News about economy

IMF slashes Brazil growth forecast for 2014 The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.

08 October 2014

Nazarbayev speaks of Perestroika and Chinese reforms During Samruk Kazyna Transformation Forum president of Kazakhstan has spoken about the defficiencies of Gorbachev's Perestroika and the successes of Chinese reforms.

07 October 2014

Legalization policy in Kazakhstan brings to light seven new millionaires The ongoing campaign of legalization of property and capital in Kazakhstan has already revealed seven new millionaires.

06 October 2014

IMF worried about sustained slow global growth IMF chief warned that the global economy could be sinking into a prolonged period of "mediocre" growth.

03 October 2014

Kazakhstani gasoline prices to match Russian by 2019: Karabalin Gasoline prices in Kazakhstan are substantially lower than those of the neighbouring Russia. They will be gradually growing until they match the Russian prices by 2019.

02 October 2014

India seen holding rates to guard against inflation India's central bank will keep interest rates on hold as it awaits more proof that stubborn high inflation is headed downward in Asia's third-largest economy.

30 September 2014

Fitch places Catalonia on rating watch negative following independence vote call Ratings agency Fitch put Catalonia on review for a possible downgrade.

30 September 2014

IMF urges Zimbabwe to clarify foreign investment law The International Monetary Fund urged Zimbabwe to clarify its controversial policies that bar foreign companies from holding stakes in local enterprises.

30 September 2014

At UN, Argentina's Kirchner slams debt 'vultures' Argentine President Cristina Kirchner lashed out at "vulture funds" that are pursuing her country for payment on Argentine bonds they hold.

25 September 2014

Modi woos global manufacturers with 'Make in India' campaign Prime Minister Narendra Modi will urge the bosses of some of the world's biggest manufacturers to set up shop in India.

25 September 2014

Starbucks to buy up Japan unit for $900 mn Starbucks is to take full ownership of its Japanese operations at a cost of more than $900 million.

24 September 2014

Ukraine seeks to end 'panic' over sliding currency Ukrainian leaders sought to reassure financial markets by pledging action to shore up the national currency.

24 September 2014

We want to make Kazakhstan one of the safest and most comfortable countries: Senate Speaker The Speaker of Kazakhstan's Senate said that there are plans to significanly improve life in the country. By 2050, the country has the chance of becoming one of the safest and comfortable countries.

22 September 2014

Eurasian Development Bank issues bonds in Kazakhstan Eurasian Development Bank (EDB) has issued tenge-denominated bonds worth nearly $110 million in Kazakhstan.

22 September 2014

G20 finance chiefs aim to 'change destiny of global economy' Finance chiefs from G20 nations held talks confident they can "change the destiny of the global economy" despite rising world political tensions.

20 September 2014

Warner Brothers plans to slash up to 1,000 jobs Warner Brothers, the fabled Hollywood studios, plans to eliminate as many as 1,000 jobs, which would be more than 10 percent of its work force.

18 September 2014

Nazarbayev calls to solve boarder security issues at SCO President of Kazakhstan Nursultan Nazarbayev urged Shanghai Cooperation Organization countries to solve their boarder issues.

14 September 2014

Yen falls further, pound higher as Scotland vote looms The yen fell again against the dollar and euro while the pound edged higher amid polls in Scotland showing a small majority against breaking from the UK.

13 September 2014

Nazarbayev discusses cooperation with Tajik President Rakhmon President of Kazakhstan Nursultan Nazarbayev has met with Tajik President Emomalii Rakhmon in Dushanbe, Tajikistan.

12 September 2014

Sweden's strong economy unlikely to save government Sweden under Prime Minister Fredrik Reinfeldt has enjoyed a dynamic job market, sustained growth and low public debt .

11 September 2014

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