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No fear of 'Mandela crash' for Africa's largest economy Economists slapped down speculation that Nelson Mandela's death could prompt an economic and financial slump in South Africa, but warned the gains he inspired remain fragile.

07 December 2013

Science-driven economy is impossible without an effective education system: Nazarbayev Kazakhstan is going to focus on hard sciences to further enhance the country's growing economy.

06 December 2013

Tokyo to launch $53.8 bn stimulus package Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.

05 December 2013

Average salary to reach $1000 in five years in Kazakhstan Average salary will make 150 thousand tenge ($980) in five years in Kazakhstan: Minister of Economy and Budget Planning of Kazakhstan.

05 December 2013

With $65 bn in debt, is Puerto Rico America's Greece? Laden with debt, its economy in recession: Is the US territory of Puerto Rico poised to become another Greece?

04 December 2013

Great Britain suppots Kazakhstan’s accession into WTO, America hinders it Great Britain is interested in Kazakhstan’s early accession into the World Trade Organization (WTO).

04 December 2013

Benefit of bees even bigger than thought: food study Bees have a much greater economic value than is widely known, according to a scientific probe into strawberry-growing published on Wednesday.

04 December 2013

Japan's top drugmaker appoints first foreign boss Japan's top drugmaker said Saturday it had picked a GlaxoSmithKline executive as its next president in a rare example of overseas head-hunting by a major Japanese firm.

01 December 2013

Kazakhstan needs to quintuple GDP to join developed nations Kazakhstan will enter the list of competitive countries if the per capita GDP reaches $60 thousand.

01 December 2013

Kazakhstan wants more large cities like Almaty and Astana Kazakhstan will focus on urban expansion of Astana, Almaty, Aktobe, Aktau and Shymkent and making them economic growth hubs.

30 November 2013

Pacific faces big economic losses from climate change: ADB The Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian Development Bank said Tuesday.

26 November 2013

China sniffs out EEurope investment opportunities Chinese Prime Minister Li Keqiang arrives in Romania on Monday ahead of a summit with 16 Central and Eastern European leaders keen to woo investment from the world's number two economy.

25 November 2013

Eurozone warns Spain, Italy to deliver on commitments The eurozone Friday warned five countries led by Spain and Italy to deliver on promises to hit deficit and debt targets in national spending plans next year.

24 November 2013

Venezuelan president tries out new emergency powers Venezuelan President Nicolas Maduro exercised new emergency powers for the first time Thursday, signing decrees limiting business profit margins and tightening regulation of imports.

22 November 2013

iPhone maker Foxconn invests $40 million in US Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.

22 November 2013

BoJ holds fire on stimulus, says economy recovering The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.

21 November 2013

BHP sees China driving resources demand for 15 years Anglo-Australian mining giant BHP Billiton on Thursday said China's economic growth was resilient enough to drive strong demand for commodities for the next 15 years.

21 November 2013

US opens Tesla safety review, company orders changes A US government agency said Tuesday it was investigating fires in Tesla electric vehicles, as the company ordered modifications aimed at reducing what it called a negligible risk.

20 November 2013

Japan October trade deficit nearly doubles on energy bills Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.

20 November 2013

WTO to open access into Kazakhstan for telecom companies and banks Joining the WTO will affect the telecommunication services rates in Kazakhstan.

18 November 2013

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