Nepal can't rebuild without the world's help

Even before one of the country's major fault lines rumbled to life, Nepal was beset by challenges: An extremely weak economy, rampant corruption and a series of climbing accidents on Mount Everest, its signature tourist attraction.

Nepal unveils $6.4 billion budget

KATHMANDU: Nepal's new government on Sunday unveiled the country's first full budget in three years, aimed at revitalising an economy hit by long-standing political turmoil.

South Asia Needs to Focus Attention on Domestic Risks

The World Bank said it was cautiously optimistic about economic prospects in South Asia in 2014 because of growing exports and investment as it emphasized that the risks to growth were becoming more domestic, including an increasingly vulnerable banking sector.

China eyes India trade by boosting spending in Nepal

KATHMANDU: China's ambassador to Kathmandu was recently pictured in a traditional Nepali cap and silk scarf, digging with a spade to symbolise the laying of the foundations of a new dry port near the Tibet border.