Euro slips after buying on Greek rescue fizzles The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
29 November 2012
KazakhTelecom increases profits 5.4-fold Net profit of KazakhTelecom made 216 billion tenge in January-September 2012, which is 5.4 times more than in the same period of 2011.
28 November 2012
Cyber Monday sales sizzling: survey Online retail sales were jumping for "Cyber Monday," the key Web shopping day following the US Thanksgiving holiday weekend.
27 November 2012
Arman Kairdenov appointed Director General of Atyrau oil refinery Arman Kairdenov replaced Talgat Baitaziyev who resigned earlier.
27 November 2012
ConocoPhillips hasn’t notified the Kazakhstan’s Government on its intention to sell 8.4% in the giant Kashagan oilfield A day before ConocoPhillips announced its intentions in a press-release, according to which the deal is expected to be finalized in the H1 2013.
27 November 2012
EU ministers agree significant debt relief deal for Greece Greece won breathing space Tuesday with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the line.
27 November 2012
ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
26 November 2012
Fitch upgraded ratings of Kazakhstan national companies Fitch Ratings has upgraded ratings of Kazakhstan national companies Temir Zholy (railroad operator) and KEGOC (electricity grid operator).
26 November 2012
New eurozone talks to save Greece from financial collapse Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
26 November 2012
US breaks $1bn for first time in online Black Friday shopping US shoppers spent heavily online on the crucial Black Friday shopping day, for the first time topping a billion dollars in online sales in a single day.
26 November 2012
British press hails Cameron's EU budget stance Prime Minister David Cameron secured a decent result for Britain at the European Union budget summit, Britain's newspapers said Saturday, while warning that his good fortune may not last.
25 November 2012
ArcelorMittal warns France over pressure on Florange Steel giant ArcelorMittal warned the French government Friday that efforts to force it to sell all of its Florange plant, rather than just the parts it wants to close, threaten the company's presence in France.
25 November 2012
Japan's secret economic weapon: women In next month's general election, politicians -- nearly all of them men -- will make promises on what they will do to fix Japan's economic morass.
24 November 2012
S. Korea vows 'aggressive' defence against Lone Star claim South Korea said it would "aggressively" defend itself Thursday after a US private equity firm initiated arbitration of a damages claim arising from the sale of its stake in a Korean bank.
24 November 2012
It is not quite reasonable to place excessive bets on grain exports: Kazakhstan’s Vice PM Krymbek Kusherbayev Earlier Tengrinews.kz reported that this year’s grain harvest is twice lower than that of 2011.
23 November 2012
Oil prices ease in Asia on Gaza truce, eurozone data Oil prices fell in Asia Friday in thin trade following the US Thanksgiving holiday, with a truce in Gaza and gloomy eurozone manufacturing data weighing on buying sentiment.
23 November 2012
EU leaders suspend budget talks until noon Friday European Union leaders on Friday called an overnight suspension of talks aimed at reaching a deal on a hotly contested long-term budget.
23 November 2012
Australia welcomes move to count Aussie as reserve currency Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
22 November 2012
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