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German region to buy more Swiss tax cheat data The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.

21 August 2012

Japan's Sharp mulls main businesses sale: report Japan's embattled Sharp Corp. is considering selling off part of its main operations as it looks to plug a gaping hole in its balance sheet.

20 August 2012

$302 million allocated for financing of education in Almaty in 2012 Almaty Mayor told about development of education system in Almaty.

20 August 2012

Manchester United shares fall below IPO price Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.

18 August 2012

Barys preferred Mirasty to Gratton for financial reasons Kazakhstan Barys hockey club preferred to sign a contract with Jon Mirasty rather than with Josh Gratton for financial reasons.

16 August 2012

Japan lawmakers to approve long-awaited tax hike An unpopular bill to double Japan's sales tax and partially plug its gaping debt hole is set to be passed by lawmakers Friday in a triumph for the prime minister that could also herald the end of his job.

11 August 2012

Manchester United slashes price for US IPO Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.

10 August 2012

Japan invests in Atyrau refinery Kazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.

09 August 2012

'Preferential shares' scandal ruins Spanish savers The bank called them "preferential stakes", but Inocencio Merino would prefer to have avoided them.

09 August 2012

Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.

04 August 2012

BHP chief forgoes bonus after $2.84 bln US gas writedown BHP Billiton on Friday said chief executive Marius Kloppers will forgo his annual bonus after the world's biggest miner was forced to write down the value of its US shale gas assets by US$2.84 billion.

03 August 2012

Manchester United eyes over $300m in Wall Street IPO Popular British football (soccer) team Manchester United announced Monday that it hopes to earn over $300 million in its proposed IPO on Wall Street.

31 July 2012

British finance minister fighting for survival: press British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.

27 July 2012

Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."

24 July 2012

Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.

24 July 2012

Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.

23 July 2012

Nasdaq hikes payout figure for botched Facebook IPO Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.

21 July 2012

Online woes spark first Microsoft loss ever Microsoft posted its first ever loss on Thursday, shedding $492 million in the fourth quarter due to a massive $6.2 billion write-down to reflect the slump in value of its online operations.

21 July 2012

HSBC shares dive in Hong Kong after apology Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.

19 July 2012

PayPal stuffs startup into its smartphone wallet EBay-owned online financial transactions titan PayPal on Tuesday announced that it has bought a San Francisco startup focused on using smartphone cameras to take credit card payments.

18 July 2012

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