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Starbucks to enter coffee-loving Vietnam Starbucks said Thursday it would open its first store next month in Vietnam, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia.

03 January 2013

US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

Pentagon welcomes fiscal deal, warns against cuts US Defense Secretary Leon Panetta on Wednesday welcomed a deal to avert automatic budget cuts that would have slashed military spending and caused "damaging" consequences.

03 January 2013

Amazon fends off Apple claim to "Appstore" name A federal judge on Wednesday rejected Apple's claim of false advertising for Amazon.com to refer to its online shop for mobile gadget applications as an "app store."

03 January 2013

Oil down as euphoria over fiscal cliff deal fades Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

03 January 2013

Obama says fiscal cliff deal made tax system fairer President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.

02 January 2013

Britain urges bold G8 action on global economy British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June.

02 January 2013

Almaty airport wants to resolve dispute with Air Astana via Kazakhtsan government President of Almaty airport told about the letter to Kazakhstan government and Samruk-Kazyna with suggestion to transfer responsibility for aircrafts deicing to airports.

01 January 2013

Spain faces 207-bn-euro headache in 2013 Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.

31 December 2012

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US backs Argentina in debt restructring case The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds.

31 December 2012

Apple to drop patent claims against Samsung phone Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States.

30 December 2012

Kazakhstan prolongs oil products export ban into 2013 To prevent critical deficit and prices growth at the domestic market of oil products, Kazakhstan government decided to introduce a 6-month ban on export of oil products.

29 December 2012

Kazakhstan approves 9-percent pension raise for 2013 Kazakhstan government has signed a decree raising pensions by 9 percent starting from January, 2013.

28 December 2012

India set to clear IKEA retail plan: minister India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its flat-pack products.

28 December 2012

New Japanese finance chief hits out at BoJ: reports Japan's new finance chief hit out at the country's under-pressure central bank, reports said Thursday, saying it was "slow" in tackling deflation that has plagued the economy for years.

28 December 2012

S. Korea cuts growth outlook for 2012, 2013 The South Korean government on Thursday slashed the nation's growth outlook for 2012 and 2013, citing the eurozone debt crisis and US fiscal woes that continue to dampen global demand.

28 December 2012