Latest NEPSE and Share Market News - Page 99
Wall Street Milestone: SpaceX Accelerates Historic Nasdaq IPO for June 12 Market Debut
Elon Musk’s SpaceX has fast-tracked its highly anticipated initial public offering, targeting a June 12 debut on the Nasdaq under the ticker 'SPCX'. Driven by a swift SEC review, the company is aiming for an unprecedented $1.75 trillion valuation, setting up the blockbuster offering to become the largest stock market listing in global financial history.
Monetary Policy Review: NRB Warns of Inflationary Risks as Fuel Costs Soar
Nepal Rastra Bank has left its key policy rates unchanged in its latest quarterly review. While keeping an accommodative stance to spur private sector credit, the central bank announced plans to fine-tune its standing deposit facility to make market interest rates more stable.
Jerome Powell Appointed Interim Chairman of the U.S. Federal Reserve Pending Leadership Transition
The U.S. Federal Reserve has officially appointed Jerome Powell as interim chairman following the conclusion of his second formal term. Powell will temporarily lead the central bank until newly confirmed successor Kevin Warsh takes the oath of office, while continuing his broader commitment to serve as a Federal Reserve Board Governor until 2028.
Modernizing Public Transport: Industry Leaders Call for Better Passenger Care and Professionalism
Transport entrepreneurs in Kathmandu have urged for a paradigm shift in the public transport sector, stressing that respectful passenger treatment, hygienic food services, and modernized IT systems are vital to transforming the industry's image and improving road safety.
WHO Declares Cross-Border Ebola Outbreak in DR Congo and Uganda a Global Health Emergency
The WHO has declared a global health emergency over an expanding Ebola outbreak spanning DR Congo and Uganda. With no approved vaccines available for this specific Bundibugyo strain, international agencies are racing to enforce strict isolation protocols across both countries to suppress a pathogen that carries an average 50% fatality rate.
Down by Rs. 4,500! Massive Single-Day Gold Crash Hits Nepal
Domestic precious metal benchmarks hit a steep low as fine gold slips to Rs. 294,000 and silver drops to Rs. 5,060 per tola.
Mid Solu Hydropower’s 15% Bonus Shares Now Tradable on NEPSE
NEPSE has listed 1,122,600 bonus shares of Mid Solu Hydropower Limited, following its 15.789% total dividend endorsement.
NID Shift: From Home Ministry Back to Prime Minister’s Office
Prime Minister Balendra Shah has moved the National Investigation Department under the PMO's direct control, reversing its previous Home Ministry affiliation.
NEPSE Inches Higher to 2,731 as Mutual Funds Lead Marginal Recovery
NEPSE ended the week with a slight 1.77-point gain, supported by a Rs 3.09 billion turnover despite volatility in hydropower stocks.
Namaste Pay and Mayur Yatayat Launch NFC Metro Cards with Live Bus Tracking
Namaste Pay introduces contactless transit payments and live GPS bus tracking on the Kathmandu-Dhulikhel route.
NIC Asia Bank Introduces QR-Enabled Auction Property Platform
NIC Asia Bank launches an online portal featuring photos, maps, and coordinates for properties listed for auction.
No Payout: Vijaya Laghubitta (VLBS) Skips Dividend for FY 2081/82
Vijaya Laghubitta (VLBS) decides against distributing dividends to its shareholders for the Fiscal Year 2081/82.