News about economy
Shale boom remakes US energy, economy
The US shale boom is remaking the nation's industrial landscape and raising the prospect of energy independence in the world's biggest oil consumer.
24 September 2013 12:32
Global panel to make economic case on climate change
Mexico's former president Felipe Calderon said that climate action can boost both developed and emerging countries as he led a new commission bringing together government and business leaders.
24 September 2013 10:51
Rail links Russia and sanctions-squeezed N. Korea
Russia and North Korea have reopened a rail link that Pyongyang hopes will offer a trading boost to the isolated, sanctions-squeezed state.
23 September 2013 13:53
Triumphant Merkel to start search for coalition ally
The day after her stunning election triumph, German Chancellor Angela Merkel was Monday set to start the process of haggling with potential partners over how to rule Europe's biggest economy.
23 September 2013 11:02
Shanghai free trade zone will deal a blow to Hong Kong: Li
Asia's richest man Li Ka-shing warned that Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.
18 September 2013 12:38
Foreign inflows fuel Sri Lanka recovery: central bank
Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.
17 September 2013 15:12
Bailouts still key issue as eurozone finance ministers meet
Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.
13 September 2013 11:49
Astana plant to produce first KZ8A electric locomotives in March 2014
Astana-based plant will produce its first electric locomotives KZ8A in March 2014.
12 September 2013 18:17
US bailout 5 years ago avoided catastrophe: Treasury
The US Treasury said Wednesday the government's massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system.
12 September 2013 13:32
Tourism, Portugal's cure for the crisis
The famous number 28 tram, winding its way through the narrow streets of the Portuguese capital.
11 September 2013 10:44
Oil prices slide from Syria-fuelled highs
Oil prices lost support Monday after hitting 28-month highs over fears of fallout from a possible US military attack on Syria for its alleged use of chemical weapons.
10 September 2013 12:24
China among world's top three investors in 2012: govt
China became one of the world's top three investors for the first time last year as its foreign investment soared to a new record.
09 September 2013 16:25
Monster tsunami could devastate California: study
A tsunami generated by a massive earthquake off Alaska could cause major damage to California's economy and force 750,000 people to evacuate.
06 September 2013 10:27
Kazakhstan to offer its anti-crisis recommendations at G20
Kazakhstan plans to discuss economic cooperation and offer recommendations on overcoming of the economic crisis at the G20 Summit in Saint-Petersburg.
05 September 2013 18:53
Poland overhauls pension system to keep public debt down
Poland on Wednesday said it will transfer government bonds held by private pension funds to the state pension sector in a move aimed at curbing public debt amid an economic slowdown.
05 September 2013 18:44
IMF warns G20 of slowing emerging economies
The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.
05 September 2013 15:07
Europe's emerging economies back on track
Central and eastern European countries have escaped most of the turmoil that has recently lashed emerging economies as they have been shielded by the recovery in the neighbouring eurozone.
03 September 2013 17:31
Kazakhstan and Indonesia arrange direct flights
Kazakhstan and Indonesia will be connected with direct flights.
03 September 2013 00:10
Delta, Virgin Atlantic near US antitrust immunity nod
Delta Air Lines and Virgin Atlantic Airways on Friday won tentative US approval for antitrust immunity for their proposed transatlantic joint venture.
31 August 2013 16:33
India's rupee crisis crimps middle class lifestyles
Seventeen-year-old Indian student Appu Sharma was going to apply to a US university to study economics but with the rupee on the ropes, he's set his sights closer to home.
29 August 2013 11:16