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Former US President Donald Trump has declined to answer questions as part of a New York state investigation into his family's business practices, BBC reported.

Mr Trump had sued in an effort to block the interview at the New York attorney general's office on Wednesday.

State officials accuse the Trump Organization of misleading authorities about the value of its assets in order to get favourable loans and tax breaks.

Mr Trump denies wrongdoing and has called the civil probe a witch hunt.

An hour after he was pictured arriving at the Manhattan office where he was questioned under oath, Mr Trump released a statement in which he criticised New York Attorney General Letitia James and the broader investigation.

"Years of work and tens of millions of dollars have been spent on this long simmering saga, and to no avail," he said. "I declined to answer the questions under the rights and privileges afforded to every citizen under the United States Constitution."

Ms James' office confirmed that the interview took place on Wednesday and that "Mr Trump invoked his Fifth Amendment right against self-incrimination".

"Attorney General James will pursue the facts and the law wherever they may lead," the statement added. "Our investigation continues."

His deposition comes just days after the FBI executed an unprecedented search warrant at his Florida estate, Mar-a-Lago, as part of a separate investigation that is reportedly linked to his handling of classified material. 

While the attorney general's investigation is a civil one, a parallel investigation is being carried out by the Manhattan District Attorney's office which could result in criminal charges, according to BBC.

Legal analysts suggest Mr Trump may have declined to answer questions on Wednesday because his answers could have been used against him in that criminal investigation. The former president invoked the Fifth Amendment, which protects people from being compelled to be a witness against themselves in a criminal case.

The questioning lasted around four hours, and included lengthy breaks, his lawyer Ronald Fischetti told US media.

Mr Trump began by reading a statement into the record condemning the attorney general and her investigation and invoking his Fifth Amendment rights.

He proceeded to say "same answer" to every question he was asked.

Ms James' office has said that the depositions - a legal term that means testimony not given in court - were among the last remaining investigative procedures to be carried out.

Once the investigation concludes, the state attorney general could decide to bring a lawsuit seeking financial penalties against Mr Trump or his company. 

Ms James had sought Mr Trump's deposition - and that of two of his children, Ivanka and Donald Trump Jr - for more than six months while the family resisted subpoenas through the New York court system. 

Lawyers for Mr Trump had also attempted to sue Ms James in a bid to prevent her from questioning the former president and his children.

But in February, a New York Supreme Court judge ruled that all three must sit for depositions. Ivanka and Donald Trump Jr were questioned earlier this month, BBC reported.

The judge said the investigation had uncovered "copious evidence of possible financial fraud" giving the attorney general a "clear right" to question under oath the former president and two of his children involved in the business.

Ms James hailed the judge's decision as a victory, saying that "justice has prevailed".

The investigation, which was first opened in 2019, seeks to prove that Mr Trump and the Trump Organization misrepresented the value of assets in order to obtain favourable loans and tax breaks. The alleged fraud is said to have taken place before Mr Trump took office, according to BBC.

Foreign Minister Narayan Khadka’s China trip was viewed through two distinct lenses in the country. For some it was a part of Prime Minister Sher Bahadur Deuba's ‘fig leaf’ diplomacy with China. In this reading, by sending his foreign minister to China before his own long-desired US trip, Deuba wanted to show that he is keenly aware of Nepal’s need to carefully balance the big powers. But, in reality, he wants to help the Americans fulfill their interests, a suspicion which has been bolstered by the recent appointment of his China-baiting foreign policy advisor.

In the other reading, the trip will really help bolster Nepal-China ties. This will be partly out of compulsion: many of Deuba’s coalition partners are staunchly in favor of a close partnership with China, even at the cost of alienating other powers. On the eve of upcoming elections, this visit will show the government is not beholden to India or the US. Critics point to the government’s recent handover of vital hydro projects to India, often in contravention of established norms. The prime minister’s wife openly hobnobs with the BJP honchos in New Delhi. Deuba has also been traditionally known as the American darling, an image that has only been solidified by his successful pushing of the MCC compact in the parliament (which, by the way, this newspaper endorsed). The same could be said of Deuba’s supposed backing of the Special Partnership Program (SPP)—no, we have not heard the last on this.  

These are delicate times. The Russia-Ukraine war shows no sign of abating. The situation on the Taiwan Strait continues to be tense, something that Nepal says it is ‘closely watching’. Whatever the case, as elections have been announced, the government should not sign any agreement with far-reaching consequences for the country with any outside power. Yet the opposite is true: Nepal’s relations with big powers unfortunately become a matter of election-time political grandstanding. That is risky business in these fraught times that call for carefully navigating the tricky geopolitical landscape.

Ambassador of Nepal to Pakistan Tapas Adhikari and Romina Khursid Alam, Member of National Assembly and Special Assistant to the Prime Minister/Minister of State Convener Parliamentary Task Force on SDG held a meeting at the Embassy on Wednesday, Islamabad Post reported.

During the meeting, they discussed Nepal-Pakistan relations,  SAARC and SDGs and ways to further strengthening it.

Both sides also discussed the historical relations between Nepal and Lahore and Gujranwala.

Nepal recorded 868 new Covid-19 cases and three deaths on Wednesday.

According to the Ministry of Health and Population, 3, 614 swab samples were tested in the RT-PCR method, of which 496 returned positive. Likewise, 3,091 people underwent antigen tests, of which 372 tested positive.

As of today, there are 5, 885 active cases in the country.

Three members of a family were found dead at Raru in Bungal Municipality-9 of Bajhang district on Wednesday.

Police said the trio (mother, son and daughter), who had left the house on Tuesday evening, were found hanging from a tree nearby their house this morning.

The deceased have been identified as Gita Parki (22), her five-year-old daughter and three-year-old son, Inspector Ramesh Awasti said.

Police said that the Gita’s husband Pushkar Parki had returned from India on Tuesday.

A police team from Chainpur has been heading towards the incident site for investigation.

The Nepal Stock Exchange (NEPSE) plunged by 5. 91 points to close at 2,056.88 points on Wednesday.

Similarly, the sensitive index dropped by 1.  68 points to close at 395. 75 points.

A total of 4,640,844 units of the shares of 218 companies were traded for Rs 1. 93 billion.

Meanwhile, Himalayan Hydropower Limited was the top gainer today with its price surging by 9. 97 percent. Likewise, Himalayan Everest Insurance Limited was the top loser with its price dropped by 9. 99 percent.

At the end of the day, the total market capitalization stood at Rs 2. 93 trillion.

Chinese navy ships remained active off both Taiwan’s east and west coasts on Wednesday morning, a source briefed on the matter told Reuters, as Beijing kept up military drills in protest against last week’s visit to the island by US House Speaker Nancy Pelosi.

A furious China has extended its largest-ever exercises around the self-ruled island it claims as its own beyond the originally scheduled four days. The drills last week have included ballistic missile launches, some of which flew over the island’s capital Taipei, and simulated sea and air attacks in the skies and waters around Taiwan.

Video released by Chinese state broadcaster CCTV on Wednesday showed Chinese fighter jets scrambling and refuelling mid-air, as well as navy ships on what it said were drills around Taiwan.

The Eastern Theatre Command of the Chinese People’s Liberation Army said the drills were focused on blockades and resupply logistics, “under a complex electromagnetic environment to refine joint containment and control capabilities”, according to CCTV.

About 20 Chinese navy and Taiwan navy ships remained close to the median line of the Taiwan Strait, an unofficial buffer separating the two sides, as of Wednesday morning, a source briefed on the matter told Reuters.

Several other Chinese ships continued to conduct missions off Taiwan’s eastern coast, according to the source, who spoke on the condition of anonymity.

Andrew Hsia, deputy chairman of the Kuomintang, Taiwan’s main opposition party, flew to China on Wednesday for what his party said was a pre-arranged trip to meet Taiwanese businesspeople.

Hsia told reporters he was not going to Beijing and did not have any official meetings arranged.

However, Taiwan’s government expressed “regret” at the trip coming amid the Chinese drills.

“At this moment, the Kuomintang still insisted on going to China, disappointing our people,” said Taiwan President Tsai Ing-wen.

Taiwan’s foreign minister said on Tuesday that China was using the military drills as a game-plan to prepare for an invasion of the self-ruled island.

“It is conducting large-scale military exercises and missile launches, as well as cyberattacks, disinformation, and economic coercion, in an attempt to weaken public morale in Taiwan,” Joseph Wu said on Tuesday, without providing evidence or offering a timetable.

“After the drills conclude, China may try to routinise its action in an attempt to wreck the long-term status quo across the Taiwan Strait.”

Pelosi, a long-time China critic and a political ally of President Joe Biden, visited Taiwan last week on the highest-level visit to the island by an American official in decades, despite Chinese warnings. She said her visit showed unwavering U.S. commitment to supporting Taiwan’s democracy.

The price of gold has increased by Rs 200 per tola in the domestic market on Wednesday.

According to the Federation of Nepal Gold and Silver Dealers' Association, the precious yellow metal is being traded at Rs 97, 100 per tola today.

Meanwhile, tejabi gold is being traded at Rs 96, 600 per tola.

Similarly, the price of silver is being traded at Rs 1,230 per tola today.