HSBC to sell stake in China insurer Ping An for $9.4 bn 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 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.
05 December 2012
Russian shareholder drops $9 bn BP suit: report Russian shareholder drops $9 bn BP suit: report A minority shareholder in BP's Russian joint venture TNK-BP has dropped a long-running $9.3 billion suit against the British oil giant.
05 December 2012
Standard & Poor’s retains Kazakhstan's credit ratings Standard & Poor’s retains Kazakhstan's credit ratings Standard & Poor’s has retained Kazakhstan’s long- and short-term foreign and local currency sovereign credit ratings at 'BBB+/A-2'.
03 December 2012
Asian shares mixed as US worries trump China data 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 rating S&P upgraded Samruk-Kazyna's credit rating Standard & Poor’s has upgraded its long- and short-term local and foreign currency credit ratings of Kazakhstan's Samruk-Kazyna National Welfare Fund.
03 December 2012
Kazakhstan leads Central Asia by number of multi-millionaires Kazakhstan leads Central Asia by number of multi-millionaires Kazakhstan is rankedf irst among Central Asian countries by the number of people with fortunes exceeding $30 million.
03 December 2012
China manufacturing hits 13-month high in November: HSBC   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 Kazakhstan Car import dropped 75-fold in Kazakhstan 119,809 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.
03 December 2012
Murdoch's British newspaper chief to leave company Murdoch's British newspaper chief to leave company Rupert Murdoch's top newspaper lieutenant in Britain is to leave his post at the end of the year, it was announced Sunday, heralding the start of a major shake-up at parent company News Corporation.
03 December 2012
SIA in talks to sell off Virgin Atlantic stake SIA in talks to sell off Virgin Atlantic stake Singapore Airlines said Monday it was in talks with "interested parties" on a possible sale of its 49 percent stake in Virgin Atlantic as media reports listed US carrier Delta Air Lines as a possible buyer.
03 December 2012
Air Astana cancels Semey and Uralsk flights Air Astana cancels Semey and Uralsk flights Air Astana will stop flying to Uralsk and Semey because the airports of these cities require a complete overhaul of runways.
02 December 2012
Australia readies for first plain pack cigarettes Australia readies for first plain pack cigarettes All cigarettes sold in Australia will be in identical, plain packages from Saturday in a world first after the government overcame legal challenges from the tobacco industry.
02 December 2012
Food prices easing but remain sky-high: World Bank Food prices easing but remain sky-high: World Bank Global food prices have eased from their July records but remain very high, putting more people in danger of hunger and malnutrition-related disease.
01 December 2012
IIF says Greek debt buyback must be 'voluntary' IIF says Greek debt buyback must be 'voluntary' A powerful international bank lobby warned Thursday that the outcome of Greece's looming debt buyback program remains uncertain and warned that it must be "purely voluntary."
01 December 2012
Kazakhstan's Kcell announced IPO price range Kazakhstan's Kcell announced IPO price range The Kazakhstan company has set the price range of $10.5 to $13 per one global depositary receipt.
01 December 2012
Republicans reject 'ridiculous' Obama fiscal cliff proposal Republicans reject 'ridiculous' Obama fiscal cliff proposal Republicans rejected as "ridiculous" Thursday a White House plan to raise $1.6 trillion in new taxes over the next decade, as crunch talks on the US deficit took a turn for the worse.
30 November 2012
Spain banks cut thousands of jobs in shakeup Spain banks cut thousands of jobs in shakeup Crippled Spanish banks said they would cut thousands of jobs after Brussels on Wednesday gave a green light for a big slice of aid to rescue them with tough conditions.
30 November 2012
Google buys marketing firm to boost discount moves Google buys marketing firm to boost discount moves Google has agreed to buy the marketing firm Incentive Targeting in a move that gives the tech giant more tools to work with retailers on discounts and other promotions.
30 November 2012

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