site.news_by_theme economy
Canada PM Harper welcomes TPP access to Japan market
Canadian Prime Minister Stephen Harper praised a "historic" accord creating the world's largest free trade area, saying access to Japan would be a boon for Canadian farmers and resource sectors.
06 October 2015
Kazakhstan National Bank raises base interest rate to 16%
The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.
05 October 2015
Angela Merkel on German business mission to India
Angela Merkel began a mission to clear the path for German companies keen to do business in India, as Prime Minister Narendra Modi looks to the European powerhouse to help revive its economy.
05 October 2015
Britain's Osborne announces shake-up of infrastructure
British finance minister George Osborne is to announce a new cross-party body to reform and speed up planning of major infrastructure projects such as rail links and power stations.
05 October 2015
Brazil president reshuffles cabinet to avert disaster
Brazilian President Dilma Rousseff ordered a government reshuffle, axing eight ministries in what was announced as a cost-cutting measure but seemed aimed at ending political paralysis.
03 October 2015
Bankruptcy 'only option' for Russia's Transaero airline: minister
Bankruptcy is the only solution for Russia's second largest airline Transaero after state-controlled Aeroflot backed out of purchasing the debt-laden carrier.
02 October 2015
VW revs up recall plan, hunts for culprits in pollution scam
German auto giant Volkswagen shifted up a gear in its plans to recall millions of cars fitted with pollution-cheating software as it boosted efforts to find the masterminds behind the scam.
01 October 2015
'Who likes to pay tax? You don't, I don't': IMF chief
The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear at a conference in Washington.
01 October 2015
ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015
ADB lowered its forecast for Kazakhstan's economic growth expecting a decrease in private consumption in response to higher import prices and diminished private investment.
30 September 2015
Yahoo to spin off Alibaba stake despite tax question
Yahoo notified US regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.
29 September 2015
Impact of China slowdown bigger than expected: IMF chief
The impact of China's economic slowdown on the global economy is bigger than previously thought, the head of the International Monetary Fund said.
23 September 2015
Standard & Poor's affirms Kazakhstan's credit rating at BBB
Kazakhstan's credit rating remains at BBB with a negative outlook, according to S&P's latest report.
21 September 2015
Moody's downgrades France rating citing slow growth
Moody's cut France's sovereign debt rating one notch to Aa2, saying the country will struggle with slow growth and a high debt burden for the next five years.
19 September 2015
Brazil president's own supporters revolt against her austerity plans
When Brazil's leftist President Dilma Rousseff loses the support of someone like longtime backer Edson Silva, perhaps she had better start worrying.
17 September 2015
World Bank warns of more turbulence from Fed tightening
The World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.
16 September 2015
IMF chief urges Africa to spend responsibly
IMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.
12 September 2015
Ukraine PM calls second Russia-Germany pipeline 'anti-European'
Ukrainian Prime Minister Arseniy Yatsenyuk criticised as "anti-Ukrainian and anti-European" a deal between Russia's energy giant Gazprom and several Western firms to build a second gas pipeline under the Baltic Sea.
11 September 2015
Tesco sells South Korean unit for more than £4 bn
Troubled British retail giant Tesco agreed Monday to sell South Korean unit Homeplus to a consortium led by private equity firm MBK Partners for more than £4.0 billion.
07 September 2015
IMF chief says 'extremely encouraged' by Ukraine reforms
IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.
07 September 2015
Google may return to China with Android app shop: report
Google is talking with Chinese authorities and smartphone makers about opening an online shop in China stocked with applications for Android-powered mobile devices.
05 September 2015