Female bank head a first for Japan
Japan's biggest brokerage Nomura Holdings said Wednesday it has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.
Central Bank toughens requirements to borrowers
Earlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.
Facebook out to buy solar drone maker: report
Facebook is in talks to buy a solar-powered drone startup in what could lead to making wireless Internet available in regions without online access.
05 March 2014 15:24
Singapore world's costliest city: survey
The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.
French trufflers rise up in defence of their black diamonds
French truffle growers are up in arms over cheaper imports from China which they say are being doctored by unscrupulous chefs and passed off fraudulently as the hugely prized local variety.
04 March 2014 10:35
MtGox opens call centre after $500m Bitcoin loss
The MtGox Bitcoin exchange, which last week sought bankruptcy protection in Japan, opened a helpline for anxious customers on Monday after unveiling a massive loss in a possible theft.
03 March 2014 13:52
Kazakh Minister of Economic Affairs on Kashagan
We hope the production will be resumed in the second half of the year, with the production output reaching 2.5-3 million tons of oil: Yerbolat Dossayev.
Vietnam restricts use of Bitcoin
Vietnam has banned its banks from handling Bitcoins, saying the virtual currency is not legal tender in the communist nation.
28 February 2014 14:32
Bitcoin users to gather in Tokyo amid MtGox woes
Bitcoin users in Tokyo will gather on Thursday for a meeting set to be dominated by the shuttering of the MtGox exchange amid claims of a multi-million dollar theft.
27 February 2014 16:55
Struggling Australian carrier Qantas to axe 5,000 jobs
Struggling Australian carrier Qantas Thursday said it will axe 5,000 jobs, defer aircraft deliveries and freeze growth at Asian offshoot Jetstar in a major shake-up after deep first-half losses, warning of more pain to come.
