UPDATE 1-S&P upgrades Kazakhstan on rising oil exports
Nov 7 (Reuters) - Standard & Poor's on Monday upgraded Kazakhstan's sovereign credit rating higher into investment grade, forecasting rising oil exports will allow its economy to grow around 6 percent until 2014.
China to inject over $158 billion into money market: report
China is likely to inject more than 1 trillion yuan ($158 billion) into the money market in the next two months via annual subsidies from the Ministry of Finance, the official China Securities Journal on Monday quoted a research report as saying.
Carney Named to Head Financial Stability Board, G-20 Says
Bank of Canada Governor Mark Carney was named by Group of 20 leaders to head the organization overseeing efforts to write new rules for international finance that some lenders say may slow lending and hurt growth.
George Soros delivers public lecture on Euro crisis
In a lecture co-sponsored by Central European University and the Institute for New Economic Thinking, George Soros delivered broad remarks about the current financial crisis, the Euro, and the pitfalls of inaction in the face of economic turmoil. The public lecture, "Reflexivity at Work in the European Union," can be viewed here: http://www.youtube.com/watch?v=1lI3mdtSeRA
Eurasian Natural Resources Corporation has postponed a vote on a $600 m related-party transaction to acquire outstanding share of a Kazakh coalminer, after pressure from independent shareholders in light of volatile market conditions.
Diamonds are not forever, decides S African dynasty
When South Africa's Oppenheimers finally decided to sell their stake in De Beers to Anglo American for $5.1bn after difficult and emotional discussions, it marked the end of an era for one family's dynastic dominance of the diamond industry.
Exclusive: Swiss offer U.S. tax deal for all Swiss banks
The government of Switzerland has proposed a multibillion-dollar settlement with U.S. authorities over allegations that it helped wealthy Americans avoid billions of dollars in U.S. taxes, according to sources briefed on the matter.
Russian businesses, which collectively put in billions of dollars in foreign investment last year, are most likely to offer bribes and kickbacks in commercial deals abroad, according to Transparency International's latest Bribe-Payers Index.