Center of Business Journalism

Greeks vote with wallets in fear of euro zone exit

bizmedia — Fri, 18 May 2012 12:05:13 +0600

Greeks are voting with their wallets and pulling euros out of the banks in fear that their country may leave the European single currency despite the declared determination of EU powers Germany and France to keep Athens in the monetary union.

On May 16 KASE suspended trading in common and preferred shares of Kazakhtelecom

bizmedia — Thu, 17 May 2012 12:03:00 +0600

/KASE, May 16, 12/ - Today at 11:50 o'clock Almaty time, Kazakhstan Stock Exchange (KASE) suspended trading in common shares KZ1C12280018 (KZ0009093241, KASE official list, first category, KZTK) of JSC "Kazakhtelecom" (Astana) following a 66.56 % decrease in their price.

Underwater Hotel to be Dubai's Latest Extravagance

bizmedia — Thu, 17 May 2012 11:59:00 +0600

Skylines are so pass�.

Azerbaijan Hails London Taxis to Upgrade Its Unlicensed Fleet

bizmedia — Thu, 17 May 2012 11:58:00 +0600

Caspian Nation Goes Deep Purple Ahead of European Pop-Music Contest.

Kazakhtelecom to divvy up $1.4 bln from Kcell sale

bizmedia — Wed, 16 May 2012 11:57:00 +0600

Kazakhtelecom, the largest fixed-line operator in Kazakhstan, aims to borrow about $200 million to fund expansion this year after paying shareholders $1.4 billion in dividends from the sale of mobile unit Kcell.

If Greece goes...

bizmedia — Wed, 16 May 2012 11:56:00 +0600

... who gets burnt? Part 2 of series.

If Greece goes...

bizmedia — Tue, 15 May 2012 11:54:00 +0600

With an exit from the euro looking less unthinkable, policy makers and investors shift their focus to the likely consequences.

Cadillac, Chevy Finally Crack Japan, but Not With Cars

bizmedia — Sat, 12 May 2012 21:39:20 +0600

KASHIWA, Japan - In a shopping mall outside Tokyo, people kick the tires of showroom models lined up under glossy posters.

Chinese Banks Get Nod In U.S.

bizmedia — Fri, 11 May 2012 11:39:04 +0600

Giant banks owned by the Chinese government are coming to the U.S.

China Cuts Gasoline, Diesel Prices

bizmedia — Fri, 11 May 2012 11:35:26 +0600

BEIJING - China cut its heavily regulated gasoline and diesel prices for the first time in six months, as easing global oil prices offer a tail wind to the world's No. 2 economy.