Swiss overwhelmingly vote for golden parachute ban
A large majority of Swiss voted Sunday to rein in executive pay and force business leaders to give up golden parachutes, according to final results of the popular vote.
Economic gloom overshadows euro finance ministers meeting
Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
$85 billion austerity hit lines up US economy
An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
Looming US cuts raise fears for world's poor
With the United States days away from billions of dollars in automatic spending cuts, anti-poverty campaigners fear that reductions in foreign aid could potentially lead to thousands of deaths.
China ratings firm warns of global 'currency crisis'
Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies.
Japan to nominate ADB president as BoJ chief: reports
The Japanese government of Shinzo Abe is set to nominate Asian Development Bank president Haruhiko Kuroda as governor of the central bank.
Lightning-fast mobile hits speed bump in Europe
Lightning-fast fourth generation mobile networks are spreading rapidly worldwide, led by the United States, Japan and South Korea, but Europe lags behind and its economic crisis could brake investment.
Britain loses AAA rating in Moody's downgrade
Moody's stripped Britain of its triple-A debt rating Friday, saying government debt was still mounting and that growth was too weak to reverse the trend before 2016.
Uncertainty hangs heavy as Italy braces for elections
Italy was poised to hold its most important elections in a generation starting on Sunday, as financial markets warned an unclear outcome could plunge the eurozone's third economy back into crisis.
Conservative seen set to win Cyprus presidency
Cyprus heads for a presidential runoff on Sunday, with the first round's rightwing winner, who backs a bailout for the near bankrupt island.
Google shares top $800 despite Microsoft challenge
Internet search king Google's shares pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.
Crisis-hit arms market shrinks, first time since 1994: SIPRI
For the first time since the mid-1990s, sales of the 100 biggest arms dealers excluding China declined in 2011 as the economic crisis prompted budget cuts.
Devaluation of bolivar expensive for some US firms
The recent devaluation of the Venezuelan bolivar was a blow to some major US companies, highlighting the importance of financial ties between the two nations despite their political disagreements.
Recession-hit Japan economy shrinks again
Japan's economy shrank for a third straight quarter in October-December, data showed Thursday, leaving it mired in recession owing to weak export demand, but analysts pointed to brighter times ahead.
Venezuelans race to spend before devaluation
Venezuelans swamped stores on Tuesday to snap up everything from washing machines to plane tickets in a last-minute wave of panic-buying ahead of a 32 percent currency devaluation.
US to launch free trade talks with EU: Obama
The United States and Europe will launch talks on what would be the world's largest free trade zone, US President Barack Obama declared Tuesday in his State of the Union address.
Yen strengthens in Asian trade
The yen strengthened slightly in Asian trading on Tuesday after a US Treasury official praised Japan's recent moves to boost the economy as Tokyo faces claims it is manipulating the currency's slide.
Kazakhstan national fund's assets exceed 10 trillion tenge
As of the end of 2012 the funds of the national fund were over 10 trillion tenge ($67 billion) net of investment profits: Finance Minister.
White House fears deep damage from spending cuts
The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
Pension savings in Kazakhstan grew 20 percent in 2012
Savings in Kazakhstan's pension funds grew 20.1 percent and made 3.2 trillion tenge ($20.7 billion) in 2012.
