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Asia Markets Japan stocks plunge back into losses
HONG KONG (MarketWatch) -- Japanese stocks plunged deep into losses Friday afternoon on a wave of selling, as remarks from the Bank of Japan governor failed to ease concerns about a rise in government-bond ...
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Lavrov Azerbaijan oil pipeline contract termination not political
Dmitry Medvedev to revoke an intergovernmental agreement to transport oil through the Baku-Novorossiysk pipeline was purely a business decision. "Any deterioration in relations between the two countries is out of the question," Lavrov said. The decision to end the Baku-Novorossiysk transport agreement came as Russia is preparing to vacate its Soviet-era Gabala radar station in ...
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ASIA MARKETS Japan Stocks Recover Modestly After Steep Sell-off
HONG KONG – Japanese stocks jumped Friday to stage a modest recovery, with relief buying emerging after the extreme losses they suffered the previous day, amid expectations that the rally that began late last year may have further to go.The Nikkei Stock Average climbed 3% after diving 7.3% in the previous session, while the broader Topix advanced 2.6% after Thursday's 6.9% ...
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RSSKazakhstan Focus
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Kazakhstan capital's next challenge
Astana, the capital of Kazakhstan, has experienced rapid growth in recent years and has seen the completion of some impressive architectural feats, now there are plans by the government to build a huge indoor city within the capital, providing the country with a modern feat of engineering and a tourist attraction of which to be proud.
Astana and Dubai, despite vast differences, have a few things in common as cities. Dubai is not the capital of the United Arab Emirates, while Astana is the capital of Kazakhstan, Astana is one of the coldest capitals in the world while Dubai is in one of the hottest regions on the planet. But Astana, like Dubai, has experienced rapid development in recent years, due in large part to the relocation of the capital to the city, and like Dubai, it has had to make sometimes impressive adaptations to architecture and development in order to compensate for the climate. Read more
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