US financier tied to Pinochet money laundering dies US financier tied to Pinochet money laundering dies Texas financier and media magnate Joe Allbritton, who lost the scandal-racked Riggs bank to a hostile takeover after it was fined for helping Chilean dictator Augusto Pinochet launder money, has died at the age of 87.
13 December 2012
German company suspected of bribery in Kazakhstan German company suspected of bribery in Kazakhstan GfT Bautechnik, an affiliated company of ThyssenKrupp, took part in construction of artificial islands in the Caspian Sea and supplied cutoff piling there.
13 December 2012
'Gulf princesses' hold key to lingerie firm revival 'Gulf princesses' hold key to lingerie firm revival Gulf princesses. The key to success holds in two simple words for Maison Lejaby, a historic lingerie maker rescued from collapse 10 months ago, and newly revived as a purveyor of "Made in France" luxury.
12 December 2012
IMF warns Hong Kong property faces price correction IMF warns Hong Kong property faces price correction The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
12 December 2012
Best Kazakhstan-made goods being selected in Astana Icon Best Kazakhstan-made goods being selected in Astana A state contest-exhibition Best Kazakhstan Goods-2012 kicked off in Korme exhibition center in Astana on December 11.
12 December 2012
Pensions to be raised by 9% starting from January 1, 2013 Pensions to be raised by 9% starting from January 1, 2013 As of December 1, 2012 the average retirement allowance stands at $257.
12 December 2012
PPR joins luxury sector rivals on China gold rush trail PPR joins luxury sector rivals on China gold rush trail PPR, the French retailer that has snapped up Hong Kong jeweller Qeelin, intends to leverage the brand to build its presence in China and across Asia in a path already trodden by up-market rivals such as Richemont and Hermes.
12 December 2012
Argentinean cows need good nourishment: Nazarbayeva Argentinean cows need good nourishment: Nazarbayeva Kazakhstan Parliament has once again discussed unsuccessful results of the country's cattle breeding program.
11 December 2012
Samruk-Kazyna mulls dividing its affiliated companies into public and non-public Samruk-Kazyna mulls dividing its affiliated companies into public and non-public This was suggested by an independent director of KazTransGas at the meeting of independent directors of Samruk-Kazyna group of companies with the Fund's chairman.
11 December 2012
Government to secure transparency of EXPO-2017 financing Government to secure transparency of EXPO-2017 financing Kazakhstan President instructed to properly manage the budget of EXPO-2017.
11 December 2012
Psy, Samsung push 'brand Korea' in 2012 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 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.
10 December 2012
The Year of the Snake commemorative coins released in Kazakhstan The Year of the Snake commemorative coins released in Kazakhstan The National Bank of Kazakhstan announced release of The Year of the Snake commemorative gold and silver coins.
10 December 2012
Spanish health workers stage fresh protest against cuts 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 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.
07 December 2012
Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran Cutting over 400 jobs in Pavlodar linked to suspension of export to Iran Pavlodar oblast authorities have linked firing of over 400 employees of the steel plant with suspension of export of goods to Iran.
07 December 2012
Judge calls for "global peace" in Apple-Samsung war 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
Kazakhstan air companies to buy aircrafts at manufacturer's cost Kazakhstan air companies to buy aircrafts at manufacturer's cost Kazakhstan entered the Cape Town Convention that provides countries with financial benefits for purchase of modern aircrafts.
07 December 2012
US court gives Argentina new break on debt payment 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

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