EU, IMF, praise Greek progress battling debt EU, IMF, praise Greek progress battling debt Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
01 June 2013
UBS France placed under investigation UBS France placed under investigation Paris investigators placed the French branch of Swiss bank UBS under formal investigation Friday on suspicion it helped try to persuade rich French clients to open undeclared accounts in Switzerland.
01 June 2013
New York oil rises despite record US supplies New York oil rises despite record US supplies Oil prices rallied in New York Thursday despite US stockpiles hitting a fresh all-time high, while Brent slipped.
01 June 2013
Singapore company to manage economic zones in Atyrau and Taraz Singapore company to manage economic zones in Atyrau and Taraz Singapore company JURONG will manage special economic zones in Ayrau and Taraz.
31 May 2013
OPEC set to hold oil output ceiling again OPEC set to hold oil output ceiling again The OPEC oil cartel was widely expected on Friday to maintain its collective output ceiling amid lingering worries over the health of global energy demand.
31 May 2013
US fines Total $398 mn over bribes in Iran US fines Total $398 mn over bribes in Iran French oil giant Total agreed Wednesday to pay US authorities $398.2 million to settle charges that it bribed officials in Iran to secure oil and gas concessions.
30 May 2013
Mynbayev asked to increase Chinese content in oil company Mynbayev asked to increase Chinese content in oil company Kazakhstan Oil and Gas Minister Sauat Mynbayev was asked to increase the allowed number of foreigners in Kazakhstan’s oil projects.
30 May 2013
Kazakhstan oil refineries may be suspended Kazakhstan oil refineries may be suspended Kazakhstan oil refineries may be suspended because of a deficit of oil storage tanks.
30 May 2013
Citigroup settles US suit over mortgage securities Citigroup settles US suit over mortgage securities Citigroup has settled a lawsuit by the US Federal Housing Finance Agency over the sale of home mortgage-backed securities to government-backed lenders.
30 May 2013
Astana interested in foreign investments Astana interested in foreign investments Astana is a city with very attractive opportunities: Astana Mayor Imangali Tasmagambetov.
30 May 2013
Halyk Bank on purchasing BTA Halyk Bank on purchasing BTA Halyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.
30 May 2013
Wal-Mart fined $110 mn over hazardous waste Wal-Mart fined $110 mn over hazardous waste Wal-Mart was hit with $110 million in US federal and state fines Tuesday after pleading guilty to criminal charges of mishandling hazardous waste and pesticides at its retail stores.
29 May 2013
Kazakhstan has lowest gas prices in Europe Kazakhstan has lowest gas prices in Europe Average gas price in Kazakhstan is 2.1 rubles ($0.07) per cubic meter while it makes 59.9 rubles ($1.924) per cubic meter in Sweden.
28 May 2013
Japan retains status as top creditor nation Japan retains status as top creditor nation Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
28 May 2013
France blacklists 17 countries for handling foreign aid France blacklists 17 countries for handling foreign aid France has drawn up a blacklist of 17 countries including Switzerland that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds.
28 May 2013
Venezuela accuses CNN of seeking to foment coup Venezuela accuses CNN of seeking to foment coup Venezuela's President Nicolas Maduro on Monday accused US-based news network CNN en Espanol of working to promote a coup d'etat as part of a wider media war against his socialist government.
28 May 2013
Brussels expected to up pressure for economic reform Brussels expected to up pressure for economic reform The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
28 May 2013
Kazakhstan to pay $16 million to consultants for EXPO-2017 Kazakhstan to pay $16 million to consultants for EXPO-2017 These are the funds to pay the fees to consultants for registering Kazakhstan's profile: Minister of Economy.
27 May 2013
Kerry unveils $4 bn Palestinian investment plan Kerry unveils $4 bn Palestinian investment plan US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013

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