Gold claws back losses after biggest fall in 30 years
Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.
17 April 2013
Sprint counteroffer to make no difference: SoftBank
Japan's SoftBank said Tuesday it still expects its bid to acquire Sprint Nextel will succeed on schedule in July, despite a higher counter-offer from a US firm.
S. Korea proposes $17.3 bn extra budget for 2013
South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.
Oil tumbles for second day on slower Chinese growth
Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.
Kazakhstan planning to boost uranium extractionThe uranium production output in Kazakhstan made up 20 900 tons in 2012. In 2011 the country’s share in global uranium supplies stood at 35%.
15 April 2013
Water deficit may triple in Kazakhstan by 2050If we don’t act, water supplies will be three times lower than the demand in Kazakhstan by 2050: Kazakhstan Environment Minister Kapparov.
15 April 2013
CCO Jim Cochrane resigns from ENRCChief Commercial Officer of Eurasia Natural Resources Corporation PLC (ENRC) Jim Cochrane has resigned.
15 April 2013
Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.
15 April 2013
Barroso assures US of Europe's 'strong' economy The president of the European Commission, Jose Manuel Barroso, called on the United States Friday to not underestimate Europe's economic strength.
14 April 2013
EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.