Kyrgyzstan cuts electricity supply to Kazakhstan
Ministry of Energy and Industry of Kyrgyzstan announced that they will not export electricity to Kazakhstan in 2014 due to the shortage of water in the largest water reservoir of the country Toktogul.
04 April 2014 02:42
Japan shoppers see first sales tax rise in 17 years
Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.
Samsung irked by early Galaxy S5 release in South Korea
Samsung voiced annoyance Thursday after South Korean telecoms operators released its latest smartphone ahead of schedule in order to dodge sales restrictions imposed by regulators.
27 March 2014 17:41
Australia to sell biggest health insurer
The conservative government of Prime Minister Tony Abbott on Wednesday said it would press ahead with the sale of Australia's largest health insurer Medibank Private via an initial public offering.
Crude prices up after Crimea referendum
Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia.
18 March 2014 09:49
DBS buys Societe Generale's Asian private banking business
Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
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
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.