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International lending shows smallest growth in 13 years: BIS Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).

19 March 2013

Cyprus president in desperate bid to prevent run on banks Cypriot President Nicos Anastasiades will on Monday attempt to persuade lawmakers to back an EU bailout deal that slaps a levy on bank savings, amid fears of a run on accounts if he fails.

18 March 2013

Kazakhstan Statistics Agency expects GDP growth in 2013 Kazakhstan Statistics Agency is expecting that the country's GDP rate will continue increasing this year.

18 March 2013

Eurogroup approves Ireland, Portugal debt extension Eurozone finance ministers approved early Saturday plans to give bailed-out Ireland and Portugal more time to pay back some of their massive rescue loans.

18 March 2013

US Treasury chief not worried about market bubble US Treasury Secretary Jacob Lew said Thursday that he was not worried about a potential financial bubble forming as Wall Street stocks racked up record highs.

16 March 2013

IMF calls for 'urgent action' to boost Palestinian economy The International Monetary Fund (IMF) Thursday called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.

15 March 2013

Data confirms recession in weakest eurozone economies Data published on Monday confirmed recession in the eurozone's weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may come at the cost of economic growth.

12 March 2013

KazTransOil announces 2012 earnings KazTransOil earned over 33 billion tenge ($220 million) in 2012.

11 March 2013

US companies keep more money offshore: report US companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes.

11 March 2013

Wall St. Raider Icahn defends Dell assault Wall Street raider Carl Icahn defended his twin attacks on computer giant Dell and offshore oil rig operator Transocean Friday, saying such companies need "shaking up" for shareholders' benefit.

10 March 2013

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.

04 March 2013

Tennis: Roland Garros extension blocked Controversial plans to extend Roland Garros, the home of the French Open, were put on hold on Friday as residents living near the venue in the capital's leafy 16th arrondissement scored a crucial victory in their opposition.

02 March 2013

Sony sells Tokyo office building for $1.2 bn Sony said Thursday it has sold one of its main buildings in Tokyo for $1.2 billion as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.

28 February 2013

Australian government pension fund dumps tobacco The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.

28 February 2013

Kazakhstan government to pay $3 million for seeds Seeds deficiency is expected in the amount of 80 thousand tons this year in Kazakhstan: Agriculture Minister.

28 February 2013

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.

27 February 2013

High risks for Obama in new spending fight Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.

26 February 2013

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.

25 February 2013

Almaty's budget revenues made $2 billion in 2012 Almaty bolstered its position as the country’s financial center: Almaty Akim.

25 February 2013

Japan eyes ADB chief to head central bank: reports Asian Development Bank president Haruhiko Kuroda is seen as the leading candidate to become Japan's next central bank governor.

23 February 2013

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