News about economy
Kazakh currency falls 23 percent after switch to free-float
Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.
20 August 2015 16:10
Greece repays 3.4 bn euros to European Central Bank: source
Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.
20 August 2015 15:18
Greek PM wants European parliament to join creditors quartet
Greek Prime Minister Alexis Tsipras asked that the European Parliament (EP) join the group of creditors overseeing the recently-approved bailout deal.
20 August 2015 11:46
Dutch PM grilled on Greece, beats no-confidence bid
Dutch Prime Minister Mark Rutte received a grilling in parliament for his cabinet's support for debt-ridden Greece's third international bailout.
20 August 2015 10:47
Tianjin blasts echo across economy
The economic impact of the Tianjin explosions could reverberate for months.
19 August 2015 16:57
Spanish parliament approves new Greece bailout
Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.
19 August 2015 11:50
Japan economy's contraction a blow for 'Abenomics'
Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.
17 August 2015 15:20
Germany touts Greek change of heart ahead of key bailout vote
German Chancellor Angela Merkel and her hardline Finance Minister Wolfgang Schaeuble on Sunday hailed a dramatic change in Greece's approach to its debt crisis.
17 August 2015 13:10
IMF warns of 'disorderly correction' if China reform slows
The IMF warned that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth if its reform program slows.
15 August 2015 13:32
Eurozone approves Greek bailout accord worth up to 86 bn euros: official
Eurozone finance ministers approved Friday a third debt bailout worth up to 86 billion euros to keep Greece afloat and avoid its chaotic exit from the single currency bloc.
15 August 2015 12:47
Advantages and disadvantages of Kyrgyzstan's accession into EEU
Kazakhstani political analysts discuss advantages and disadvantages of Kyrgyzstan's accession into the Eurasian Economic Union.
14 August 2015 18:59
China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
14 August 2015 15:20
Greece's Tsipras says German plan 'would lead to crisis without end'
Greek Prime Minister Alexis Tsipras warned that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".
14 August 2015 14:20
Greece reaches deal with creditors: government source
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.
11 August 2015 14:03
Greek PM sees bailout deal after August 15
Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed that Athens and its international creditors "can and must" reach a bailout deal after August 15.
07 August 2015 12:18
Sisi to unveil 'new Suez Canal' as Egypt makes history
President Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.
06 August 2015 16:38
Nazarbayev ratifies Kyrgyzstan's accession to EEU
President of Kazakhstan Nursultan Nazarbayev has signed the ratification of the agreement on Kyrgyzstan's joining to the Eurasian Economic Union (EEU).
06 August 2015 15:43
Greece in 'final stretch' for deal with creditors: PM
Greece is in the "final stretch" of talks for a deal with creditors on a new bailout, Prime Minister Alexis Tsipras said.
06 August 2015 01:10
Pacific trade deal nearing completion despite delay, Kerry insists
Asia-Pacific countries negotiating a vast free-trade pact are "nearing completion" of a landmark agreement, US Secretary of State John Kerry said.
04 August 2015 13:20