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Economy

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China nears US in money to Africa: study China nears US in money to Africa: study China committed more than $75 billion to Africa in the past decade, coming close to the level of US money although the nature of Beijing's support was far different.
30 April 2013
China’s companies haven’t turned to Kazakhstan with offers to buy into Abay and Nursultan oil blocks China’s companies haven’t turned to Kazakhstan with offers to buy into Abay and Nursultan oil blocks KazTAG earlier reported, Chinese state and private companies are nearing the finish line in procurement of stakes in Kashagan project, Nursultan and Abai blocks, according to an informed source in Beijing.
29 April 2013
Gas prices to rise after Beineu-Bozoi pipeline launch Gas prices to rise after Beineu-Bozoi pipeline launch I would like to warn that there will be no low prices; gas doesn't come for free: Kazakhstan Minister.
29 April 2013
No 3rd stage at Karachaganak giant oil and gas field No 3rd stage at Karachaganak giant oil and gas field The measure enables to extract another 100 million tons of crude for the whole period of the project (…) it is quite a sizeable figure: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.
29 April 2013
Plans are there to produce 1.5-3 million tons of oil at Kashagan this year Plans are there to produce 1.5-3 million tons of oil at Kashagan this year Earlier Tengrinews.kz reported, citing the country’s Minister of Economic Affairs and Budget Planning Erbolat Dossayev, that the start of commercial production at Kashagan might be further delayed.
29 April 2013
Kazakhstan isn’t interested in boosting its share in Kashagan oilfield Kazakhstan isn’t interested in boosting its share in Kashagan oilfield We are content with the 16.8% we have in the project: KazMunaiGas National Oil Company’s Chairman of the Board Lyazzat Kiinov.
29 April 2013
BHP sells US copper assets for $650 million BHP sells US copper assets for $650 million Global mining titan BHP Billiton on Monday announced the sale of its Pinto Valley mining operation and rail assets in the United States to Capstone Mining Corp for US$650 million.
29 April 2013
Portugal to take two banks to court over swap deals Portugal to take two banks to court over swap deals Portugal said Friday it will take banking giants JP Morgan and Santander to court to make them renegotiate deals that have left state-run companies paying hefty interest rates.
28 April 2013
Japan's ANA to test modified Dreamliner Japan's ANA to test modified Dreamliner Japan's ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.
27 April 2013
TENGRI LIFE
TENGRI TRAVEL
Zuckerberg paid more than $2 bln at Facebook in 2012 Zuckerberg paid more than $2 bln at Facebook in 2012 Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world's leading social network.
27 April 2013
Japan's Nakao elected new ADB president Japan's Nakao elected new ADB president Takehiko Nakao, a former Japan vice minister for finance, has been elected president of Asian Development Bank.
26 April 2013
UK launches investigation over ENRC UK launches investigation over ENRC Great Britain's Serious Fraud Office started an official investigation over Eurasian Natural Resources Corporation.
26 April 2013
Instant noodle sales top 100 billion units a year Instant noodle sales top 100 billion units a year Global sales of instant noodles have topped 100 billion units annually, an industry group said Friday -- more than one monthly serving of the portable meal for every person on the planet.
26 April 2013
Bidding hot for chance at coffee with Apple chief Bidding hot for chance at coffee with Apple chief A coffee date with Apple chief Tim Cook was a hot opportunity on Wednesday as bidding hit $160,000 for the chance being auctioned to raise money for a human rights group.
26 April 2013
Indonesia investigators in US to quiz Wold Bank director Indonesia investigators in US to quiz Wold Bank director Indonesian investigators have arrived in Washington to quiz a World Bank managing director as a witness over a bank bailout that led her to quit as finance minister.
26 April 2013
Patokh Chodiev's nephew buys TAIB Kazak Bank Patokh Chodiev's nephew buys TAIB Kazak Bank Orifjon Shadiev (Chodiev) purchased 100 percent of TAIB Kazak Bank becoming its new owner.
25 April 2013
Kazakhstan Temir Zholy to produce 100 locomotives annually Kazakhstan Temir Zholy to produce 100 locomotives annually Kazakhstan Temir Zholy plans to produce 100 locomotives per year by 2014.
25 April 2013
S. Korea economy grows at fastest pace for two years S. Korea economy grows at fastest pace for two years South Korea's economy grew at its fastest pace in two years in the first quarter of this year as exports bounced back despite competition from a weak yen.
25 April 2013
Kazakhstan’s President Nazarbayev urging Kazakhstanis not to invest into tax havens Kazakhstan’s President Nazarbayev urging Kazakhstanis not to invest into tax havens Grass is always greener on the other side of the fence. If you have managed to earn, invest the money inside Kazakhstan: Nazarbayev.
24 April 2013
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