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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

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

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