China's growth speeds up to 7.5%, beats expectationsChinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world's second-largest economy.
16 July 2014
Bank of Japan holds off fresh stimulus, says economy recoveringThe Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.
15 July 2014
Gold shines as investors seek shelter; oil drops againGold prices zoomed this week to a four-month peak as investors sought shelter from weak eurozone data and fears of contagion from a bank's problems in Portugal, dealers said.
OECD to share experience with KazakhstanThe OECD (Organisation for Economic Co-operation and Development) and Kazakhstan are planning to agree upon and sign a country cooperation program for 2015-2016.
10 July 2014
China's economy on track as June trade surplus jumpsChina's monthly trade surplus jumped 16.4 percent in June to $31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy.
Japan tax hike boosts inflation, hurts spending in MayInflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
New debt would be 'worst possible' error in EU: SchaeubleRunning up new debt would be "the worst possible" thing to do, German Finance Minister Wolfgang Schaeuble said on Tuesday as a debate resurfaces over an easing of EU fiscal rules.
24 June 2014
G20 lagging on growth targets: AustraliaReforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.
After eurozone crisis, IMF rethinks rescuesThe International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
Three major projects sealed by Kazakhstan and KoreaKazakhstan and Korea have agreed on three major joint projects: construction of the Balkhash Thermal Power Plant, construction of a gas chemical facility in Atyrau Oblast and development of Zhambyl oil and gas field.
20 June 2014
Argentina says won't make next bond payment in USArgentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.
19 June 2014
Kazakhstan GDP growth slows down: S&PStandard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.
18 June 2014
Argentine president says country will avoid debt defaultPresident Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.