Violence breaks out in Bangladesh after death of youth protest leader

Violence has erupted in Bangladesh following the death of a prominent leader of the youth movement that ousted former Prime Minister Sheikh Hasina, BBC reported. 

Sharif Osman Hadi was shot by masked attackers while leaving a mosque in Dhaka last week and died of his injuries on Thursday while being treated in Singapore.

The shooting came a day after Bangladeshi authorities announced a date for the first elections since the uprising in 2024, which Hadi had been planning to contest as an independent candidate, according to BBC. 

TikTok owner signs deal to sell US business

TikTok's Chinese owner ByteDance has signed binding agreements with US and global investors to sell the majority of its business in America, TikTok's boss told employees on Thursday, BBC reported. 

Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive Shou Zi Chew.

The deal, which is set to close on 22 January, would end years of efforts by Washington to force ByteDance to sell its US operations over national security concerns, according to BBC. 

Tulsipur High Court orders release of Rabi Lamichhane on bail

The Tulsipur High Court on Tuesday ordered the release of Rastriya Swatantra Party (RSP) President Rabi Lamichhane on bail.

A division bench of Justices Basudev Acharya and Tej Narayan Poudel issued the order, directing Lamichhane’s release. 

He will be released after posting a bail amount of Rs 27.484 crore.

 

Nepse plunges by 10. 66 points on Thursday

The Nepal Stock Exchange (NEPSE) plunged by 10. 66 points to close at 2, 615. 03 points on Thursday. 

Similarly, the sensitive index dropped by 1. 63 points to close at 450. 22 points.

A total of 11,291, 401-unit shares of 329 companies were traded for Rs 1. 48 billion.

Meanwhile, Swastik Laghubitta Bittiya Sanstha Limited (SWASTIK) and SY Panel Nepal Limited (SYPNL) were the top gainers today with their price surging by 10. 00 percent.

Likewise, Barahi Hydropower Public Limited (BHPL) was the top loser as its price fell by 4. 76 percent.

At the end of the day, the total market capitalization stood at Rs 4. 39 trillion.

KP Oli re-elected as UML Chair

KP Sharma Oli has been re-elected as Chairman of the CPN-UML, securing a third consecutive term by defeating party rival Ishwor Pokharel at the 11th General Convention.

According to the final vote count, Oli received 1,663 votes, while Pokharel garnered 564.

Voting, which began on Wednesday morning, saw 2,227 of the 2,263 general convention delegates cast their ballots. Thirty-six representatives abstained from the voting process.

 

 

 

 

 

Cambodia-Nepal B2B Business Interaction Program 2026 in the offing

A Cambodia–Nepal B2B Business Interaction Program 2026 is set to be held with the aim of strengthening trade, investment and cultural cooperation between Nepal and Cambodia.

The event to be held in Cambodia in the last week of Poush month will be organized by Cambodia's Juba Supplies and Maintenance Company Limited (JSM Cambodia), while Nepal's Season Media is said to manage the event.

The program will include the participation of business representatives from Nepal such as the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Nepal Chamber of Commerce, as well as from the tourism, aviation, travel and tourism, manufacturing, culture, technology, and import-export sectors.

Ram Prasad Padhya, the program coordinator, said that representatives from the Cambodia Chamber of Commerce, Tourism and Hospitality Association, aviation company, private investment groups, business organisations, and the cultural-creative sectors will participate from Cambodia.

According to him, it will also provide a platform for networking and sharing experiences for businesspeople, artists, entrepreneurs, and innovators from Asian countries.

Lal Singh Khadka, former president of the Non-Resident Nepali Association Cambodia and a businessman, said it is expected that the bilateral friendship, cultural diplomacy and tourism promotion between Nepal and Cambodia will be further strengthened through this programme.

Investment and business meetings, sectoral discussions, business networking and policy dialogues will be conducted between Nepali and Cambodian businesspeople as part of the program.

Similarly, opportunities for joint investment and collaboration will be identified in high-potential sectors such as tourism and hospitality, aviation, travel services, agriculture, manufacturing, real estate, cultural and creative industries, and digital innovation.

As a special attraction of the program, outstanding entrepreneurs, industrialists and institutions contributing to economic development, innovation and bilateral cooperation between the two countries will be honoured with the 'International Excellence Award'.

This award ceremony will honour individuals and organizations from Cambodia and other Asian countries who have made exceptional contributions in various fields such as industry, arts, innovation, tourism, education, and health.

Program Manager Pradeep Raj Onta said that the International Excellence Award is being organized to recognize the contributions of professional and institutional personalities across Asian countries and to promote international cooperation and cultural exchange.

Businessman Khadka stated that the International Trade Conference 2026 programme serves not only as a business meeting but also as an important platform for establishing long-term partnerships, expanding people-to-people relations, and building a foundation for shared prosperity between the two countries.

It is believed that the program will make a significant contribution to promoting bilateral trade, tourism development, and investment expansion.

 

US approves $11.1 billion arms package for Taiwan, largest ever

The United States on Wednesday approved $11.1 billion in arms sales to Taiwan, the largest ever U.S. weapons package for the island which is under increasing military pressure from China, Reuters reported. 

The Taiwan arms sale announcement is the second under U.S. President Donald Trump's current administration, and comes as Beijing ramps up its military and diplomatic pressure against Taiwan, whose government rejects Beijing's sovereignty claims.

The proposed arms sale covers eight items, including HIMARS rocket systems, howitzers, Javelin anti-tank missiles, Altius loitering munition drones and parts for other equipment, Taiwan's defence ministry said in a statement, according to Reuters. 

Putin says Russia will take more land in Ukraine if Europe sinks peace moves

President Vladimir Putin said on Wednesday Russia would take more land in Ukraine by force if Kyiv and European politicians whom he cast as "young pigs" did not engage over U.S. proposals for a peace settlement, Reuters reported. 

The United States has held talks with Russia, and separately with Kyiv and European leaders, on proposals for ending the war in Ukraine but no deal has been reached. Kyiv and its European allies are concerned by demands for Ukrainian territorial concessions and Ukraine wants stronger security guarantees.

At an annual Defence Ministry meeting, Putin said Russia, which sent tens of thousands of troops into Ukraine in 2022, was advancing on all fronts and would achieve its aims by force or through diplomacy, according to Reuters.