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 16:58
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 14:43
Kazakhstan to produce 300 000 cars a year Kazakhstan to produce 300 000 cars a year In 2012 a total of 100 000 new cars were sold in Kazakhstan, with 20 000 of them being domestically produced.
16 April 2013 13:49
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 12:17
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 11:41
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 11:39
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 10:56
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 19:48
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 18:45
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 12:51
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 12:06
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 10:36
Oil down as China's GDP comes in below expectations Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.
15 April 2013 10:25
Barroso assures US of Europe's 'strong' economy Barroso assures US of Europe's 'strong' economy The president of the European Commission, Jose Manuel Barroso, called on the United States Friday to not underestimate Europe's economic strength.
14 April 2013 11:25
EU finance ministers tackle tax-fraud EU finance ministers tackle tax-fraud European Union finance ministers tackle tax fraud and money-laundering as they wrap up two days of talks on Saturday.
13 April 2013 12:37
Kazakhstan’s President prohibits use of the National Oil Fund’s assets to finance banks Kazakhstan’s President prohibits use of the National Oil Fund’s assets to finance banks Second-tier banks have a lot of other opportunities and tools to raise money and other reserves to turn to: Nursultan Nazarbayev.
12 April 2013 19:09
Benckiser group to buy Dutch Masterblenders for 7.5bn euros Benckiser group to buy Dutch Masterblenders for 7.5bn euros Dutch tea and coffee producer D.E. Masterblenders said Friday that it has reached a conditional agreement with a German investor group led by Johann A. Benckiser on a 7.5-billion-euro ($9.8-bn) takeover deal.
12 April 2013 18:56
Euro ministers in bid to finalise Cyprus bailout Euro ministers in bid to finalise Cyprus bailout Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.
12 April 2013 14:22
Kazakstan to retain global leadership in flour export Kazakstan to retain global leadership in flour export According to the Agriculture Ministry’s forecast, Kazakhstan will export 2-2.5 million tons of flour this year.
12 April 2013 13:58

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