News about economy
Twitter to hit Wall Street with hefty price tag
Twitter will make its Wall Street debut Thursday with a price tag of $26 per share, bidding to raise up to $2.1 billion in the most eagerly awaited stock offering since Facebook.
08 November 2013 10:00
Taiwan signs free trade deal with Singapore
Taiwan signed a free trade deal with Singapore on Thursday, its first with a Southeast Asian country, as the diplomatically isolated island steps up efforts to join regional economic blocs.
07 November 2013 18:00
Tethys Petroleum selling 50 percent of Kazakh assets to Chinese equity fund
Tethys Petrolium is selling 50 percent of its Kazakhstan assets to SinoHan Oil and Gas Investment.
07 November 2013 14:24
International organizations compromise Central Asian integration
According to Deputy Secretary of the Security Council of Kazakhstan Marat Shaikhutdinov, external players are more concerned with the integration of Central Asia than the region itself is.
05 November 2013 20:20
Kazakhstan's 3-year budget based on $90 per barrel oil price
Kazakhstan has based its new 3-year budget on the oil price of $90 per barrel.
05 November 2013 14:40
Millions of Americans see food stamp cuts
The US Congress on Friday allowed an estimated $5 billion cut to a federal food stamps program to take effect, slashing the social safety net for the poor, elderly and disabled.
03 November 2013 12:16
China manufacturing index hits 18-month high: govt
Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed Friday, but government and independent analysts warned underlying data suggest economic weaknesses remain.
01 November 2013 14:49
Toxic US corporate culture unchanged: TARP watchdog
Five years after the US financial crisis forced the massive government TARP bailout, the US corporate culture remains toxic and breeding crime.
29 October 2013 17:41
Oil-rich Kuwait warns welfare state unsustainable
Oil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.
29 October 2013 11:20
Sandy clean-up 'enormous' one year on
A year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.
27 October 2013 12:00
Australia inflation jumps, dashes rate cut hopes
Australian inflation rose by a stronger-than-expected 1.2 percent in the July-September period compared to the previous quarter.
23 October 2013 15:01
Future of inefficient Kazakhstan's free economic zones to be decided
The future of the ineffective free economic zones in Kazakhstan will be decided on by the year end.
22 October 2013 19:56
Famous American economist Jeremy Rifkin to hold master-class in Astana
Jeremy Rifkin, a famous American economist, will hold a master-class in Astana next week.
18 October 2013 20:16
Japan gives muted welcome to US debt fix
Japan's finance minister on Friday gave a muted welcome to the US debt deal, but hinted at the need for a more permanent solution to the warring in Washington.
18 October 2013 14:36
Congress pulls US back from brink, averts default
The United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.
17 October 2013 10:24
Political chaos pushes US up against debt deadline
A day of political disarray Tuesday pushed America to within hours of a debt default deadline, but two veteran senators chased a last-gasp deal to stave off a sudden shock to the global economy.
16 October 2013 10:43
Conflicts, energy top agenda as Hollande visits S.Africa
French leader Francois Hollande arrived in South Africa Monday for a two-day state visit in which he is set to push for greater cooperation on African crises with the continental powerhouse.
15 October 2013 16:55
Britain to ease China visa restrictions
Britain is to make it easier for Chinese nationals to obtain visas in an effort to boost business between the two countries.
14 October 2013 10:27
G20 seeks 'urgent action' from US on budget impasse
Finance chiefs of the G20 on Friday called for Washington to quickly resolve the political paralysis over its budget and debt ceiling.
13 October 2013 16:57
US to reopen Statue of Liberty, Grand Canyon
US national parks and monuments including the Statue of Liberty and the Grand Canyon are to reopen despite the federal shutdown, after states agreed to fund them temporarily.
13 October 2013 14:19