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Oil price slump forces Azerbaijan to stop propping up currency Oil price slump forces Azerbaijan to stop propping up currency Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
22 December 2015
Brent hits 11-year low as oil extends slide on glut worries Brent hits 11-year low as oil extends slide on glut worries European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.
21 December 2015
Australia's Westfield offloads five US malls Australia's Westfield offloads five US malls Australian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.
21 December 2015
Hard economic lessons as China's coal boom ends Icon Hard economic lessons as China's coal boom ends China's coal industry is now crippled by oversupply, but its companies are too big to fail.
09 December 2015
EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk The European Union and Turkey agreed on a deal to stem the migrant crisis, including a three-billion-euro ($3.2-billion) aid package for Syrian refugees in Turkey.
30 November 2015
Facebook ramps paid leave time for new dads Facebook ramps paid leave time for new dads With Facebook co-founder Mark Zuckerberg about to become a dad, the social network boosted the amount of time fathers can take off to bond with their new babies.
28 November 2015
American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.
27 November 2015
Obama vows better trade ties with new Argentine leader Obama vows better trade ties with new Argentine leader US President Barack Obama sought to capitalize on Mauricio Macri's election to open a new, less contentious chapter in relations with Argentina.
26 November 2015
Russia sanctions could be lifted if it meets Ukraine commitments: French PM Russia sanctions could be lifted if it meets Ukraine commitments: French PM Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.
26 November 2015
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan's national companies face major restructuring Kazakhstan's national companies face major restructuring Kazakhstani national companies will soon be facing a major restructuring.
25 November 2015
Pegging or no pegging: tenge in new monetary policy Pegging or no pegging: tenge in new monetary policy Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.
24 November 2015
Kazakhstan's accession to WTO may hamper development of EEU: Belarus Foreign Minister Vladimir Makei Kazakhstan's accession to WTO may hamper development of EEU: Belarus Foreign Minister Vladimir Makei According to Minister of Foreign Affairs of Belarus Vladimir Makei, Kazakhstan’s accession to the World Trade Organization may hamper the development of the Eurasian Economic Union.
24 November 2015
Kazakhstan revises 2015 inflation rate forecast Kazakhstan revises 2015 inflation rate forecast Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
23 November 2015
Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.
23 November 2015
Facebook tests tools for dealing with former loves Facebook tests tools for dealing with former loves The online social network devoted to making the world more connected began helping couples break up.
20 November 2015
VW puts off China investment amid costly emissions scandal VW puts off China investment amid costly emissions scandal German automaker Volkswagen, tainted by an emissions scandal expected to cost it billions, said it had postponed a planned investment in China.
20 November 2015
Barclays fined another $150 mn over forex 'misconduct' Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.
19 November 2015
National Bank's Governor post is risky business National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.
18 November 2015
Depreciation of tenge caused by appointment of National Bank's new Governor? Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.
18 November 2015
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