China's economy to rebound in second half: IMF
China's economy will rebound in the second half of 2012 to achieve annual growth of eight percent as government policies to spur growth take effect.
26 July 2012
Kazakhstan Central Bank’s Governor on economic prospects
The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.
Kazakhstan to shortly ban Ponzi schemes
The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.
Euro inches off multi-year lows in Asian trade
The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.
Markets panic as eurozone faces turbulent summer
The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.
24 July 2012
Moody's cuts Germany outlook
Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."
Indonesia's weakening rupiah raises concerns
Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.
24 July 2012
Euro falls to lowest against yen in over a decade
The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.