Binance Freezes $2.54bn in Funds as it Probes Possible Security Breach

Binance, the world’s largest cryptocurrency exchange, said Thursday that at least $2.54 billion in funds have been frozen while it investigates a possible security breach. In a statement, the company said its security teams were examining the incident urgently...


Global Ecosystem Restoration Hits Record Scale, but UN Says Pace Must Quicken

Yerevan– A record 252 million hectares across 149 countries are now under restoration, according to a UN report released Thursday, but the world is still moving too slowly to meet its 2030 targets. The report, Nature’s Comeback, was produced...


Government to Provide Rs 2.19 Billion in Subsidies for Agricultural and Livestock Insurance

Kathmandu — The government will provide around Rs 2.19 billion in subsidies for crop and livestock insurance in the current fiscal year 2026/27 to reduce risks and losses in the agricultural sector and strengthen farmers’ financial security, according to...


World Bank: Iran War Pushing Energy and Food Costs Higher, Inflation Risks Mount

Kathmandu — The conflict involving Iran is set to make energy and food markedly more expensive this year, according to a new World Bank assessment that warns the squeeze could deepen if disruptions continue. In its latest Commodity Markets...


Rasuwa Flood Insurance Payouts Exceed Rs 821 Million as Claims Top Rs 20.9 Billion

Kathmandu — Insurance companies have paid more than Rs 821.3 million, including advance payments, to settle claims for damage to physical infrastructure, vehicles and other property caused by the devastating floods in the Bhotekoshi and Trishuli rivers in Rasuwa...


Insurance Agents’ Association Demands Halt to Incentive Cuts, Questions Regulator’s Role

Kathmandu — The Professional Insurance Agents Association Nepal has demanded an immediate halt to cuts in incentive payments to agents after life insurance companies began reducing the amounts they provide. The association has objected to what it says is...


UNEP Outlines Steps for Adopting and Signing Global Plastics Treaty

Bangkok – The UN Environment Program (UNEP) has set out how the global plastic pollution treaty would be adopted and opened for signature. Presenting the process on 26 September, Stadler Trengove, UNEP’s principal legal officer and chief of its...


CARE Ratings Nepal Reaffirms Sun Nepal Life’s ‘Triple B Plus’ Rating

Kathmandu – CARE Ratings Nepal has reaffirmed Sun Nepal Life Insurance Company’s ‘CARE-NP Triple B Plus’ issuer rating, pointing to steady premium growth, a sound investment portfolio, reinsurance support and solvency well above the regulatory minimum. The rating signals...


Riots Rattle France Months Before Election as Macron Vows Crackdown, Trump Blames Immigration

Paris – A wave of protests over rising prices and struggling schools turned destructive this weekend. France is now tallying burned public buildings, ransacked shops and thousands of arrests. Officials put Saturday’s turnout at roughly 550,000, while organizers claimed 800,000....


Global Rule of Law Declines for Ninth Straight Year, WJP Index Finds

Washington – The rule of law weakened in more countries than it strengthened for the ninth consecutive year, according to the World Justice Project’s 2026 Rule of Law Index, which warns that authoritarian practices are becoming entrenched worldwide. The index,...