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☆ Goldman Sachs just added stocks to its top Asian picks, giving one over 45% upside
▼ + stars: | 2024-04-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs has refreshed its conviction list of top stocks in Asia Pacific this month, adding some names and removing others. Here are two additions to Goldman Sachs' Asian conviction list, and two removals: China Resources Beer Goldman analyst Leaf Liu said he was positive on the outlook for Chinese beer manufacturer and distributor China Resources Beer . Goldman Sachs has a 12-month price target of 51 Hong Kong dollars ($6.51) on the stock, giving it potential upside of around 46%. NTPC India's power generation company NTPC — formerly the National Thermal Power Corporation — was another addition to Goldman's conviction list. Shionogi, China Medical System Meanwhile, the Wall Street bank removed two pharmaceutical players — Japan's Shionogi and the China-headquartered China Medical System — from its conviction list.

Persons: Goldman Sachs, China Resources Beer, Leaf Liu, CRB, —, National Thermal Power Corporation —, Apoorva Bahadur, Bahadur, Goldman, — Japan's Shionogi, — CNBC's Michael Bloom Organizations: MSCI Asia, China Resources, China Resources Beer Goldman, China Resources Beer, Brands, Star, Heineken, Hong, Franklin FTSE, National Thermal Power Corporation Locations: Asia Pacific, Japan, China, ,, Tianjin, premiumization, Hong Kong, Franklin FTSE China, Shionogi

☆ Is Guyana’s Oil a Blessing or a Curse?
▼ + stars: | 2024-03-30 | by ( Gaiutra Bahadur | Keisha Scarville | ) www.nytimes.com time to read: +1 min

Basjit Mahabir won’t let me in. I’m trying to persuade Mr. Mahabir to open the padlocked gate of the Wales Estate, where he guards the ramshackle remains of a factory surrounded by miles of fallow sugar cane fields. The growing and grinding of sugar on this plantation about 10 miles from Georgetown, Guyana’s capital, ended seven years ago, and parts of the complex, its weathered zinc walls the color of rust, have been sold for scrap. “My father used to manage the field lab.” Mr. Mahabir is friendly, but firm. Now the estate is slated to become part of Guyana’s latest boom, an oil rush that is reshaping the country’s future.

Persons: Basjit, Mahabir, “, ”, Mr, I’m Organizations: Wales Estate Locations: Georgetown, Guyana’s

“The Russian government must have the data of how many foreign fighters have joined the Russian army and how many Nepalis are fighting for Russia,” she said. The Russian foreign ministry has not responded to CNN’s questions about the number of Nepalis recruited by the Russian army and how many of them have died so far. She thought her husband, Shukra Tamang – a retired Nepali army soldier fighting for Russia – was the person calling. A photo shows Shukra Tamang, a retired Nepali army soldier, training in Russia. Bonuses paidNepali men who want to join the Russian army first travel to Russia on a tourist visa.

Persons: Nepal CNN — Ramchandra Khadka, Khadka, “, ” Khadka, Ramchandra Khadka, ”, Bimala Rai Paudyal, Nepalis, Kritu Bhandari, Russia haven’t, Bhandari, ‘, Januka Sunar’s, hasn’t, Sunar, …, Januka Sunar, it’ll, Tamang, Shukra Tamang, Shukra, –, Russia –, Shishir Bishwokarma, Avangard, Suman Tamang, ” Tamang, “ It’s, It’s, Binoj Basnyat, Ram Sharma, Sharma, ” Sharma, Saud, Nepalis haven’t, Bhupendra Bahadur Khatri, hadn’t, ” Khatri, Basnyat Organizations: Nepal CNN, Russia, Ukraine, CNN, Russian, Henley & Partners, Bank, Communist Party of Nepal, Maoist, CNN CNN, YouTube, AK, Moscow Oblast, Avangard, United Arab, Agents, Moscow, CNN Kathmandu, World Bank Locations: Kathmandu, Nepal, Ukraine, Afghanistan, Russia, Russian, Moscow, Bakhmut –, Bakhmut, North Korea, Januka, Nepali, Avangard, Indian, United Arab Emirates, India, Dubai, UAE

☆ Nepal registers its first same-sex marriage
▼ + stars: | 2023-11-30 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Local authorities in a village in Nepal registered the Himalayan nation’s first same-sex marriage on Wednesday, officials and activists said, five months after the Supreme Court issued an interim order clearing the way for such marriages in the largely conservative country. “We have issued the marriage registration certificate to the couple in consideration of the Supreme Court order and instructions from relevant government authorities,” said Hem Raj Kafle, chief administrative officer of the Dordi rural municipality. In June, the country’s Supreme Court issued an interim order allowing same-sex couples to register their marriages pending a final verdict. “It will open the door for them to jointly open bank accounts, own and transfer property like just any other couples.”Taiwan is the only other place to legalize same-sex marriage in Asia, where societies remain largely conservative. Hindu-majority Nepal has become increasingly progressive since a decade-long Maoist insurgency ended in 2006.

Persons: Ram Bahadur, Gurung, Surendra Pandey, ” Pandey, ”, Hem Raj Kafle, Sunil Babu Pant, Nepal’s, Pant Organizations: Reuters, Local, Blue Diamond Society, Maoists, Nepali Congress Locations: Nepal, Lumjung, Kathmandu, South Asia, Taiwan, Asia

☆ Nepal registers first same-sex marriage; 'historic', say activists
▼ + stars: | 2023-11-29 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/2] Participants take part in an annual LGBTQ+ Pride parade, in Kathmandu, Nepal June 10, 2023. "We have issued the marriage registration certificate to the couple in consideration of the Supreme Court order and instructions from relevant government authorities," said Hem Raj Kafle, chief administrative officer of the Dordi rural municipality. In June, the country's Supreme Court issued an interim order allowing same-sex couples to register their marriages pending a final verdict. "It is historic," said Pant, a former lawmaker, noting that it was the first such registration in South Asia. Taiwan is the only other country to legalise same-sex marriage in Asia, where societies remain largely conservative.

Persons: Navesh, Ram Bahadur, Gurung, Surendra Pandey, Pandey, Raj Kafle, Sunil Babu Pant, Nepal's, Pant, Gopal Sharma, Shilpa Jamkhandikar, Richard Chang Organizations: REUTERS, Blue Diamond Society, Maoists, Nepali Congress, Thomson Locations: Kathmandu, Nepal, Lumjung, South Asia, Taiwan, Asia

CHIURI, Nepal, Nov 5 (Reuters) - Sobbing relatives of victims from Nepal's worst earthquake in eight years cremated their loved ones on Sunday as rescuers looked for people who could still be trapped in the rubble of collapsed buildings. The quake had a magnitude 6.4, Nepal's National Seismological Centre said, while the U.S. Geological Survey measured it at 5.6. Since Friday's quake, thousands of buildings in Jajarkot and neighbouring Rukum West district have collapsed or developed cracks making them uninhabitable. "I am shocked to lose almost all my family members," said the 41-year-old, who farms millet and corn. In Khalanga, the capital of Jajarkot district, survivors slept in the streets near damaged houses, wrapped in blankets to beat the cold.

Persons: Baljit Mahar, Mahar, Navesh, Kuber Kadayat, Shanta Bahadur B.K, B.K, Navesh Chitrakar, Yubaraj Sharma, Gopal Sharma, William Mallard, Christopher Cushing Organizations: Reuters, Seismological Centre, U.S . Geological, REUTERS, Nepal Police, Thomson Locations: CHIURI, Nepal, Chiuri, Jajarkot, U.S, Rukum West, Kathmandu, Nepalgunj, Jajarkot district

☆ 5 surprising facts about Finland, the world's happiest country
▼ + stars: | 2023-06-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Finland has been named the happiest country in the world for the last six years. Finland is also known for its saunas and strong welfare state, and it has several unusual traditions and social norms. ShutterstockIn Finland, speeding fines are based on how much money a resident makes, along with how fast they were driving. PictureItSoldTourist site Visit Finland estimates that there are three million saunas in Finland — or the equivalent of just over half a sauna per Finn. The country is home to a sport called "wife-carrying"eukonkantoWife-carrying is now an international sport, but the world championships are still held in Sonkajärvi, Finland.

Persons: —, Bahadur Organizations: Service, Shutterstock, Finns Locations: Finland, Nordic, New Mexico, New York City, Finnish, Sonkajärvi

☆ No hope of any survivors in Nepal's deadliest crash in 30 years, officials say
▼ + stars: | 2023-01-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

[1/3] Family members mourn the death of a victim of the plane crash of a Yeti Airlines operated aircraft, in Pokhara, Nepal January 17, 2023. REUTERS/Rohit GiriKATHMANDU, Jan 18 (Reuters) - Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country's deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. The search for the last one will continue," Tek Bahadur K.C., a top district official in Pokhara, said on Wednesday. "Until the hospital tests show all 72 bodies, we’ll continue to search for the last person," Ajay K.C said. Search teams found 68 bodies on the day of the crash, and two more were recovered on Monday before the search was called off.

☆ Nepal's 'fierce' ex-guerrilla chief becomes new prime minister
▼ + stars: | 2022-12-25 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

Prachanda, who replaces Sher Bahadur Deuba of the Nepali Congress party, will step down in 2025, making way for the UML to take over the office, local media reported. Remaining work of distribution of key other posts and ministries is still to be worked out," Dev Gurung, the general secretary of Prachanda's Maoist Centre party told Reuters after a meeting of the new coalition. The new coalition comes to power hours after Prachanda,68, surprisingly walked out of the ruling alliance led by Deuba of the Nepali Congress party. Deuba and Prachanda had both campaigned in the November election pledging to keep the old alliance intact for several years. The Nepali Congress party will be the main opposition controlling 89 seats.

☆ Charles 'The Serpent' Sobhraj freed from Nepal prison
▼ + stars: | 2022-12-23 | by ( Gopal Sharma | ) www.reuters.com time to read: +4 min

[1/2] Police officers escort Charles Sobhraj, a French national known as 'the Serpent', accused of killing over 20 young Western backpackers across Asia, to the Department of Immigration after he was released from prison, following an order of Nepal's Supreme Court, in Kathmandu, Nepal December 23, 2022. REUTERS/Chandra Bahadur AleKATHMANDU, Dec 23 (Reuters) - Charles Sobhraj, a convicted killer who police say is responsible for a string of murders in the 1970s and 1980s, was released from a Nepal prison on Friday after nearly two decades behind bars. Sobhraj was driven out of Central Jail in Kathmandu by a cavalcade of police cars a little after midday, Ishwari Prasad Pandey, a jailor at the Central Jail, told Reuters. Sobhraj escaped from India's Tihar jail in 1986 after drugging prison guards with cookies and cakes laced with sleeping pills. "Jail authorities will hand him over to the department of immigration today," Sobhraj's lawyer, Chintan told Reuters earlier on Friday.

☆ Foreign workers killed working on U.S. bases likely didn't get compensation required by U.S., report says
▼ + stars: | 2022-12-20 | by ( Andrew W. Lehren | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +5 min

Tens of thousands of workers from Nepal, the Philippines and other developing countries took jobs at U.S. military bases in Afghanistan. Called third-country nationals, or TCNs, because they were not from the U.S. or Afghanistan, they worked as cafeteria workers, janitors and often armed guards for the bases. When a car bomb or other Taliban attack occurred, Afghans and TCN contractors “were far more likely to be killed or injured,” said the report. During the interviews, Coburn and Gill found 12 different contract workers injured or killed who did not appear to have received proper compensation. When contractors are found to have violated insurance requirements, there is little punishment, according to the report.

☆ Nepal to end eight-month ban on imports of cars, phones as reserves rise
▼ + stars: | 2022-12-15 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

KATHMANDU, Dec 15 (Reuters) - Nepal will end an eight-month ban on the import of cars, expensive mobile phones and liquor on Friday as the country's foreign currency reserves have increased, officials said on Thursday. The Himalayan nation, tucked between China and India, restricted imports of cars, gold and cosmetics in April saying its reserves could barely support imports for fewer than seven months. But the central bank said on Thursday that reserves had increased 1% to $9.63 billion as of mid-November from $9.54 billion in mid-July – sufficient to cover imports for 8.4 months. "The government feels that the reserves are in a comfortable position now," Commerce Ministry spokesperson, Narayan Prasad Regmi, told Reuters. Imports of seven other items, including cosmetics, were eased in September.

☆ How small businesses can capitalize on the holiday shopping frenzy using social media marketing
▼ + stars: | 2022-11-30 | by ( Alexandra York | ) www.businessinsider.com time to read: +7 min

Social media is one way to attract the eager customers and book sales this holiday season. Social media is one way to do so. Social media helps Dixson establish credibility for prospective customers and land brand partnerships, which help financially support her business, she said. Read more: Founder Finances: A subscription-box founder shares the monthly budget she uses to hit six figures in sales3. courtesy of CurtisAlexa Curtis invests in shaping her overall personal brand, which she shares with followers on social media.

☆ Nepal's ruling party seen emerging as the single largest in elections
▼ + stars: | 2022-11-23 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

The Nepali Congress of Prime Minister Sher Bahadur Deuba has won 13 of 22 results declared, with three each going to the main opposition Nepal Communist Unified Marxist-Leninist (UML) party and the newly formed National Independent Party (NIP). A five-time prime minister, Deuba won his remote Dadeldhura constituency for the seventh straight time since 1991. The Maoist Centre, a dominant partner in the ruling coalition, is leading in 14 seats and has won just two seat in the parliament. But final results could be about 10 days away, as election officials need to count millions of paper ballots manually. read moreThe Nepali Congress party is seen as pro-India, while the UML is considered closer to China.

☆ Nepalis vote amid looming inflation, political stability concerns
▼ + stars: | 2022-11-20 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

There are no pre-election polls, but political analysts expect the ruling alliance to retain power. Polls close at 5 p.m. (1115 GMT), the Election Commission said. "Let us celebrate democracy by participating in voting," Deuba said. Political stability has proven elusive for the poor nation, wedged between China and India, discouraging many investors. The Election Commission has urged voters to cast their secret votes without fear of threat, intimidation and obstacle.

☆ Explainer: Key issues in Nepal's national elections
▼ + stars: | 2022-11-18 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

KATHMANDU, Nov 18 (Reuters) - Nepal will hold national and provincial elections on Sunday, which the ruling coalition, led by the centrist Nepali Congress party, are expected to win. MAIN CONTESTANTSPrime Minister Sher Bahadur Deuba, who leads the Nepali Congress party, has allied with the Maoist Centre party, the main group of former Maoist rebels. His Nepali Congress party is considered the closest to India. The Maoist Centre party led by supremo Prachanda could emerge as a kingmaker in case of inconclusive elections. CHINA, INDIA INTERESTNeighbouring China and India, with their strategic and economic interests, will be watching the election results.

KATHMANDU, Nov 9 (Reuters) - An earthquake of magnitude 6.6 struck Nepal early Wednesday, killing at least six people, destroying multiple houses in the western district of Doti and shaking the Indian capital New Delhi, officials said. "Expressing my heartfelt condolences to the families of those who died in the earthquake," Prime Minister Sher Bahadur Deuba wrote on Twitter. Nepal's seismological centre set the earthquake at a magnitude of 6.6. The European-Mediterranean Seismological Centre (EMSC) had pegged the earthquake at a magnitude of 5.6. Media reports after the quake showed tremors were also felt in New Delhi and surrounding areas, some 350km (220 miles) from Doti.

☆ Nepal’s Oli vows balanced ties with China, India if returned to power
▼ + stars: | 2022-11-04 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

KATHMANDU, Nov 4 (Reuters) - Nepal's main communist opposition party will balance the Himalayan nation's ties with neighbours China and India for mutual benefit if it is returned to power in a general election this month, its leader said. India, Nepal’s biggest trade and economic partner, sees it as a natural ally and has invested billions of dollars in its infrastructure. Sharma Oli, a two-time former prime minister and president of opposition Communist Party of Nepal (Unified Marxist-Leninist), or UML, told Reuters in an interview on Wednesday. Our foreign policy will be based on mutual benefits and mutual respect,” Oli said as he sat in his office. "The high interest rates are not helpful to businesses and industries," Oli said, vowing to cut rates if returned to power.

☆ A possible recession means founders have to be pickier about costs, but social media marketing should always be a priority. Here are 4 ways to do so, ranging from $0 to $2,000.
▼ + stars: | 2022-10-28 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Social media is a necessary tool for attracting customers, building connections, and booking sales. Social media helps Dixson establish credibility for prospective customers and land brand partnerships, which help financially support her business, she said. Read more: Founder Finances: A subscription-box founder shares the monthly budget she uses to hit six figures in sales3. Read more: Founder Finances: A virtual assistant mentor shares the budget that helps her reach $15,000 in monthly sales. courtesy of CurtisAlexa Curtis invests in shaping her overall personal brand, which she shares with followers on social media.

☆ Dogs get their day at Hindu festival dedicated to them in Nepal
▼ + stars: | 2022-10-25 | by ( Yubaraj Sharma | ) www.reuters.com time to read: +2 min

People gather to worship a dog at Sneha’s Care, a shelter for street dogs, during the Kukur Tihar or the festival of dogs as part of Tihar celebration in Lalitpur, Nepal October 24, 2022. REUTERS/Navesh ChitrakarLALITPUR, Nepal, Oct 25 (Reuters) - Dog lovers of Nepal honoured canines on Monday, putting bright orange garlands around their necks and indulging them with treats to celebrate a Hindu festival highlighting the loyalty of dogs to humans. Register now for FREE unlimited access to Reuters.com RegisterThe tradition originates in Nepal, where street dogs are prevalent and dog welfare is struggling. The Sneha Care shelter has around 170 dogs, some of which have been abandoned, owner Sneha Shrestha said. "It is fun when we make garlands, wear them, and feed the dogs during the Festival of Dogs," local resident Tirtha Bahadur Khatri said.

☆ Cel puţin 17 persoane au murit, în urma inundaţiilor şi alunecărilor de teren din Nepal şi Bhutan
▼ + stars: | 2021-06-18 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Zilele de ploi torenţiale au făcut ravagii în mai multe zone din Nepal şi Bhutan, declanşând inundaţii şi alunecări de teren care au lăsat în urma lor cel puţin 17 morţi, informează DPA. Trei cadavre au fost recuperate în districtul Sindhupalchok, lovit de inundaţii marţi seara, a precizat Baburam Khanal, un administrator local. "Doi decedaţi erau chinezi, iar a treia victimă este un indian care lucra în proiecte locale", a declarat Khanal pentru DPA. În Bhutan, 10 persoane au murit luate de ape la începutul acestei săptămâni în Laya (nord-vest) în timp ce culegeau cordyceps, o ciupercă de munte, folosită adesea în medicina tradiţională. Marţi, într-o postare pe Facebook, premierul Bhutanului, Lotay Tshering, a prezentat condoleanţe familiilor victimelor, indicând că o echipă de salvare a fost trimisă în zona afectată de intemperii.

Organizations: Facebook Locations: Nepal, Bhutan, Nepalului, graniţa, China, Sindhupalchok, Laya, Bhutanului

☆ Nepal’s Organ Trail: How traffickers steal kidneys
▼ + stars: | 2014-06-26 | by ( Sugam Pokharel | ) edition.cnn.com time to read: +8 min

Kathmandu, Nepal CNN —On the streets of Kathmandu, the sight of people begging for kidney treatment has become common. Like many in Kavre, Pariyar makes a living from selling cattle milk and doing seasonal labor jobs on nearby farms. The traffickers, Pariyar says, had all the fake documents ready to prove his false identity. Understanding the economic situation in this district is the key to understanding why so many people here easily fall prey to kidney traffickers. Two brothers who were duped by kidney traffickers show their scars Sugam Pokharel/CNN“They want better services, they want Indian doctors.

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