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Economy

World Bank talks news Francois Hollande France finance eurozone Europe Debt poverty people
Hollande discusses debt crisis with top global heads Hollande discusses debt crisis with top global heads French President Francois Hollande holds talks on Monday with the heads of the World Bank and other top economic bodies to discuss the eurozone debt crisis and ways to kickstart growth.
29 October 2012
India tries handing out cash to help teeming poor India tries handing out cash to help teeming poor Uddal Singh, a retired army sergeant, is part of an experiment trying out radical changes to the Indian welfare system that the government plans to adopt nation-wide.
29 October 2012
Microsoft-Apple redux: the empire strikes back Microsoft-Apple redux: the empire strikes back It used to be that Microsoft was the evil empire, and Apple the scrappy underdog.
28 October 2012
Eurozone divorce would 'kill the kids': Polish central banker Eurozone divorce would 'kill the kids': Polish central banker The debt-ravaged eurozone is in trouble but every effort must be made to keep this currency marriage intact because a divorce would end up "killing the kids.
27 October 2012
Citi fined $2 mn over Facebook IPO leak Citi fined $2 mn over Facebook IPO leak US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.
27 October 2012
Australia defends mining tax after 'zero earnings' Australia defends mining tax after 'zero earnings' Australian Treasurer Wayne Swan defended the government's mining profits tax Thursday after reports that no revenue had collected in the first quarter due to China-driven cooling in the sector.
25 October 2012
Kazakh-Swiss Business Council launched in Zurich Kazakh-Swiss Business Council launched in Zurich The agreement was signed by KazAtomProm’s (National Nuclear Company) Chairman Vladimir Shkolnik and Peter Spuhler, CEO and owner of Stadler Rail Group.
25 October 2012
Athens to get two more years to meet deficit target: report Athens to get two more years to meet deficit target: report The Greek government will get a grace period of an extra two years to rein in its runaway public debt.
25 October 2012
Canadians' well-being down as economy grows: study Canadians' well-being down as economy grows: study Quality of life for Canadians has dropped significantly since the last recession in 2008, even though indicators show a rebound in the economy, said a study published Tuesday.
25 October 2012
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BBC pulls plug on world's oldest teletext service BBC pulls plug on world's oldest teletext service BBC Ceefax, the world's first teletext service, ceased transmission on Tuesday after delivering 38 years of up-to-the-minute news and sports updates to the British public.
24 October 2012
Kazakhstan is ready to supply agricultural goods to Austria: Nazarbayev Kazakhstan is ready to supply agricultural goods to Austria: Nazarbayev Kazakhstan may start supplying agricultural goods, including milling wheat, to Austria.
24 October 2012
Kazakhstan Finance Ministry expects overfulfillment of target on import VAT in 2012 Kazakhstan Finance Ministry expects overfulfillment of target on import VAT in 2012 Kazakhstan FInance Minister talked about financial results of 9 months of 2012.
24 October 2012
Singapore opens new cruise terminal, eyes Asian market Singapore opens new cruise terminal, eyes Asian market Singapore has opened a new cruise terminal capable of berthing the world's biggest luxury liners, in a bid to boost the city-state's position as a regional travel hub.
24 October 2012
Chinese, US, Russian firms to set up ratings agency Chinese, US, Russian firms to set up ratings agency Chinese ratings agency Dagong said Tuesday it was tying up with US and Russian partners to form a new "independent" group to rival US-based agencies it claims have "proven inadequate".
23 October 2012
Kazakhstan gains 7 notches in the WB’s Doing Business – 2013 Kazakhstan gains 7 notches in the WB’s Doing Business – 2013 Poland was the global top improver in the past year. Kazakhstan is among the other nine economies recognized as having the most improved ease of doing business across several areas of regulation as measured by the report.
23 October 2012
Kazakhstan’s Government cuts down 2012 GDP growth estimates Kazakhstan’s Government cuts down 2012 GDP growth estimates GDP real growth in 2012 will stand at 5.4%, down from 6% forecasted at the start of the year: Minister of Economic Development and Trade.
23 October 2012
Kazakhstan's cars production increased 18-fold in 4 years Kazakhstan's cars production increased 18-fold in 4 years Kazakhstan Car Business Association told about development of car production industry in Kazakhstan.
23 October 2012
Thai 'transgender airline' grounded over finances Thai 'transgender airline' grounded over finances Months after taking to the skies with Thailand's first transsexual air crew, fledgling carrier PC Air has suspended services over financial troubles that left passengers stranded in South Korea.
22 October 2012
Middle East oil disruptions to hit Asia first: IEA Middle East oil disruptions to hit Asia first: IEA Asia will be the first to feel the impact of any Middle East oil supply disruption as regional demand surges, the International Energy Agency said Monday.
22 October 2012
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