Latest NEPSE and Share Market News - Page 103

Regulatory Hammer Falls: Sagarmatha Lumbini Insurance and Lord Buddha Reinsurance Broking Hit With Fines!
The Nepal Insurance Authority has imposed cash penalties on Sagarmatha Lumbini Insurance and Lord Buddha Reinsurance Broking for violating regulatory directives and the Insurance Act.

Desperate Families Scavenge for Bricks as Kathmandu Bulldozers Level Riverfront Squatter Settlements
Hundreds of families displaced by Kathmandu's demolition drive are struggling to salvage building materials from the ruins of their homes amidst heavy rainfall.

Major Breakthrough in MRP Standoff: Importers Exempt from Labeling at Customs Points for Now!
The Nepal government has temporarily eased mandatory MRP labeling requirements at customs points, allowing importers to clear goods through self-declaration. This move aims to resolve a heated dispute between authorities and the business community over logistical challenges and infrastructure.

Massive Foreign Job Scam Busted: Five Arrested for Swindling Millions with False Promises of Overseas Employment
Nepal Police have arrested five individuals for allegedly defrauding job seekers of millions of rupees by promising lucrative employment opportunities in countries like the USA, Japan, and South Korea.

Massive Push to Clear Backlog: 1.7 Million New QR-Enabled Smart Driving Licenses Enter Production!
The Security Printing Center has begun printing 1.7 million additional smart driving licenses following a new agreement with the Department of Transport Management.

Samsung Joins Elite $1 Trillion Club: Shares Skyrocket 400% in a Single Year!
Samsung Electronics has surpassed a $1 trillion market capitalization, becoming the second Asian company to reach the milestone following a massive surge in AI chip demand.

NEPSE Under Pressure: Pre-Open Session Sees a Sudden 3-Point Slide!
The NEPSE index fell by 3.21 points to reach 2,708.00 during Thursday's pre-open session, with 21 stocks recording a decline in value.

SHOCKING: High-Profile Judge Presiding Over South Korean Former First Lady’s Major Stock Scandal Found Dead
A Seoul High Court judge overseeing a high-stakes stock manipulation appeal involving former First Lady Kim Keon-hee has been found dead near the court building. Authorities have launched an investigation into the circumstances surrounding his death.

From Local Snacks to Global Empires: The Unstoppable Rise of Nepal’s Multi-Billion Rupee Noodle Industry!
Nepal has emerged as the world's fourth-largest per-capita consumer of instant noodles, transforming a simple snack into a dominant economic force that supports over 100,000 jobs.

Gold and Silver Prices Skyrocket as Market Witnesses Another Massive Surge!
Precious metal prices continue their upward trend in Nepal, with gold rising by Rs 1,800 and silver by Rs 100 per tola on Thursday.

Trump Claims Massive Breakthrough in Iran Negotiations, Warns Conflict Damage Could Take 20 Years to Repair
US President Donald Trump reported significant progress in negotiations with Iran over the last 24 hours, indicating a potential end to the ongoing conflict.

Deadline Extended! Your Last Shot at Siddhartha Equity Fund 2’s Massive Unit Issue
Siddhartha Capital has extended the application deadline for its 12-year closed-ended mutual fund scheme, Siddhartha Equity Fund 2, until May 18, 2023.
