Casino Waldo Dynasty Entertainment Chair Chan arrested

Police have arrested Casino Waldo Dynasty Entertainment Chairman Chan Min Ching on Sunday.

Pawan Bhattarai, spokesperson and Deputy Superintendent of Police at the District Police Range Kathmandu, said that Ching, a Chinese national, was arrested on charges of fraud.

He said, "The police had previously arrested four Indians and two Nepalis from the casino on charges of cheating by creating dummy players in the casino and installing lenses in the eyes and chips in the cards. Ching has been arrested for investigation into the same matter."

The police stated that the Indian group ran a fraudulent operation by organizing gambling under the name of 'Casino Event' at the casino operated within the Aloft Hotel premises.

 

 

Deadly winter storm hits Nordics

A powerful winter storm sweeping across the Nordic region has left at least two people dead in Sweden and caused widespread disruption to transport and electricity supplies. Storm Johannes brought strong winds and severe weather, prompting the Swedish Meteorological and Hydrological Institute to issue alerts across much of the country’s northern half. One man in his 50s was killed after being hit by a falling tree at the Kungsberget ski resort in southern Sweden. Separately, a regional energy company confirmed that one of its employees died in a work-related accident during the storm.

Tens of thousands of homes across Sweden, Norway, and Finland were left without electricity. In Sweden alone, more than 40,000 households lost power, while rail services and flights were cancelled. Norway’s Nordland region reported over 200 weather-related incidents and major outages. In Finland, where the storm is known as Hannes, more than 33,000 homes lost power, though no injuries were reported.

 

Schools in Mahottari closed due to severe cold

In response to the harsh cold, local authorities in Mahottari have declared school closures. 

The prevalent cold weather, cold wave, and thick fog have disrupted daily activities, prompting all 15 local levels in Mahottari to suspend classes temporarily. 

Currently, a holiday of two to three days has been announced, which will be subtracted from the annual vacation days. 

According to a statement from the local authorities, the intense cold has begun to impact students, leading to the closure of schools within the municipalities. 

In the Tarai-Madhes region, cold waves and chilly winds have been prevalent in recent days. 

The extreme cold has particularly affected children and the elderly.

 

Nepse surges by 47. 55 points on Sunday

The Nepal Stock Exchange (NEPSE) gained 47. 55 points to close at 2, 633. 42 points on Sunday.

Similarly, the sensitive index surged by 8. 25 points to close at 456. 78 points.

A total of 13,468,145-unit shares of 328 companies were traded for Rs 1. 49 billion.

Meanwhile, Mid Solu Hydropower Limited (MSHL) was the top gainer today, with its price surging by 9. 49 percent. 

Likewise, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) was the top loser as its price fell by 10. 00 percent.

At the end of the day, total market capitalization stood at Rs 4. 42 trillion.