Hyundai supplier accused by US authorities of child labor violations
The Department of Labor (DOL) has said that SL Alabama LLC, a subsidiary of SL Corp. of South Korea, employed underage workers at its factory in Alexander City, Alabama, according to filings filed Monday with the US District Court for the Middle District of Alabama, Reuters reported. Since November, SL Alabama has “repeatedly violated” labor laws by employing “oppressive child labor” and “children under the age of 16,” the DOL said in a six-page complaint.
Gold price drops by Rs 200 per tola on Monday
The price of gold has dropped by Rs 200 per tola in the domestic market on Monday. According to the Federation of Nepal Gold and Silver Dealers' Association, the precious yellow metal is being traded at Rs 95, 300 per tola today. It was traded at Rs 95, 500 per tola on Sunday. Meanwhile, tejabi gold is being traded at Rs 94, 800 per tola. Similarly, the price of silver has decreased by Rs 5 and is being traded at Rs 1,165 per tola today.
Nepse plunges by 7. 72 points on Sunday
The Nepal Stock Exchange (NEPSE) plunged by 7. 72 points to close at 2,060.55 points on Sunday. Similarly, the sensitive index dropped by 1. 49 points to close at 398. 58 points. A total of 5,339,004 units of the shares of 218 companies were traded for Rs 2. 04 billion. Meanwhile, Mandakini Hydropower Limited was the top gainer today with its price surging by 10 percent. Likewise, River Falls Power Limited was the top loser with its price dropped by 5. 19 percent. At the end of the day, the total market capitalization stood at Rs 2. 95 trillion.
Nepse surges by 27. 56 points on Thursday
The Nepal Stock Exchange (NEPSE) gained 27. 56 points to close at 2,068.26 points on Thursday. Similarly, the sensitive index surged by 5. 41 points to close at 400. 08 points. Meanwhile, a total of 5,101,290 unit shares of 220 companies were traded for Rs 2. 05 billion. In today’s market, all sub-indices saw green. HydroPower topped the chart with 70. 77 points. Meanwhile, Mandakini Hydropower Limited and Upper Solu Hydro Electric Company Limited were the top gainers today, with their price surging by 10. 00 percent. NIBL Pragati Fund was the top loser as its price fell by 3.80 percent. At the end of the day, total market capitalisation stood at Rs 2. 96 trillion.
