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.
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.
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