KEGOC ready for People's IPO KEGOC has completed the preparatory work and internal procedures for the IPO.
21 May 2013
Chinese PM vows to open up markets to India Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries.
21 May 2013
Foreign buyers descend on Sicily for bargain property Foreign buyers are swooping on deserted villages in Sicily to snap up homes for as little as 10,000 euros ($13,000), propping up a property market in freefall as Italy suffers its longest-ever recession.
21 May 2013
Central Bank Governor on pension reforms According to Mr. Marchenko, 72% of the current retired people are females with the other 28% being males.
20 May 2013
Bird flu costs China industry $65 bn: state media China's human H7N9 bird flu outbreak has cost the country's poultry industry more than 400 billion yuan ($65 billion) as consumers shun chicken.
20 May 2013
Great Britain to pay Kazakhstan $300-400 thousand for military transit per year Kazakhstan will be receiving $300-400 thousand per year from Great Britain from transit of military cargoes via its territory.
20 May 2013
China 'will not accept' carbon tax on EU flights: report China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.
19 May 2013
S&P warns India could face junk status India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, in another blow to the scandal-tainted Congress government.
19 May 2013
Mexico cuts 2013 growth forecast to 3.1% Mexico cut its 2013 growth forecast on Friday after the economy expanded less than expected in the first quarter due to slumping industrial production and near stagnant exports.
18 May 2013
Rio Tinto puts largest 'red' diamond on market Rio Tinto said Friday it was putting up for sale the biggest "red" diamond ever produced by its Australian mine amid an "explosion" in demand from Asia for the rare pink-hued stones.
17 May 2013
Sowing campaign kicks off in North Kazakhstan Areas for sowing oil-bearing and forage crops will be increased to diversify the crops this year.
16 May 2013
Hollande's headache worsens as France slips into recession President Francois Hollande's nagging headache to reboot the French economy has turned into a migraine as the economy slipped into its second recession in four years, fuelling speculation of an impending cabinet reshuffle.
16 May 2013
Japan economy grows again, points to recovery Japan said Thursday that its economy grew again in the quarter to March, pointing to a recovery as Tokyo and its hand-picked central bank team set about stoking the world's third-largest economy.
16 May 2013
Upbeat New Zealand heading back to the black New Zealand on Thursday bucked the international trend toward austerity budgets and lifted spending modestly, while still predicting its books will be back in the black within two years.
16 May 2013
Toyota becomes Asia's biggest firm by market value Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.
16 May 2013
BHP to scale back capital spending by a fifth Global mining giant BHP Billiton has outlined plans to slash capital spending by almost a fifth, with new chief executive Andrew Mackenzie warning the brakes could be applied even further.
15 May 2013
Private sector is in a better position to manage pension savings: EBRD Director for Kazakhstan The payback from the pension reform could be insignificant should the Single Pension Fund’s assets be invested in the same way the National Oil Fund’s assets are invested: Fitch Ratings.
14 May 2013
Kazakhstan might launch a single system of ATMs operated by the Central Bank According to Gregory Marchenko, the Central Bank Governor, the suggested single system of ATMs will enable to cut down the service fee twofold as compared to the current average rate.
14 May 2013
Sales of Government’s stakes in bailed out banks is not a solution to toxic assets: Fitch Ratings According to Charles Seville of Fitch Ratings, the real growth of lending in Kazakhstan “only stands at 5%, which is lower than in Russia, Mexico, Turkey and Azerbaijan.
14 May 2013
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