IMF urges Ukraine to hike gas prices for consumers
The International Monetary Fund again urged Ukraine Friday to raise gas prices for consumers, a sticking point in the resumption of an IMF bailout.
Toshiba fined in US antitrust case
Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.
New Greek government pins hopes on privatisations
Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.
Taiwan's HTC pleased with UK court victory over Apple
Taiwan's leading smartphone maker HTC Thursday hailed as a victory a British court ruling that it did not infringe on a patent owned by the US technology giant Apple.
China starts stockpiling rare earths: report
China has started stockpiling rare earths for strategic reserves, a state-backed newspaper said Thursday, in a move which may raise more worries over Beijing's control of the coveted resources.
Manchester United plays for dollars in US IPO
Storied British football club Manchester United, overloaded with debt since their takeover by a billionaire American family of investors, is moving to raise cash through a US share sale.
Economic uncertainty to last for at least another 9 months: National Bank Governor
According to him, speculations on a second possible wave of the global financial crisis will be persistent for at least another 9 months until the Bundestag election is over and Eurozone issues are resolved.
19 out of 29 gold-mining companies pledge to supply gold to the Astana refinery
In August 2011 the National Bank announced it would be exercising its preemptive right to purchase gold to be produced within Kazakhstan.
Annual inflation rate may be below 6% at the end of 2012: National Bank Governor
He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.