BMW's Chinese dealers fined over price-fixingFour Chinese dealers for German auto maker BMW have been fined about $260,000 as the government steps up a high-profile anti-monopoly campaign
Electric cars fail to rev up car-mad GermansGermany is ranked the most fuel-efficient country on the planet, but when it comes to electric vehicles, Europe's top economy is in the slow lane.
Russia's stocks soar after avoiding delistingThe shares of Russia's two biggest banks soared after avoiding being delisted from a top emerging markets index as part of the West's response.
Kazakhstan’s GDP real growth expected at 4.8%: IMFAccording to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.
07 August 2014
Argentina faces default as 'vulture fund' talks failLast-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.
31 July 2014
Bank of Cyprus completes $1 bn private share placementBank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
30 July 2014
With new default looming, Argentina urges calmArgentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.