US pushing 'jobs diplomacy' after costly wars: Clinton
The United States will push its economic interests more aggressively to preserve its global leadership after being tied down by two wars in the past decade, Secretary of State Hillary Clinton said Saturday.
17 November 2012 13:47
Obama stands firm on taxes in fiscal cliff showdown
US President Barack Obama told opposition Republicans they would have to accept tax increases for the rich if the country was to avoid going over the fiscal cliff.
Islamic Bank allocated $25 million to Kazakhstan farmers
The Fund for Financial Support to Agriculture has started a series of seminars on Islamic financing for personnel of branches and representative offices in 11 regions of Kazakhstan.
13 November 2012 17:51
Greece eyes fresh bailout funds after budget passed
The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.
US not ready for Basel III bank rules: Treasury
The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.
10 November 2012 18:31
EU budget talks collapse
The first round in two weeks of tough talks on the European Union budget collapsed Friday after austerity-minded states refused to plug a 2012 budget shortfall in funds destined for Europe's needy.
10 November 2012 15:38
Obama warns taxes must rise on rich
US President Barack Obama on Friday claimed a mandate to raise taxes on the rich to pay for deficit reductions, firing his first post-election shot in a year-end budget showdown with Republicans.
Abramovich eyes Australian gas investment - report
Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.
08 November 2012 17:22
Merkel in Britain for tough budget talks with Cameron
German Chancellor Angela Merkel and British Prime Minister David Cameron held talks over the EU's hotly contested budget in London on Wednesday with both agreeing that the bloc needed to heed public opinion.
08 November 2012 15:25
ECB's not set to fire 'bazooka' yet
The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.
08 November 2012 13:52
Greek lawmakers to vote on austerity amid strikes
Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.
Japan 'misspent' tsunami rebuilding money: audit
Cash earmarked for tsunami reconstruction work was diverted to unrelated projects, a Japanese government audit showed as residents of the devastated northeast voiced frustration over the slow pace of rebuilding.
