Month: November 2020

Yuan holds near 29-month high as dollar stays under pressure

Photo Courtesy: Reuters

SHANGHAI (Reuters): China’s yuan held near a 29-month high against the dollar on Wednesday as the U.S. currency remained under broad pressure and after the centralbank set a stronger midpoint. The yuan finished the local session at its highest since June 26, 2018 on Tuesday, despite dollar buying by major state-owned banks in what some… Continue reading Yuan holds near 29-month high as dollar stays under pressure

Spacewalking astronauts prep for 2021 arrival of Russian lab

This photo provided by NASA shows Russian astronauts Commander Sergey Ryzhikov, left in red stripes, and Sergey Kud-Sverchkov on a spacewalk outside of the International Space Station on Wednesday, Nov. 18, 2020, as they prepare for next year's arrival of a long-delayed lab. Photo Courtesy: NASA via AP

CAPE CANAVERAL, Fla. (AP): The International Space Station’s two Russian astronauts began spacewalking work Wednesday to prepare for next year’s arrival of a long-delayed lab, but had to scrap another chore because of a stubborn bolt. Sergey Ryzhikov and Sergey Kud-Sverchkov — dubbed Sergey 1 and Sergey 2 by flight controllers — left four Americans… Continue reading Spacewalking astronauts prep for 2021 arrival of Russian lab

U.S. COVID deaths top 250,000 as New York City schools halt in-person classes

FILE PHOTO: A healthcare worker wearing a powered air purifying respirator (PAPR) hood works at a drive-thru COVID-19 testing site at the Sanford Sports Complex Clinic, as the coronavirus disease (COVID-19) outbreak continues in Sioux Falls, South Dakota, U.S., October 28, 2020. Photo Courtesy: Reuters

NEW YORK (Reuters): The U.S. death toll from COVID-19 surpassed a grim new milestone of 250,000 lives lost on Wednesday, as New York City’s public school system, the nation’s largest, called a halt to in-classroom instruction, citing a jump in coronavirus infection rates. The decision to shutter schools and revert exclusively to at-home learning, starting… Continue reading U.S. COVID deaths top 250,000 as New York City schools halt in-person classes

Govt and World Bank sign financing agreements of Rs 42 billion to support urban development and financial sector

Photo Courtesy: Ministry of Finance

Kathmandu: The Government of Nepal and the World Bank signed two separate agreements today that will help strengthen urban governance and the financial sector in Nepal in support of the country’s COVID-19 resilience and recovery efforts. The agreements for the Nepal Urban Governance and Infrastructure Project and the Finance for Growth Development Policy Credit were… Continue reading Govt and World Bank sign financing agreements of Rs 42 billion to support urban development and financial sector

Pfizer: COVID-19 shot 95 pc effective, seeking clearance soon

FILE - This May 4, 2020, file photo provided by the University of Maryland School of Medicine, shows the first patient enrolled in Pfizer's COVID-19 coronavirus vaccine clinical trial at the University of Maryland School of Medicine in Baltimore. Pfizer announced Wednesday, Nov. 18, 2020, more results in its ongoing coronavirus vaccine study that suggest the shots are 95% effective a month after the first dose. (Courtesy of University of Maryland School of Medicine via AP, File)

Pfizer said Wednesday that new test results show its coronavirus vaccine is 95% effective, is safe and also protects older people most at risk of dying — the last data needed to seek emergency use of limited shot supplies as the catastrophic outbreak worsens across the globe. The announcement from Pfizer and its German partner… Continue reading Pfizer: COVID-19 shot 95 pc effective, seeking clearance soon

Nepal offers Indian company to run Nepal Premier League

Kathmandu: Nepal Cricket Association (NCA) has proposed to hand over the responsibility of Nepal Premier League (NPL) project to an Indian company for 10 years. Organizing the CAN’s Virtual General Assembly on Wednesday, on behalf of CAN officials, a proposal has been submitted to hand over the responsibility of NPL project to Indian company Seven… Continue reading Nepal offers Indian company to run Nepal Premier League

Nepal’s ICC one-day recognition extended

KATHMANDU: The International Cricket Council (ICC) has extended the four-year ODI recognition by one year due to the Corona epidemic. The ICC has extended the one-day international recognition by one year and Nepal’s one-day recognition has also been extended by one year. At the annual general meeting of the Nepal Cricket Association (NCA), Chairman Chatur… Continue reading Nepal’s ICC one-day recognition extended

Oli’s separate report will be submitted to CPN committee

Kathmandu: Prime Minister and party chairman KP Sharma Oli is scheduled to submit a separate political proposal at the upcoming meeting of the ruling Communist Party of Nepal (CPN). At a meeting of the secretariat on Wednesday, Oli said he would submit a separate report. Earlier, another chairman Pushpa Kamal Dahal Prachanda had submitted a… Continue reading Oli’s separate report will be submitted to CPN committee

Bangladesh win friendly match against Nepal

Kathmandu: The second friendly football match between Nepal and Bangladesh ended in a draw. Nepal and Bangladesh drew 0-0 in the second match of the Mujibur Borso FIFA International Series on Tuesday. In the first friendly match played on Friday, Bangladesh won with 2-0 score. In the two-match series, the home team Bangladesh has won… Continue reading Bangladesh win friendly match against Nepal