site.news_by_theme economy
Russia pressures exporters to prop up ruble
The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.
24 December 2014
Kazakhstan monitoring fallout of anti-Russian sanctions: Nazarbayev
Kazakh President Nazarbayev says anti-Russian sanctions do not directly affect Kazakhstan's economy, but all the additional developments are closely monitored.
22 December 2014
IMF policies criticised over Ebola outbreak
IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.
22 December 2014
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