site.news_by_theme economy
Australia welcomes move to count Aussie as reserve currency
Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
22 November 2012
Commodities turnover between Kazakhstan and South Korea to double by end of 2012
Commodities turnover between Kazakhstan and South Korea will double are reach $2 billion by the end of 2012 Ambassador.
20 November 2012
BoJ holds off fresh easing despite calls for action
The Bank of Japan held off launching fresh easing measures on Tuesday, despite growing calls for further stimulus to spur the economy and as it warned of a "high degree of uncertainty".
20 November 2012
World Bank fears devastating 4.0 degree warming
The World Bank warned Sunday that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor.
20 November 2012
US pushing 'jobs diplomacy' after costly wars: Clinton
The United States will push its economic interests more aggressively to preserve its global leadership after being tied down by two wars in the past decade, Secretary of State Hillary Clinton said Saturday.
17 November 2012
Spanish police, protesters clash amid European strikes
Spanish police fired rubber bullets at die-hard protesters hurling bottles, rocks and firecrackers late Wednesday, capping anti-austerity strikes across southern Europe that boiled over into sporadic clashes.
15 November 2012
New York governor seeks $30 bn in aid after Sandy
New York Governor Andrew Cuomo asked the US federal government for $30 billion in aid Monday to help his state recover from the devastation left by superstorm Sandy.
13 November 2012
Greece eyes fresh bailout funds after budget passed
The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.
12 November 2012
IMF slashes Kazakhstan's 2012 GDP growth forecast again
The International Monetary Fund lowered the growth forecast for Kazakhstan’s gross domestic product in 2012 from 5.5 to 5 percent.
12 November 2012
Falling aluminium prices hit Rusal earnings
Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.
12 November 2012
Top Republican 'confident' of US immigration deal
US House Speaker John Boehner expressed confidence Thursday that he and his Republicans can work with President Barack Obama to hammer out a comprehensive deal on immigration.
09 November 2012
Abramovich eyes Australian gas investment - report
Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.
08 November 2012
ECB's not set to fire 'bazooka' yet
The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.
08 November 2012
Greek lawmakers to vote on austerity amid strikes
Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.
08 November 2012
Crisis-hit Europe 'still economic power': France
Top European leaders jetting into Laos for a major summit are on a mission to reassure Asia that their crisis-hit region is "still an economic power".
05 November 2012
Top headache for China's new leaders: job creation
The factories that have powered China's economic miracle are reeling from the global slowdown, presenting the incoming leadership in Beijing with a restless workforce at a defining moment in the country's growth story.
02 November 2012
Kazakhstan is getting a new economic zone
Kazakhstan is going to create a new economic zone in Shu town of Zhambyl oblast.
01 November 2012
China watches US democracy avidly, but without envy
The world's two biggest economies choose their next leaders in early November, an accident of timing that lays bare the vivid contrast between China's opaque communist state and America's riotous democracy.
30 October 2012
Kazakhstan will attract more investors after joining WTO
Kazakhstan Vice-PM told about the prospects of Kazakhstan's joining the WTO at the 3rd Kazakhstan business forum in London.
29 October 2012
India tries handing out cash to help teeming poor
Uddal Singh, a retired army sergeant, is part of an experiment trying out radical changes to the Indian welfare system that the government plans to adopt nation-wide.
29 October 2012
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