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."
China’s investments to Kazakhstan standing at $13 billion
According to China’s statistics, trade turnover last year reached $24.95 billion, 22% up against 2010.
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.
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.
Oil strikes two-year high; soya scores record high
Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.
Nasdaq hikes payout figure for botched Facebook IPO
Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.
Businessman suspected of fraud against Kazakhstan pension fund in Canada
Ontario Securities Commission filed quasi-charges to a businessman in alleged fraud involving Kazakhstan pension fund.
Kazakhstan GDP grew 7-fold in 9 years
Last year’s GDP per capita made $11 thousand, which is 650 percent more than in 2002.
China doubles loans to Africa to $20 billion
President Hu Jintao said Thursday China would offer $20 billion in new loans to Africa, as he delivered a speech to a Beijing forum on co-operation with the resource-rich continent.