News about economy
Brent crude oil price hits three-month high
Crude prices finished mixed Monday after early jumps, with Brent topping $115 a barrel before settling back for a modest gain.
14 August 2012 16:01
Olympics: Most Britons say Games worth the cost - poll
Most Britons believe the London Olympics have delivered good value for money, according to a poll published Saturday, as the hosts revel in Britain's best performance at the Games for more than a century.
12 August 2012 15:32
Japan lawmakers to approve long-awaited tax hike
An unpopular bill to double Japan's sales tax and partially plug its gaping debt hole is set to be passed by lawmakers Friday in a triumph for the prime minister that could also herald the end of his job.
11 August 2012 10:41
S. Korea firms in talks to resume Iran oil imports
South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
09 August 2012 17:22
S&P cuts Greek outlook to 'negative'
Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.
08 August 2012 14:22
Argentina imposes more restrictions on US dollars
Argentina has imposed another restriction on the sale of US dollars, barring travelers from purchasing them unless the dollar is the currency of their destination.
08 August 2012 11:06
Greece and the Olympics: wishing for a ray of hope
Eight years after hosting the Olympic Games in the country where they were born, Greeks seem more interested in finding out if there will be light at the end of their dismal economic tunnel.
07 August 2012 16:39
Turkish economic miracle woos German businesses
As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.
07 August 2012 14:36
'This is war': Iran feels impact of sanctions
Iran is being hit by a "war" on its economy, according to officials facing tightened US sanctions and renewed Israeli threats of imminent military action over Tehran's nuclear activities.
05 August 2012 13:05
Heineken to buy maker of Tiger beer for $4.1 billion
Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.
04 August 2012 18:48
Euro stays weak in Asia after ECB disappointment
The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.
03 August 2012 18:38
Kazakhstan considers participation in development of Afghanistan railroads
Kazakhstan supports regional international projects in energy sector and development of the regional transport infrastructure: Kazykhanov.
03 August 2012 17:08
Eurozone must take 'decisive' measures, Obama says
US President Barack Obama said Monday that the eurozone is not buckling under the weight of the debt crisis, but that "decisive steps" have yet to be taken.
31 July 2012 16:20
Asian markets rise again on stimulus hopes
Asian markets were generally higher Tuesday, their third consecutive positive session, amid continued hopes for new stimulus measures by European and US central banks.
31 July 2012 14:04
US drought woes deepen
The drought in America's breadbasket is intensifying at an unprecedented rate, experts warned Thursday, driving concern food prices could soar if crops in the world's key producer are decimated.
28 July 2012 10:32
Kazakhstan and China increased commodities turnover
Commodities turnover between Kazakhstan and China grew 29.8 percent up in 5 months of 2012.
27 July 2012 14:58
British finance minister fighting for survival: press
British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.
27 July 2012 11:19
China's economy to rebound in second half: IMF
China's economy will rebound in the second half of 2012 to achieve annual growth of eight percent as government policies to spur growth take effect.
26 July 2012 10:01
Australian gas rush set to overhaul Qatar's lead
Australia is set to become the world's biggest liquefied natural gas producer, with analysts predicting it will overtake Qatar by 2020 as it unlocks reserves that could last more than a century.
25 July 2012 13:58
Huge money spin in Kazakhstan's shadow economy
The turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.
25 July 2012 12:42