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Google 2012 revenue hits $50 billion, profits up Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.

24 January 2013

World jobless number seen rising to record high in 2013: ILO Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year.

23 January 2013

Cathay asks crew to volunteer for early retirement Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.

22 January 2013

BoJ starts first meeting under new Japan government The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.

22 January 2013

US House Republicans back 3-month debt limit rise Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.

19 January 2013

IMF releases aid to Greece after long delay After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.

18 January 2013

Administration of Zhambyl oblast allocated over $1.1 million for restoration of disaster-hit regions The money allocated from the oblast budget will be spend of restoration works in Talas and Saryssu regions.

18 January 2013

Global financial architecture is awfully backwooded: Nazarbayev Nursultan Nazarbayev spoke about ways out of the global crisis at the meeting with heads of diplomatic missions and international organizations.

18 January 2013

World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.

17 January 2013

Bernanke urges Congress to lift debt ceiling US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.

15 January 2013

China bank's 'sexist' promotion sparks outrage A Chinese bank's offer to automatically transfer most of a husband's income to his wife's account has provoked fury, with some calling it "the most atrocious banking service against men in history".

15 January 2013

Greek parliament approves tax change under rescue terms Greece's parliament early Saturday approved a new tax bill, part of the latest batch of fiscal reforms tied to the country's next slice of EU loans.

12 January 2013

Relaxing bank liquidity rules sparks hope for euro lending boost The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts to a recovery of lending the eurozone.

09 January 2013

Japan plans extra $2.1 bn on military spend: official Japan plans to spend an extra $2.1 billion on missiles, fighter jets and helicopters, an official said Wednesday, as Tokyo looks to boost defence capabilities with concerns growing over a rising China.

09 January 2013

IMF to send team to Cairo for loan talks The International Monetary Fund will send a team of experts to Cairo to discuss possible financial support for the Eygptian economy.

09 January 2013

Fresh start for Congress, but fiscal battles loom again With nearly 100 new members, the US Congress convened Thursday fresh from the year-end "fiscal cliff" fiasco, as lawmakers cast a wary eye towards the tough budget battles ahead.

04 January 2013

Putin grants France's Depardieu Russian citizenship Russian President Vladimir Putin on Thursday granted fast-track citizenship to France's Gerard Depardieu after the movie star complained about the French Socialist government's proposed 75 percent tax on the rich.

04 January 2013

IMF: US 'cliff' actions not enough The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.

03 January 2013

US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

Obama signs 'fiscal cliff' bill into law President Barack Obama has signed into law a contentious compromise bill hammered out in Congress that narrowly averted the US 'fiscal cliff of tax hikes and drastic, immediate cuts in spending.

03 January 2013

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