Latest NEPSE and Share Market News - Page 98
Nadep Laghubitta Declares No Dividend This Year
Nadep Laghubitta (NADEP) has decided to skip dividend distribution for its shareholders this year. Following a board meeting on May 14, the company resolved to forward its financial statements for the last fiscal year to the Nepal Rastra Bank for final approval without proposing any bonus shares or cash dividends.
Sanima Equity Fund 2 IPO: Closing Today!
The public issue of 'Sanima Equity Fund 2', a 10-year closed-ended mutual fund scheme managed by Sanima Capital, is closing today ahead of schedule. Out of the total 100 million units issued at a face value of Rs. 10 per unit, 85 million units were made available to the general public, drawing massive investor interest that led to an early closure.
Forex Update: Central Bank Reveals Latest Exchange Rates with US Dollar Trading at Rs. 153.85
Nepal Rastra Bank (NRB) has published the official foreign exchange rates for May 17, 2026. Under the new guidelines, the US Dollar is locked at a buying price of Rs. 153.25 and a selling price of Rs. 153.85, while the British Pound scales past the Rs. 205 threshold.
The Trillion-Rupee Tournament: 2026 World Cup Set to Trigger a $100 Billion Economic Windfall
The upcoming 2026 FIFA World Cup, jointly hosted by the USA, Canada, and Mexico, is projected to shatter all historical records with an economic turnover reaching up to $100 billion. To combat extreme North American summer temperatures, FIFA has introduced an unprecedented rule mandating official "cooling breaks" during both halves of every match to protect player welfare.
Nabil Bank Integrates Seamless SIP Investment Services into its 'nBank' Mobile App
Nabil Bank has expanded its digital landscape by embedding comprehensive investment services directly into its "nBank" mobile app. Launched in partnership with Nabil Investment Banking, the newly integrated feature allows users to register for Systematic Investment Plans (SIP) and execute installment payments directly from their smartphones with zero hidden fees.
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.