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Cathay asks crew to volunteer for early retirement Hong Kong flag carrier Cathay Pacific on Tuesday asked its cabin crew to volunteer for early retirement as part of its cost-cutting measures to boost profitability amid a global slowdown.

22 January 2013

KazMunaiGas EP mulls moving from Astana to Aktau The decision to move the company’s headquarters may be made by the board of KazMunaiGas National Company in the nearest time.

22 January 2013

2013 GDP growth in Kazakhstan expected at 6%: EBRD The country’s GDP growth is expected to pick up again in 2013 as a new phase of Kashagan field comes on stream.

22 January 2013

No decision on buying ConocoPhillips’ stake in Kashagan yet Oil and Gas Minister emphasized that the decision is to be taken by a special inter-agency committee that is carefully studying the issue at the moment.

22 January 2013

BoJ starts first meeting under new Japan government The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.

22 January 2013

Kazakhstan not signing gas supply contract with Kyrgyzstan because of debts Kazakhstan is not signing gas supply contract with Kyrgyzstan because of its gas debts to Kazakhstan.

21 January 2013

Boeing suspends 787 deliveries The American aerospace giant Boeing halted deliveries of its 787 Dreamliner on Friday but said it would continue to build the aircraft while safety experts examine its battery and electrical systems.

21 January 2013

Former flagman of Kazakhstan's fish industry went bankrupt Specialized interregional economic court of Atyrau oblast declared Kazakhstan's AtyrauBalyk bankrupt.

21 January 2013

HSBC to pay $249 mn fine for US mortgage abuse British bank HSBC has agreed to pay $249 million in compensation to home-loan borrowers hurt in the massive US mortgage and foreclosure scandal.

19 January 2013

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US House Republicans back 3-month debt limit rise Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.

19 January 2013

US confronts new north Africa crisis The United States was rocked Thursday by a new crisis spurred by Islamic militants amid a deadly hostage-taking in Algeria, prompting warnings to US interests in north Africa to boost security.

19 January 2013

Sony selling Madison Avenue HQ building for $1.1 bn Sony said Friday it was selling its US headquarters in Manhattan for $1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.

19 January 2013

IMF releases aid to Greece after long delay After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.

18 January 2013

Administration of Zhambyl oblast allocated over $1.1 million for restoration of disaster-hit regions The money allocated from the oblast budget will be spend of restoration works in Talas and Saryssu regions.

18 January 2013

Boeing crisis deepens as US, Japan ground Dreamliner Boeing suffered another huge blow on Wednesday as US and Japanese regulators grounded its 787 Dreamliner until a fire risk linked to the plane's lithium batteries can been resolved.

17 January 2013

Regulator grounds Air India Dreamliners India's aviation regulator said Thursday it had instructed Air India to ground its fleet of Boeing Dreamliners following similar orders from authorities in the United States and Japan.

17 January 2013

World Bank sees emerging nations leading growth Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along.

17 January 2013

World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.

17 January 2013

Kairat Kelimbetov assured of transparency in EXPO-2017 spendings EXPO-2017 is a very good opportunity to motivate and be motivated for big changes in different areas: Kairat Kelimbetov.

16 January 2013