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.
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.
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.
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.
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?
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.
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.
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.
Diamond deals to add sparkle to India-Russian ties
India's gemstone industry will hope to add some sparkle to ties between New Delhi and Moscow this week.
Raul Castro blasts 'unfair' globalized world
Cuban President urged a Caribbean summit to embrace deeper economic and political integration, and pressed for action against an "unfair" globalized world.
EU and EEU should work together: Nazarbayev
President of Kazakhstan Nursultan Nazarbayev has spoken about cooperation between the European Union and the Eurasian Economic Union at the Kazakh-French business forum in Astana.
Kazakh-French business forum in Astana
Kazakhstan hosted a business forum with French collegues to discuss trade cooperation.
Turkey wants share of Mediterranean energy wealth: PM
Turkish Prime Minister said his country wanted a share of the energy deposits off the shores of Cyprus, an issue that has strained ties with both Nicosia and Athens.
Nazarbayev, Rouhani and Berdimuhamedow open 'new Silk Road'
The President of Kazakhstan Nursultan Nazarbayev, the President of Turkmenistan Gurbanguly Berdimuhamedow and the Iranian President Hassan Rouhani have participated in the opening ceremony of the Uzen-Beket-Goran railroad.
Russia-Kazakhstan trade affected by Russian economic slowdown
Experts say stagnation in the Russian economy has had its effect on the Kazakh-Russian trade turnover.
Venezuela to slash budget after OPEC steadies output
Venezuelan President ordered his government to slash the budget of his oil-dependent and economically-weak nation.
HSBC unit fined $12.5 mn for unregistered US services
A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services.
Ministry of National Economy observes high outflow of qualified work force from Kazakhstan
Vice Minister of National Economy Madina Abylkassymova reported an increase of qualified work force outflow from Kazakhstan at the Migration Process Tendencies and Social Aspects roundtable meeting.
Russia to lose some $40 bn a year due to sanctions: minister
Russia is set to lose around $40 billion (32 billiUon euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said.
Oil prices mixed ahead of key OPEC meeting
Oil prices were mixed in Asia ahead of a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.
