site.news_by_theme finance
Pressure mounts on fiscal cliff, Obama urges fix
US President Barack Obama on Wednesday called for a pre-Christmas deal with Republicans to avert a year-end tax and deficit crunch, as pressure mounted from the business world and stock markets fluttered.
30 November 2012
Sony mulls battery business sale: report
Sony is in talks with suitors including Taiwan's Hon Hai Precision over the sale of its battery business, a report said Thursday, as the Japanese firm tries to repair its dented balance sheet.
30 November 2012
KazakhTelecom increases profits 5.4-fold
Net profit of KazakhTelecom made 216 billion tenge in January-September 2012, which is 5.4 times more than in the same period of 2011.
28 November 2012
200 Kazakhstan companies checked for implication in financing terrorism
The commission provided Kazakhstan's law-enforcement authorities with over 190 materials on organizations and persons allegedly involved in laundering of criminal money and financing terrorism: Iogan Merkel.
27 November 2012
New eurozone talks to save Greece from financial collapse
Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
26 November 2012
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