Economy - страница 112

news interest rate finance bank Australia Asia Pacific Kazakhstan Kazakh Kashagan Prime-Minister

Australia cuts interest rate to record low 2.75 pct Australia's central bank cut interest rates to a record low of 2.75 percent Tuesday, citing weak domestic inflation coupled with a persistently high dollar as investment in the key mining sector hits its peak.

07 May 2013

Structural changes possible at Kashagan: an informed source According to the source, the country’s Minister of Oil and Gas Sauat Mynbayev reportedly asked the governor of Atyrau oblast to persuade the operator to start production early July.

06 May 2013

Current pension funds have been slashing people’s savings by 26%: PM Given all that, the decision to launch a single pension fund [to replace all the current ones] was very reasonable on the part of the Government.

06 May 2013

First commercial oil at Kashagan to be produced by July 6 The country’s Oil and Gas Ministry has been pressing the project’s operator to have the first oil secured by the capital city’s birthday.

06 May 2013

US billionaire Warren Buffett optimistic on stocks Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction.

06 May 2013

Australia halts cattle exports to Egypt Australian cattle exporters said they had suspended live shipments to Egypt Saturday after abattoir footage shot by animal rights activists showed "horrific" mistreatment of cows.

04 May 2013

Indonesia recruits civil servants to plug pilot shortage Indonesia has started to train civil servants to become flight instructors to meet demand for pilots in its fast-growing aviation industry.

04 May 2013

Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.

04 May 2013

Penfolds pops cork on 'perfect' 2008 Grange Nestled in Australia's Adelaide hills, Penfolds Magill Estate has opened its double cellar doors to launch global sales of one of the most hyped "new world" wines in recent history.

04 May 2013

TENGRI LIFE

TENGRI TRAVEL

KazakhTelecom buys Digital TV Kazakhstan national telecommunications company KazakhTelecom has purchased 100-percent of Digital TV.

03 May 2013

Oil takes breather in Asia after strong rally Oil prices took a breather in Asian trade Friday as investors locked in profits after a strong rally following the European Central Bank's decision to cut interest rates.

03 May 2013

China controls almost 40 percent of Kazakhstan's hydrocarbons: media China already controls almost 40 percent of Kazakhstan’s hydrocarbon assets: Indian media.

02 May 2013

Japan, France firms win Turkey nuclear contract: report Japan's Mitsubishi Heavy Industries and France's Areva have won a multi-billion dollar contract to build a nuclear power plant on the Black Sea.

02 May 2013

Facebook profit rise fueled by mobile ad growth Facebook's profit in the first quarter of this year climbed as it used its grip on people's online social lives to challenge Google and Apple for revenue from mobile ads and apps.

02 May 2013

S. Korea vows aid for firms hit by Kaesong exit South Korea on Thursday pledged about $270 million in financial aid for firms hit by the withdrawal from a joint industrial zone in North Korea that has fallen victim to military tensions.

02 May 2013

Temirbank ready to merge with Alliance Bank Temirbank is ready to merge with Alliance Bank and is waiting for the shareholders’ decision.

01 May 2013

German unemployment up slightly in April Unemployment in Germany rose in April as companies become more cautious about hiring in face of the slowing economy, but the labour market nevertheless remains robust.

01 May 2013

Best Buy withdraws from Europe US electronic goods retail giant Best Buy confirmed Tuesday it was withdrawing from Europe, selling its stake in its joint venture launched with Carphone Warehouse Group.

30 April 2013

Eurasian Development Bank to finance the first wind power plant in Kazakhstan The Bank will grant a loan of $94 million for a 10-year period to construct the wind power plant.

30 April 2013