Pacific faces big economic losses from climate change: ADB
The Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian Development Bank said Tuesday.
Aktau oil tanker explosion: train driver transferred to Burn Center in Astana
The train driver Berik Kulbarakov who suffered burns in the oil tanker explosion near Aktau has been transferred to the Burn Center in Astana.
Eurozone warns Spain, Italy to deliver on commitments
The eurozone Friday warned five countries led by Spain and Italy to deliver on promises to hit deficit and debt targets in national spending plans next year.
London's High Court sentences Ablyazov’s brother-in-law to 22 months in prison
London's High Court has sentenced Salim Shalabayev, brother of Mukhtar Ablyazov wife Alma Shalabayeva, to 22 months in prison for contempt of court.
iPhone maker Foxconn invests $40 million in US
Taiwan's Foxconn, the maker of iPhones, iPads and other electronics in China, said Thursday it would invest $40 million in the United States to ramp up manufacturing of high-end products.
BoJ holds fire on stimulus, says economy recovering
The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.
Kazakhstan considers Personal Bankruptcy law
Kazakhstan is considering adopting a personal bankruptcy law.
Arab, Africa leaders to review economic ties at summit
Arab and African leaders are to start a two-day summit in Kuwait on Tuesday to review steps to promote economic ties between wealthy Gulf states and investment-thirsty Africa.
Drugs scandal rocks Britain's troubled 'ethical' bank
Britain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
JPMorgan to pay investors $4.5bn over mortgage bonds
JPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.
CIA spying on Americans' financial data: report
The Central Intelligence Agency is amassing a huge database of international money transfers that includes the financial and personal data of millions of Americans, The Wall Street Journal reported Thursday.
Yellen says Fed stimulus must continue
Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must remain in place to bolster an economy where growth remains fragile.
Euro "too strong", says European Commission's Tajani
European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
As Twitter flies, fears mount on bubble
Twitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.
Brazil freezes assets tied to Alstom, Siemens price-fixing claims
Brazilian judges have frozen assets worth $26 million involved in an alleged cartel suspected of price-rigging during bidding for Sao Paulo's metro rail systems.
Kazakhstan officials drink 1 billion tenge worth of tea with sweets in 10 months
Kazakhstan state officials have drunk almost 1 billion tenge ($6.5 million) worth of tea with sweets since the beginning of the year.
US shutdown cost $2.0 billion in lost govt output
The 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
A controversy surrounding property confiscation of Kazakhstan's fugitive tycoons
Kazakhstan wants to start confiscating property of fugitive tycoons without getting a court verdict.
New Finance Minister appointed in Kazakhstan
Bakhyt Sultanov has been appointed the new Minister of Finance in Kazakhstan.
Kazakhstan's 3-year budget based on $90 per barrel oil price
Kazakhstan has based its new 3-year budget on the oil price of $90 per barrel.