S. Korea proposes $17.3 bn extra budget for 2013
South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.
Oil tumbles for second day on slower Chinese growth
Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.
Kazakhstan economy growth to exceed Russia 2.5-fold in 2013
Kazakhstan will achieve the target value of the economy growth set at 6 percent by the end of the year: official.
Kazakhstan government instructed to narrow gap between rich and poor
Nursultan Nazarbayev instructed Kazakhstan government to work on narrowing the gap between rich and poor.
Strong growth in Asia but overheating a risk: World Bank
East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand.
Oil down as China's GDP comes in below expectations
Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.
Barroso assures US of Europe's 'strong' economy
The president of the European Commission, Jose Manuel Barroso, called on the United States Friday to not underestimate Europe's economic strength.
Euro ministers in bid to finalise Cyprus bailout
Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.
Croatia's flagging support to join EU to be tested by vote
Not so long ago, Croatia was ebullient at the prospect of becoming the EU's newest member in July this year.
N. Korea blames South's leader for Kaesong closure
N. Korea on Thursday renewed a threat to permanently close its Kaesong joint industrial zone with S. Korea, blaming the "confrontation" policies of the South's new president.
With back against wall, Portugal pushes on with austerity
Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.
Austerity putting children at risk: UN
The UN warned Wednesday that austerity measures are hitting children hard, as it published a ranking of kids' well-being in rich countries topped by northern European countries and showing Britain climbing out of the bottom tier.
Asian economies to rebound but recovery fragile: ADB
The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.
Kazakhstan to benefit from joining WTO: EDB
Kazakhstan can have significant benefits from accession into the WTO: EDB expert.
Kazakhstan and China to resolve issues related to transborder rivers
Mr. Xi Jinping stated that China would never do anything to the detriment of Kazakhstan’s economy: President Nazarbayev.
Cyprus bank workers to strike over pension fears
Cyprus bank workers are to go on strike Thursday over fears pensions may be at risk under the country's crippling bailout, after the new finance minister vowed to do "whatever it takes" to right the economy.
Economist warns of 'radical' climate change, millions at risk
The author of an influential 2006 study on climate change warned Tuesday that the world could be headed toward warming even more catastrophic than expected but he voiced hope for political action.
New Cyprus finance minister to be sworn in
Cyprus's new finance minister was due to be sworn in Wednesday following his predecessor's resignation hours after a probe was launched into how the island was pushed to the verge of bankruptcy.
China's Xi signs multi-million-dollar deals in Congo
China's new President Xi Jinping on Friday signed deals worth several million dollars with his Congolese counterpart in sectors as varied as banking and infrastructure, on the final leg of his three-nation Africa tour.
Cyprus will not quit the euro, vows president
President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.
