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Attack could cost Sony half a billion dollars: experts The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs.

20 December 2014

Obama orders US trade ban on Crimea over Russia 'occupation' US President Barack Obama imposed sweeping sanctions on Russia-annexed Crimea with an executive order prohibiting American exports of goods to the contested peninsula.

20 December 2014

Canada slaps new sanctions on Russia oil sector over Ukraine Canada announced fresh sanctions on Russia over its support for rebels in Ukraine, targeting 20 Russian politicians and Ukrainian separatist leaders.

20 December 2014

China to transfer dozens of enterprises in non-energy sector to Kazakhstan China intends to transfer dozens of enterprises in non-energy sector to Kazakhstan.

19 December 2014

Apple suppliers accused of poor treatment of workers Workers in Chinese factories making Apple products are poorly treated, with exhausted employees falling asleep on their 12-hour shiftsю

19 December 2014

Obama says no new sanctions for Russia over Ukraine US President said he was not about to impose new sanctions on Russia over the Ukraine crisis, but nevertheless signed a law giving him the authority to do so.

19 December 2014

Ruble rallies in early trading on day of Putin press conference The ruble rallied in early trading ahead of President Vladimir Putin's eagerly-awaited annual press-conference.

18 December 2014

Kazakhstan, Uzbekistan - primary interests for US in Central Asia Prominent Kazakh political scientist Dosym Satpayev speaks of the interests the United States has in Central Asia.

18 December 2014

China wants to build plants in Kazakhstan: Li Keqiang Chinese Premier Li Keqiang expressed China’s readiness to build plants in Kazakhstan during the meeting of the Shanghai Cooperation in Astana.

17 December 2014

Apple halts Russia online sales as ruble tumbles Apple said it had halted online sales of iPhones, iPads and computers in Russia as the ruble's plunge made it difficult for sellers of imported goods to fix local prices.

17 December 2014

OPEC will not step in to support oil prices: Kuwait OPEC has no plans to intervene in the oil market to shore up sagging crude prices, the Kuwaiti oil minister said, as Brent crude breached the $60 mark.

17 December 2014

Russia grapples with shock ruble fall The Russian currency crashed to unprecedented lows trading at 80 rubles to the dollar and 100 to the euro.

17 December 2014

Study says countries lost $1 trillion to corruption in 2012 A global anti-corruption group said that nearly $1 trillion was illicitly drained from developing countries in 2012, representing a record level of corruption.

16 December 2014

Ikea ruffles a few feathers with first Korean store Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.

16 December 2014

IMF sees Argentina progress toward better economic data The International Monetary Fund said that Argentina was making progress in improving the data but more was needed.

16 December 2014

Russian arms sales soar on domestic spending Sales by Russian arms manufacturers continue to expand thanks to Moscow's investments despite a downturn in global defence spending.

15 December 2014

Road to Eurasian Economic Union bumpier than it seems With Belarus restoring customs posts weeks before the Eurasian Economic Union comes into force, what are the parties' roles in the new integration project?

15 December 2014

IMF calls on donors to 'step up' for Ukraine The International Monetary Fund called for the international community to come forward with fresh funds for Ukraine.

12 December 2014

Sanctions-hit Putin visits India to boost energy, trade ties Russia's President will hold talks with India's new prime minister as his sanctions-hit country seeks to strengthen energy, defence and strategic ties in Asia.

11 December 2014

Russia charms Uzbekistan with massive debt writeoff Russia's President agreed to write off most of the debt owed by Uzbekistan in an apparent bid to steer the Central Asian country towards joining the Eurasian Economic Union.

11 December 2014

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