World Bank: China faces Europe risk, soft landing possible
China's economy faces growing risks from Europe's sovereign debt crisis and from debt held by local Chinese governments but it could engineer a soft landing by easing monetary policy, the World Bank said on Tuesday.
Euro zone not working, words alone won't fix it: Buffett
Billionaire investor Warren Buffett said Europe's debt crisis had shown up a "major flaw" in the 17-member euro zone system and it would take more than words to fix it.
Nov 21 (Reuters) - Kazakh oil and gas producer Zhaikmunai has signalled its intention to seek a full London listing that would qualify it for entry into the FTSE 250 index of mid-cap companies, the Financial Times reported on Monday.
SINGAPORE-Moody's Investors Service warned Monday that its stable outlook on France's triple-A rating is under pressure, in another sign the euro zone's sovereign-debt crisis is spreading from the bloc's smaller and weaker states toward core economies.
The Russians are coming - and the Chinese and the Canadians
The distinguished-looking gentleman in traditional Arab dress being shown around a mockup cabin of Bombardier's new plane at the Dubai air show is Saleh Al-Awaji, chairman of Yemen's Felix Airways.
China's 3rd West-East gas pipe to open in 2013 -paper
Nov 17 (Reuters) - China's third West-to-East gas pipeline, mainly carrying gas from Central Asia to southeastern Fujian province, is expected to become operational by the end of 2013 , China Daily reported on Thursday, citing a source with the country's dominant gas supplier.
Two of the big three global credit rating agencies, Fitch Ratings and Standard and Poor's, placed Hungary's credit rating on "negative surveillance" over the weekend, citing the risk of contagion from the eurozone and the nation's increasingly unpredictable policy decisions as the primary factors behind their decision.
UniCredit Said to Propose 7.5 Billion-Euro Stock Sale to Board
UniCredit SpA's board will consider approving a share sale of 7.5 billion euros ($10.3 billion) to strengthen capital, two people familiar with the situation said today.
Major yuan rise no cure for U.S. economic ills: China's Hu
U.S. trade and employment problems would not be solved by even a major appreciation of China's yuan versus the dollar, Chinese President Hu Jintao was quoted as saying on Sunday.
Fitch Ratings has downgraded Kazakhstan-based BTA Bank (BTA) and its subsidiary CJSC BTA Bank (Belarus)'s (BTAB) Long-term Issuer Default Ratings (IDR) to 'CCC' from 'B-'. A full list of rating actions is at the end of this commentary.
Konstantin Lifanov: "For me golf is a way of life"
As we approach 7th international golf tournament "Kazakhstan open - 2011", we had the honor to speak with the Konstantin LIFANOV - Tournament Director, Golf Director of the Golf Club "Nurtau" and one of the founders of the Kazakh golf.