News about economy

HSBC not protected from charges over aiding tax evasion: US official HSBC's 2012 criminal settlement with the US Justice Department does not protect the bank from fraud or tax evasion charges.
11 February 2015 13:27
Greece wants to fix debt problem with EU, not other powers Greece's foreign minister said his left-wing government wants to resolve the nation's debt squeeze with Europe.
11 February 2015 12:48
G20 'determined' to lift growth but rifts remain The world's top 20 economies expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods .
11 February 2015 12:12
Kazakh delegation visits Tatarstan An oofficial delegation from Kazakhstan has visited Tatarstan, one of the most developed regions of Russia.
11 February 2015 03:44
Samsung and Microsoft end patent dispute Samsung and Microsoft said they had ended a patent dispute that had seen the US software giant sue the South Korean conglomerate for breaching a 2011 licensing contract.
10 February 2015 14:36
Nissan raises full-year profit forecast to $3.5 bn Nissan said Monday it was raising its full-year net profit forecast to $3.5 billion, thanks to cost cutting efforts and a cheaper yen.
09 February 2015 18:24
Calls to ban Russian imports voiced in Kazakhstan Kazakhstani enterprises find themselves under increasing pressure with cheap products being imported from Russia. Some are calling for customs duties on the border between the Kazakhstan and Russia to be reintroduced.
09 February 2015 03:19
Moody's threatens to downgrade Greece Moody's placed Greece's credit rating on review for a downgrade Friday, citing "high uncertainty" about the country's talks with creditors.
07 February 2015 13:23
IMF urges G20 to take action to unstick global growth International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.
07 February 2015 10:50
Greek finance minister met with 'scepticism' in Berlin debt talks Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.
06 February 2015 12:06
Russia pushes UN to cut off Islamic State funds Russia is making a push at the United Nations for a new resolution to choke off funding from oil sales to the Islamic State group.
05 February 2015 13:57
Kazakhstan ranks above world average in Economic Freedom Kazakhstan ranks 69th in the annual Index of Economic Freedom, better then France and Italy.
05 February 2015 13:37
Major German investments in Hungary despite rights issues: report Chancellor Angela Merkel discussed major German investments including involvement in a Russian-built nuclear plant during her visit to Hungary.
04 February 2015 15:42
Toyota raises full-year profit forecast to record $18 bn Toyota raised its earnings forecast for the year to March, saying it expects to book a record $18.1 billion annual net profit thanks to a weak yen and cost cuts.
04 February 2015 15:08
Abbas orders probe into West Bank Mohammed cartoon Palestinian president Mahmud Abbas has ordered an investigation into a drawing of the Muslim Prophet Mohammed which appeared in a West Bank newspaper.
04 February 2015 10:40
Kenya obtains nearly $700 mn in IMF backing Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.
03 February 2015 13:25
Obama urges less austerity in Greek recovery Greece will not deliver a strong economic recovery unless authorities loosen austerity programs, US President Barack Obama suggested in remarks that aired.
02 February 2015 13:21
Germany's anti-euro party agrees to slim down leadership A congress of Germany's anti-euro AfD party ending moved to streamline its leadership structure in a bid to be more effective after weeks of dispute within the fledgling group.
02 February 2015 12:38
Merkel rules out debt reduction for Greece German Chancellor rejected the prospect of debt relief for Athens, adding to tensions between the radical new Greek government and its international creditors.
31 January 2015 14:35
EU must realise Russia sanctions lead nowhere: Moscow The European Union's decision to extend sanctions against Russia over Ukraine is a destructive policy that will lead nowhere.
30 January 2015 16:01
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