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EU finance ministers reach banking union deal EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.
19 December 2013
Kazakhstan's GDP grows 6% in 11 months Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013: Statistics Agency.
19 December 2013
China's graft crackdown hits watches, luxury market Luxury watch sales fell in the key Chinese market this year in the face of a crackdown on corruption and extravagance, a global consultancy said.
19 December 2013
Kazakhstan, Russia and Ukraine to storm global grain market together Kazakhstan, Russia and Ukraine are intending to coordinate their actions at the global grain market: Vladimir Putin.
18 December 2013
Toyota spare parts traders refuse to import goods from Russia Almaty Toyota spare part traders say that the scheme proposed by official Toyota brand representative in Kazakhstan is cost-inefficient .
16 December 2013
Ford to open plants in China, Brazil; add 5,000 US jobs US automaker Ford said Thursday it will open two new plants in China and a third in Brazil next year while adding more than 5,000 jobs in the United States.
13 December 2013
Hit like ton of BRICS: 2013 tough year for emerging markets Only recently hailed as the saviours of the world economy, emerging markets had a tough year in 2013, hit by slow growth, market instability and social unrest that have worried investors -- though some analysts say the fear is overblown.
12 December 2013
Almaty's flea market on fire again The largest flea market of Almaty city has been burning again.
12 December 2013
Apple wins court battle against Samsung South Korea's Samsung on Thursday lost its latest claim in a long-running global copyright battle against bitter rival Apple, a surprise blow to the electronics giant in its home market.
12 December 2013
Chinese investors look to mine Bitcoin volatility Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
11 December 2013
Israel, Jordan, Palestinians to sign Red Sea-Dead Sea deal Representatives of Israel, Jordan and the Palestinians will on Monday sign a "historic" agreement to link the Red Sea with the shrinking Dead Sea, an Israeli minister said.
09 December 2013
US jobless rate drops to five-year low The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program.
07 December 2013
WTO pact in doubt after Latin America objections Negotiations on a global trade deal teetered on the brink of collapse Saturday as Latin American countries objected to the removal of a reference to the US embargo on Cuba, the WTO said.
07 December 2013
Make-or-break WTO meeting goes down to the wire Commerce ministers engaged in an eleventh-hour flurry of diplomacy on Friday, hoping to save a WTO package amid stark warnings that failure could permanently cripple the global trade body.
06 December 2013
Ford's Mustang muscle car gets 50th birthday makeover The Mustang, the iconic American muscle car, got a makeover for its 50th anniversary Thursday, with Ford aiming to repeat is huge US success in global markets such as China.
06 December 2013
China may mean gold for Apple It could be a huge breakthrough for Apple to win a place in the line-up of China's largest telecom provider and a big shakeup for the smartphone market.
06 December 2013
Almaty Toyota spare parts traders asking to permit parallel imports Owners of dozens of Toyota spare parts shops that were closed down in the end of November have applied to the Kazakhstan Government asking to permit parallel imports of the original spare parts.
05 December 2013
Qantas to cut 1,000 jobs, says challenges "immense" Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).
05 December 2013
Japan Tobacco and Philip Morris buy 40% of Russian distributor Japan Tobacco (JT) and Philip Morris will each buy a 20 percent stake in Russian distributor Megapolis for a total of more than $1.5 billion, as the rivals move to tap the world's second-biggest cigarette market.
05 December 2013
Pay-what-you-like restaurant in China loses thousands A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model.
05 December 2013
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