More than 82 million in poverty in China: official More than 82 million in poverty in China: official More than 82 million people in China still live on less than about $1 a day, despite a decades-long boom that made it the world's second-largest economy.
15 October 2014 16:21
Kazakhstan’s financial institutions banned from using Bitcoin Kazakhstan’s financial institutions banned from using Bitcoin There is a tough national legislation to counteract money laundering and banks are not allowed to service transactions involving unidentified parties: Central Bank representative.
15 October 2014 15:22
Luxury groups Burberry, Mulberry shaken by outlooks Luxury groups Burberry, Mulberry shaken by outlooks British luxury handbag maker Burberry warned over its outlook, as smaller rival Mulberry issued a profit warning against a background of global growth strains
14 October 2014 15:22
Russia's ruble hits new record low as oil price adds pressure Russia's ruble hits new record low as oil price adds pressure Russia's ruble slumped to new all-time lows against the euro and dollar despite the central bank spending billions to defend the currency.
14 October 2014 13:05
New Swedish government blames predecessor for 'poor' finances New Swedish government blames predecessor for 'poor' finances Sweden's new Social Democrat-led government lowered the growth forecast, blaming sweeping tax breaks by the outgoing conservative coalition for a "large hole".
14 October 2014 10:54
Ebola claims another victim -- African economies Ebola claims another victim -- African economies The Ebola virus is claiming a new victim: the economies of what are already some of the world's poorest countries,
13 October 2014 14:18
Venezuela wants extra OPEC meeting to halt oil-price drop Venezuela wants extra OPEC meeting to halt oil-price drop Venezuela will ask for an emergency meeting of OPEC countries to try to halt sliding oil prices, Foreign Minister Rafael Ramirez said.
11 October 2014 13:45
Brazil beef exports soar on Chinese, Russian demand Brazil beef exports soar on Chinese, Russian demand Brazil beef exports jumped seven percent this year so far, in part due to rising Russian demand as Moscow turned away from US and European sources.
11 October 2014 13:17
Standard and Poor's lowers France outlook to 'negative' Standard and Poor's lowers France outlook to 'negative' Ratings agency Standard and Poor's kept its 'AA' rating for France but lowered its outlook from "stable" to "negative" on fears over the country's budget situation.
11 October 2014 12:34
IMF: Ukraine needs more financial support IMF: Ukraine needs more financial support The IMF said that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty."
11 October 2014 10:31
Eurasian Economic Union to resolve Kazakhstan's fuel problems Eurasian Economic Union to resolve Kazakhstan's fuel problems The Eurasian Economic Union, according to the former head of the KazMunaiGas Lyazzat Kiinov, will have a positive effect on the situation with petrol in Kazakhstan.
10 October 2014 18:02
Tesla unveils new electric car for bad weather Tesla unveils new electric car for bad weather Electric car giant Tesla unveiled a new two-engine vehicle designed to perform in bad weather, featuring four-wheel drive and anti-collision technology.
10 October 2014 15:45
IMF warns of eurozone recession, presses Germany IMF warns of eurozone recession, presses Germany The IMF stepped up its warnings over a possible eurozone recession, pressing governments like Germany to spend more for reverse a stall.
10 October 2014 15:43
Ukraine energy exec urges EU pressure on Russia's Gazprom Ukraine energy exec urges EU pressure on Russia's Gazprom The head of the Ukraine's national energy company called on European officials to pressure Gazprom over the Russian energy giant's dealings with Slovakia.
10 October 2014 14:08
IMF chief promises 'belly-dance' if US endorses reforms IMF chief promises 'belly-dance' if US endorses reforms Frustrated with the US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde promised a show if they do.
10 October 2014 13:46
Amazon.com to open first physical store: report Amazon.com to open first physical store: report Online retail colossus Amazon.com plans to open its first brick-and-mortar store in New York ahead of the year-end holiday season.
10 October 2014 11:50
Kazakhstan and Turkmenistan to boost bilateral trade with new railway link in place Kazakhstan and Turkmenistan to boost bilateral trade with new railway link in place The railway link Uzen (Kazakhstan) – Kyzylkaya – Bereket – Etrek (Turkmenistan) – Gorgan (Iran) totals 934.5 km, with the longest part (722.5 km) running across Turkmenistan. The Kazakhstan’s section makes up 130 km, with the other 82 km running across Iran.
09 October 2014 17:31
National payment system in Kazakhstan unfeasible: experts National payment system in Kazakhstan unfeasible: experts Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.
09 October 2014 16:06
IMF: World economy menaced by too much financial risk IMF: World economy menaced by too much financial risk The world economy needs more productive investment and less in speculative assets, which in many cases are now overvalued and pose big stability risks.
09 October 2014 14:43

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