Psy, Samsung push 'brand Korea' in 2012
A breakthrough year for "brand Korea" -- led by the rapper Psy and electronics giant Samsung -- has boosted efforts to promote a country that still feels overshadowed, under-appreciated and misunderstood.
11 December 2012
IMF's Lagarde warns against US fudge on fiscal cliff
The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.
Spanish health workers stage fresh protest against cuts
Thousands of Spanish health workers clad in white medical garb marched in Madrid on Sunday in a fresh protest against government health cuts and privatisation plans, just days after a similar demonstration.
10 December 2012
With Romney filing, 2012 election spending tops $2 bn
Republican Mitt Romney raised $85.9 million in the final weeks of the White House race, his campaign said Thursday, bringing the total spent on the presidential election to a record $2 billion.
Judge calls for "global peace" in Apple-Samsung war
A judge mulling whether to trim or overturn Apple's billion-dollar damages award against Samsung on Thursday called for a ceasefire in the ongoing patent war between the smartphone titans.
07 December 2012
TENGRI LIFE
TENGRI TRAVEL
US court gives Argentina new break on debt payment A New York appeals court on Tuesday rejected a motion by hedge funds to force Argentina to make a security deposit as Buenos Aires seeks to overturn an order that it repay $1.3 billion to holders of defaulted bonds.
06 December 2012
HSBC to sell stake in China insurer Ping An for $9.4 bn Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to shift its focus back towards its traditional banking business.
05 December 2012
Greece launches bond buyback programme Greece's PDMA national debt agency said on Monday it had begun a voluntary buyback of the country's bonds at heavily discounted prices, a condition for receiving its latest instalment of EU-IMF bailout funds.
Asian shares mixed as US worries trump China data Asian markets were mixed on Monday, after optimism over data showing Chinese manufacturing activity had picked up pace in November was tempered by concerns over US talks to avert the fiscal cliff.
03 December 2012
S&P upgraded Samruk-Kazyna's credit ratingStandard & Poor’s has upgraded its long- and short-term local and foreign currency credit ratings of Kazakhstan's Samruk-Kazyna National Welfare Fund.
China manufacturing hits 13-month high in November: HSBC Manufacturing activity in China hit a 13-month high in November, HSBC said Monday, in another sign that the world's second largest economy is emerging from a drawn-out slumber.
03 December 2012
Car import dropped 75-fold in Kazakhstan119,809 cars were imported to Kazakhstan for personal use in 2011 and only 1,599 such cars were imported in 10 and a half months of 2012.