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Euro weakens as eurozone fails to agree Greek deal The euro fell in Asian trade on Wednesday and shares eased after eurozone finance chiefs said they had failed to agree on a deal to unlock the latest batch of crucial bailout cash for Greece.

22 November 2012

KMG EP increased profit by 5% in January-September Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/

22 November 2012

KMG is selling out its assets and facilities KazMunaiGas National Company will sell around 20 non-core assets and 349 non-core facilities within several years.

21 November 2012

Moody's cuts top French rating, terms outlook negative France came under fresh economic pressure as the international ratings agency Moody's cut the French government bond rating by one notch from the highest level to "Aa1".

21 November 2012

BoJ holds off fresh easing despite calls for action The Bank of Japan held off launching fresh easing measures on Tuesday, despite growing calls for further stimulus to spur the economy and as it warned of a "high degree of uncertainty".

20 November 2012

Moody's warns on Italy's banks Rating agency Moody's warned Monday that Italy's banks face worsening conditions over the coming year with asset quality declining, low profitability, and poor access to markets for funds.

20 November 2012

Religious institutions have to report for foreign money: Lama Sharif Financial activities of religious unions are government by the Law щn non-commercial organizations acting in Kazakhstan since January 16, 2001.

16 November 2012

Japan gives $700 million to 5 Central Asian countries Japanese Foreign Minister has declared the country's intention to spend $700 million in Central Asia.

13 November 2012

Islamic Bank allocated $25 million to Kazakhstan farmers The Fund for Financial Support to Agriculture has started a series of seminars on Islamic financing for personnel of branches and representative offices in 11 regions of Kazakhstan.

13 November 2012

S. Korea to triple budget in Japan island dispute A South Korean parliamentary committee has agreed to nearly triple a special budget for promoting Seoul's sovereignty over an isolated set of islands also claimed by Japan.

12 November 2012

Greece eyes fresh bailout funds after budget passed The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.

12 November 2012

Apple still perched high, but seems vulnerable Apple, the world's biggest and perhaps most admired company, seems to have lost some of its luster.

11 November 2012

US not ready for Basel III bank rules: Treasury The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.

10 November 2012

Britain to end aid to India in 2015 Britain's government said on Friday it will stop all aid to India in 2015 and slash its remaining handouts, bowing to domestic pressure over its foreign development budget at a time of austerity.

10 November 2012

Poland urges no veto on tricky 2014-2020 EU budget Poland on Friday urged net beneficiary EU members not to block talks on the contentious 2014-2020 budget proposed by Brussels which the 27-member bloc is expected to focus on at an upcoming summit.

10 November 2012

Chevron assets frozen in Argentina over Ecuador case An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.

09 November 2012

Republicans lay down battle lines over fiscal cliff Republicans offered newly re-elected President Barack Obama a short-term fix to the fiscal cliff Wednesday, but insisted they would not cave in to tax increases to boost revenues.

09 November 2012

Merkel in Britain for tough budget talks with Cameron German Chancellor Angela Merkel and British Prime Minister David Cameron held talks over the EU's hotly contested budget in London on Wednesday with both agreeing that the bloc needed to heed public opinion.

08 November 2012

ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.

08 November 2012

Football: Austerity bites for Greek football New austerity measures to be voted on by Greek lawmakers on Wednesday are expected to deal a further financial blow the country's football teams as fans find it increasingly difficult to pay for tickets.

07 November 2012

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