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.
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.
KazTransOil announces 2012 earnings
KazTransOil earned over 33 billion tenge ($220 million) in 2012.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Almaty's budget revenues made $2 billion in 2012
Almaty bolstered its position as the country’s financial center: Almaty Akim.
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.
Obama jabs Republicans over tax cuts for rich
President Barack Obama on Thursday said the only thing keeping Republicans together was a desire to shield the rich from higher taxes, in a new jab over an imminent budget confrontation.
Kazakhstan students owe billions to the state
Kazakhstan Financial Center is reclaiming the loans issued by the state in 1999-2005 in court.
Yessimov voices expenses of Year of Culture in Almaty
5.4 billion tenge ($36 million) were spent to hold the Year of Culture events in 2012 in Almaty.
State to pay for exterminated sick cows in north Kazakhstan
The state agreed with KazAgroFinance on reimbursement of costs to the Kazakhstan farms, including the expenses for food and care, as well as the salaries of the farms' employees.
Merger of Kazakhstan’s pension funds planned since 2010
A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.