Japan tax hike boosts inflation, hurts spending in May
Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
US allows oil exports for 1st time since 1970s: WSJ
The US will allow two companies to export unrefined oil for the first time in four decades, taking steps to break a ban on crude exports, The Wall Street Journal reported.
25 June 2014
New debt would be 'worst possible' error in EU: Schaeuble
Running up new debt would be "the worst possible" thing to do, German Finance Minister Wolfgang Schaeuble said on Tuesday as a debate resurfaces over an easing of EU fiscal rules.
24 June 2014
Kazakhstan to supply silicon and cells for solar plates in Qatar
The group of Kazakhstani companies of KazPV project (Astana Solar, Kazakhstan Solar Silicon and KazSilicon) together with American Clean Power Innovation have signed a memorandum with Qatar Solar Energy to supply silicon and plates for solar panels.
G20 lagging on growth targets: Australia
Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.
23 June 2014
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Kazakh VIce-PM about foreign debt
Kazakhstan's Vice Prime Minister and Minster of Finance Bakhyt Sultanov reported to the Parliament about the measures the government was planning to use to reduce the foreign debt of the country.
22 June 2014
After eurozone crisis, IMF rethinks rescues
The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014
Legalization law adopted in Kazakhstan
Today, the Kazakhstan Parliament рфы adopted the law "On amnesty of citizens of the Republic of Kazakhstan, repatriates and persons holding a residence permit in the Republic of Kazakhstan due to legalization of their property".
Argentina says won't make next bond payment in US
Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.
American Airlines, owed $750 mn, trims flights to Venezuela
American Airlines, owed some $750 million by Venezuela, said Tuesday it was sharply reducing flights to the South American nation from July after the two sides failed to read a deal, a spokesman said.