News about money

China Singles Day online shoppers spend almost $6 bn Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.
13 November 2013
'World's first' bitcoin ATM opens in Canada Three young entrepreneurs have opened what they call the world's first ATM able to exchange bitcoins for any official currency.
30 October 2013
Temirbank robbed in Almaty Robbers found their way into the office of Temirbank at the crossing of Abay and Auezov streets in Almaty and stole around $240 thousand.
23 October 2013
Americans spent $2.6 bn gambling online in 2012: study Americans spent $2.6 billion on gambling websites in 2012, according to a study released Tuesday by the casino industry as it renewed a push for Congress to regulate online betting.
25 September 2013
Kazakhstan Spiritual Management of Muslims carries $1.5 million in a bag to Saudi Arabia The administration of the Spiritual Management of the Muslims of Kazakhstan transports up to $1.5 million in cash in a bag to Saudi Arabia.
06 September 2013
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
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