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Philippines' San Miguel reaps $400 mn in power sale Philippine conglomerate San Miguel Corp. said Friday it sold part of its minority stake in the country's main electricity retailer for nearly $400 million.

20 July 2013

Australia pledges more cash for reef starfish battle Australia pledged another Aus$5 million (US$4.6 million) to the fight against a predatory starfish devastating the iconic Great Barrier Reef Thursday, revealing 100,000 of the creatures had been wiped out so far.

18 July 2013

Author Vikram Seth asked to return $1.7m advance: report Acclaimed Indian writer Vikram Seth has been asked to return a $1.7-million advance he was paid by his publisher to write a sequel to his 1993 classic "A Suitable Boy".

10 July 2013

Kazakhstan National Fund to publish expenses Reports on expenditures of the National Fund of Kazakhstan are to be published on the Internet to ensure transparency of the money use.

17 June 2013

Kazakhstan to pay $16 million to consultants for EXPO-2017 These are the funds to pay the fees to consultants for registering Kazakhstan's profile: Minister of Economy.

27 May 2013

Nobel prize-winner speaks of new monetary and credit system Nobel prize-winner Robert Mundell has once again suggested that a new global monetary and credit system should be established.

24 May 2013

Hong Kong taxi driver cleared over 6 cent overcharge A taxi driver who endured a six-month lawsuit after overcharging a passenger by six US cents has finally had his name cleared by a Hong Kong court.

17 May 2013

Kazakhstan mulls restricting cash withdrawal Kazakhstan financial police is suggesting to legally restrict withdrawal of cash by individuals and legal entities.

24 April 2013

McCartney named Britain's richest musician for 25th year Former Beatle Paul McCartney has been named Britain's wealthiest musician for a 25th year running in an annual "rich list" compiled by The Sunday Times newspaper.

13 April 2013

The bubble bursts on e-currency Bitcoin Many saw it coming, but that didn't stop the Bitcoin bubble from bursting: after rising to dizzying heights, the digital currency suffered its first true crash this week.

13 April 2013

Jamaica pledged $2 billion for restructuring Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.

09 April 2013

Philippines asking $1.4 mn from US for reef damage The Philippines will ask the United States to pay 58 million pesos ($1.4 million) in compensation for damage caused by a US warship to a protected coral reef.

06 April 2013

Chinese travellers are top spenders: UN tourism body Chinese travellers are the world's biggest tourism spenders, splashing out a record $102 billion (78 billion euros) on trips abroad in 2012.

05 April 2013

Jurors picked for Jackson family trial with AEG Jury selection begins Tuesday for a long-awaited trial in which Michael Jackson's mother is seeking billions of dollars from tour promoters she blames for her son's 2009 death.

02 April 2013

From bedroom to boardroom: UK teen turns tech millionaire Like many British teenagers, Nick D'Aloisio has a hole in the knee of his jeans and gets in trouble when his bedroom is untidy. Unlike most, the 17-year-old has just sold an app to Yahoo! for tens of millions of pounds.

28 March 2013

Five jailed in Britain over movie tax scam Five people were jailed for more than 20 years in Britain on Monday for pretending to make a Hollywood blockbuster to secure millions of pounds in tax breaks from the government.

27 March 2013

Cyprus launches banking overhaul as meltdown looms Cypriot politicians have until Monday to approve a "Plan B" bailout deal with the European Union and International Monetary Fund.

22 March 2013

Billionaire Rinehart 'offered daughter $300 mln to end feud' Australian billionaire Gina Rinehart offered her estranged daughter Hope Aus$300 million (US$306 million) in a bid to end a sordid feud over the family fortune.

14 March 2013

Money laundered by Aliyev via Austria may be returned to Kazakhstan Ex-ambassador of Kazakhstan Rakhat Aliyev must have laundered at least 113 million Euro via Austria.

13 March 2013

S. Korean police arrest man after Gangnam style binge A South Korean man who embezzled more than $4.0 million dollars and had plastic surgery to evade capture, has been arrested after a hostess bar spending spree in Seoul's upmarket Gangnam district.

22 February 2013

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