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  1. Main
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Economy

news Market industry China auto Asia Pacific United States economy IMF
World car firms see China market as saviour World car firms see China market as saviour Global auto makers will flock to China's premier car show, affirming its importance as the world's largest vehicle market and the saviour of an industry pummelled by European and US economic woes.
19 April 2013
UN tips faster Asian growth, urges poverty action UN tips faster Asian growth, urges poverty action Asia-Pacific growth will edge up this year on the back of a recovery in the US and emerging nations.
18 April 2013
KazAgroFinance improves leasing of agricultural equipment KazAgroFinance improves leasing of agricultural equipment Kazakhstan's KazAgroFinance has lowered interest rate on agricultural vehicles leasing from 12.8 to 5.8 percent.
18 April 2013
Kyrgyzstan searching for funds to protect itself from Kazakhstan company's $400 million claim Kyrgyzstan searching for funds to protect itself from Kazakhstan company's $400 million claim Kazakhstan company Visor Holding filed a $400 million claim against Kyrgyzstan government to the World Bank’s International Center for Settlement of Investment Disputes.
17 April 2013
Gold claws back losses after biggest fall in 30 years Gold claws back losses after biggest fall in 30 years Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.
17 April 2013
Sprint counteroffer to make no difference: SoftBank Sprint counteroffer to make no difference: SoftBank Japan's SoftBank said Tuesday it still expects its bid to acquire Sprint Nextel will succeed on schedule in July, despite a higher counter-offer from a US firm.
17 April 2013
Financial police holds international seminar on countering corruption Financial police holds international seminar on countering corruption The international seminar called Experience exchange in development and effective implementation of measures/strategies for prevention of corruption is held in Astana on April 16-18, 2013.
16 April 2013
S. Korea proposes $17.3 bn extra budget for 2013 S. Korea proposes $17.3 bn extra budget for 2013 South Korea proposed Tuesday a 17.3 trillion won ($15.4 billion) supplementary budget to help boost the economy, including further spending on defence at a time of heightened tensions with the North.
16 April 2013
Kazakhstan millionaire Kenes Rakishev among Top 10 world's private investors of 2012 Kazakhstan millionaire Kenes Rakishev among Top 10 world's private investors of 2012 Kazakhstan’s Kenes Rakishev who invested millions of dollars in foreign projects joined the club of the Top-10 private investors of 2012.
16 April 2013
TENGRI LIFE
TENGRI TRAVEL
Oil tumbles for second day on slower Chinese growth Oil tumbles for second day on slower Chinese growth Oil prices tumbled further in Asia on Tuesday, dragged by prospects of weaker crude demand from China after data showed the world's second largest economy was not growing as fast as expected.
16 April 2013
China interested in purchasing ConocoPhillips’s stake in the giant Kashagan oilfield China interested in purchasing ConocoPhillips’s stake in the giant Kashagan oilfield According to Kazakhstan’s Oil and Gas Minister, acquiring a stake in Kashagan might be a way to boost the volume of crude to be shipped to China.
16 April 2013
Kazakhstan economy growth to exceed Russia 2.5-fold in 2013 Kazakhstan economy growth to exceed Russia 2.5-fold in 2013 Kazakhstan will achieve the target value of the economy growth set at 6 percent by the end of the year: official.
16 April 2013
KazMunaiGas considering a Eurobond issue KazMunaiGas considering a Eurobond issue The Company has turned to Bank of America Merrill Lynch, Barclays, Halyk Finance and VISOR Capital to arrange meetings with prospective investors to be held starting from April 16.
16 April 2013
Billionaire Bulat Utemuratov mulls buying Temir and Alliance Banks: media Billionaire Bulat Utemuratov mulls buying Temir and Alliance Banks: media The cost of Alliance Bank and Temirbank may range from $500 million to $1 billion.
15 April 2013
Strong growth in Asia but overheating a risk: World Bank Strong growth in Asia but overheating a risk: World Bank East Asian and Pacific economies will grow 7.8 percent this year on robust domestic demand.
15 April 2013
Q 1 oil production output stands at 17.3 million tons Q 1 oil production output stands at 17.3 million tons Kazakhstan plans to produce 82 million tons of crude and condensed gas in 2013, with the figure brought up to 83 million in 2014 and 90 million in 2015.
15 April 2013
Kazakhstan planning to boost uranium extraction Kazakhstan planning to boost uranium extraction The uranium production output in Kazakhstan made up 20 900 tons in 2012. In 2011 the country’s share in global uranium supplies stood at 35%.
15 April 2013
Water deficit may triple in Kazakhstan by 2050 Water deficit may triple in Kazakhstan by 2050 If we don’t act, water supplies will be three times lower than the demand in Kazakhstan by 2050: Kazakhstan Environment Minister Kapparov.
15 April 2013
CCO Jim Cochrane resigns from ENRC CCO Jim Cochrane resigns from ENRC Chief Commercial Officer of Eurasia Natural Resources Corporation PLC (ENRC) Jim Cochrane has resigned.
15 April 2013
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