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Nepal asks India to supply 15k tonnes of LPG

Kathmandu / DPA Nepal Oil Corporation (NOC) has written to the Indian government requesting a supply of another 15,000 tonnes of cooking gas for next month as the country continues to suffer from a crippling shortage even one and a half months after the end of the embargo. Cooking gas shipments from Indian Oil Corporation (IOC) are expected to reach ...

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Samsung launches mobile payment service in China

Seoul / AFP South Korea’s Samsung announced the launch of its mobile payment service in China, where it is likely to struggle in an already crowded market that arch-rival Apple entered nearly six weeks ago. The world’s second largest economy is also the world’s biggest smartphone market, and Samsung Pay has a powerful partner in China — bank card provider ...

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Asia economy to grow 5.7%: ADB

MANILA / AP Softer growth prospects for China and a weak recovery in major industrial economies are expected to push down economic growth in developing Asia to 5.7 percent this year and next, below projections, the Asian Development Bank said on Wednesday. The gross domestic product of the region, made up of 45 countries, grew 5.9 percent in 2015. China’s ...

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