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Delays have left Greece with finance gap: Lagarde International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.

26 September 2012

Cash-starved N. Korea secretly sells gold: report North Korea has been secretly selling gold to make up for shortages of hard currency after it spent millions of dollars on celebrating the 100th birthday of its founder.

25 September 2012

Kazakhstan's nine-time snowboarding champion offered special contract Nine-time snowboarding champion Valeriya Tsoy feels offended by Ust-Kamenogorsk sport officials who failed to fund her training.

25 September 2012

Palestinian state efforts at risk in cash crisis: minister Efforts to create a Palestinian state could collapse unless emergency funds are found to bail out its nascent government, the Palestinian finance minister Sunday.

24 September 2012

G4S 'high-risk' after Olympic security fiasco: lawmakers British security giant G4S should be registered as a "high-risk" company after it failed to provide enough guards for the Olympics, lawmakers said Friday.

21 September 2012

Protests stall US move to aid Egypt: report The protests that erupted in Cairo over an anti-Islam Internet video have stalled talks on relieving $1 billion worth of Egyptian debt to the United States.

19 September 2012

Risks ahead if Asia to drive world growth: experts Asia must fight complacency and transform its economic and social models if it is to keep driving global growth in years to come as Europe and the United States slow.

18 September 2012

Russia and China are leading consumers of Kazakhstan's processed goods The top 5 countries importing Kazakhstan's processed goods are China, Russia, Switzerland, Turkey and Japan: Kaznex Invest.

17 September 2012

Obama: Romney's math doesn't add up President Barack Obama mocked Mitt Romney's "two plus one equals five" economics Sunday, poking his Republican foe as he enjoyed a polling spurt after the Democratic convention.

10 September 2012

France's richest man and LVMH boss denies tax exile bid France's richest man and LVMH boss Bernard Arnault said Sunday he was not becoming a tax exile, despite seeking Belgian nationality as Paris moves to impose a 75-percent wealth tax.

10 September 2012

US Treasury to sell $18 bn of AIG stock The US Treasury Department announced Sunday that it has launched a public offering of $18 billion of its common stock in AIG, the giant insurer bailed out by the US government.

10 September 2012

France's Hollande outlines sweeping new taxes for recovery France's Socialist President Francois Hollande pledged 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet.

10 September 2012

Mining magnate Rinehart says Australia 'too expensive' Mining tycoon Gina Rinehart on Wednesday warned Australia was becoming too expensive for multinational companies who could source workers for two dollars a day in Africa.

06 September 2012

Republicans slam Obama as US debt tops $16 trillion Republicans pinned America's "crushing" fiscal burden squarely on President Barack Obama on Tuesday after the national debt passed $16 trillion just before the Democratic National Convention opened.

05 September 2012

Moody's downgrades EU rating outlook to 'negative' Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

04 September 2012

Nazarbayev instructed to set barrier to shadow economy An important task is to create legislative barriers for the shadow economy and attempts to take budget funds into the shade: Nazarbayev.

03 September 2012

Bernanke signals desire for more Fed stimulus US Federal Reserve Chairman Ben Bernanke expressed deep worry over the US economy Friday and argued for fresh action to stimulate growth from the central bank.

02 September 2012

Brazil set to cut interest rate to new record low : analysts Brazil's central bank is set this week to announce its ninth interest rate cut to a record low of 7.5 percent, in a bid to revive sluggish economic growth.

29 August 2012

Kazakhstan increases military spendings Kazakhstan's defense expenditures will exceed 1 trillion tenge ($8.6 billion) in 2013-2015.

29 August 2012

Kazakhstan and France to jointly produce electric locomotives HSBC is the lead manager of the offering of $800 million 6.950 percent notes due 2042 by Kazakhstan Temir Zholy B.V.: chairman of HSBC Bank Kazakhstan.

28 August 2012

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