with members of the secretariat organized by Dahal at his… Continue reading Oli asks Prachanda to split party

Australia records first day of zero cases of community Covid transmission since 9 June

A department store welcomes back shoppers in central Melbourne. Australia went 24 hours without a new locally acquired Covid case between Friday and Saturday nights. Photo courtesy: Dave Hewison/Speed Media/Rex/Shutterstock

(The Guardian): Australia has recorded its first day of zero cases of community transmission nationally since 9 June. The entire country went 24 hours without a new locally acquired case of Covid-19 between 8pm Friday and 8pm Saturday.Victoria, which in August hit a peak of 725 new cases in one day, registered zero cases two… Continue reading Australia records first day of zero cases of community Covid transmission since 9 June

Macau’s gambling revenues dive 72.5 pc in Oct

Photo Courtesy: Reuters

HONG KONG (Reuters): Gambling revenue in Macau plunged 72.5 percent in October year-on-year, extending the steep coronavirus-driven declines of recent months but at a slower pace as visitors to the world’s biggest casino hub from mainland China picked up slightly.October’s figure of 7.3 billion patacas ($914 million) released by Macau’s government on Sunday, was in… Continue reading Macau’s gambling revenues dive 72.5 pc in Oct