Jamaica pledged $2 billion for restructuring Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.
09 April 2013
Swiss banks eager to root out undeclared funds: experts Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.
09 April 2013
GM Holden cuts 500 jobs in Australia Car manufacturer GM Holden announced Monday 500 jobs will be axed from plants in Australia, blaming the strength of the local dollar for squeezing sales.
09 April 2013
Huawei looks to win back faith of United States Chinese tech giant Huawei said Monday that it hoped to "solve the challenges and problems" it has in the United States after Washington labelled it a security threat last year.
08 April 2013
Portugal PM announces severe spending cuts Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.
08 April 2013
KEGOC plans to earn $53 million in 2013 This year we expect to receive over 8 billion tenge in net profit: KEGOC chairman. He believe his company independent from the market.
08 April 2013
Sudan says S. Sudan oil exports to resume by end May South Sudanese oil will be shipped again from Sudan by the end of May, official media said on Saturday, after a shutdown of more than a year which cost both impoverished nations billions of dollars.
07 April 2013
Britain brings in ban on 'rip-off' surcharges A ban on "rip-off" surcharges imposed on credit card spending came into force in Britain on Saturday, meaning traders must ensure that the extra fees reflect genuine processing costs.
06 April 2013
Toyota pays $16 million to settle US acceleration suit Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars.
06 April 2013
Kazakhstan planning to boost oil production output to 120 million tons a year by 2020: PM Serik Akhmetov In 2012 Kazakhstan produced a total of 79.211 million tons, including condensed gas, 1.1% down as compared to 2011.
05 April 2013
Kazakhstan's Q1 gold and FX reserves announced The National Oil Fund’s assets as of April 1, 2013 stood at $59.806, 3.53% up against the start of the year.
05 April 2013
Kyrgyzstan to cut down on electric power exports to Kazakhstan in 2013 The major reason for reducing the power exports is the currently lower level of water in the Toktogul water reservoir.
05 April 2013
Mass leaks 'reveal secret world of tax havens' Millions of emails and leaked records from offshore tax havens have exposed the identities of thousands of holders of offshore accounts.
05 April 2013
Rosneft wants to control Russian oil export to Kazakhstan Rosneft has applied to Medvedev with a suggestion to make the company the sole coordinator of all supplies of Russian oil to Kazakhstan.
04 April 2013
People's IPO to start for KEGOC on May 13 Acceptance of applications for common shares of KEGOC under the People's IPO program will start on May 13.
04 April 2013
Shell puts last Australian refinery on market Global energy giant Shell announced Thursday it was selling its last remaining Australian refinery to focus on more sizeable assets abroad, a move that threatens 470 jobs.
04 April 2013
GM, Ford, Chrysler post best US sales since 2007 General Motors, Ford and Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago.
03 April 2013
Astana most expensive city in Central Asia Astana has turned out to be the most expensive city with an average cost of living at $2,604.
03 April 2013
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
03 April 2013
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