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Central Bank Governor reports to President Nazarbayev At the meeting they dwelt on ways to expand lending through attracting fund from pension funds, insurance companies and foreign investors.

14 November 2012

This year’s grain harvest is twice lower than last year’s According to the Agriculture Ministry, the gross weight of grain after primary processing stands at 12.3 million tons.

13 November 2012

BBC showed 'basic' journalistic failings in abuse story The BBC showed "basic" journalistic failures in a news report in which it wrongly accused a senior politician of child abuse, an internal investigation has found.

13 November 2012

Islamic Bank allocated $25 million to Kazakhstan farmers The Fund for Financial Support to Agriculture has started a series of seminars on Islamic financing for personnel of branches and representative offices in 11 regions of Kazakhstan.

13 November 2012

Kazakhstan citizens drink most alcohol in Central Asia Kazakhstan is Number One in Central Asia by alcohol abuse.

12 November 2012

Calls for BBC overhaul after chief quits in abuse row The chairman of the BBC's governing board called Sunday for radical change in the world's largest broadcaster after it was plunged into crisis following the resignation of its chief executive in a sex abuse row.

12 November 2012

Greece eyes fresh bailout funds after budget passed The Greek parliament on Sunday approved a slashed 2013 budget which the government has vowed will secure the release of foreign aid vital to save the debt-ridden country from insolvency.

12 November 2012

IMF slashes Kazakhstan's 2012 GDP growth forecast again The International Monetary Fund lowered the growth forecast for Kazakhstan’s gross domestic product in 2012 from 5.5 to 5 percent.

12 November 2012

Falling aluminium prices hit Rusal earnings Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.

12 November 2012

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Apple still perched high, but seems vulnerable Apple, the world's biggest and perhaps most admired company, seems to have lost some of its luster.

11 November 2012

US not ready for Basel III bank rules: Treasury The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.

10 November 2012

EU budget talks collapse The first round in two weeks of tough talks on the European Union budget collapsed Friday after austerity-minded states refused to plug a 2012 budget shortfall in funds destined for Europe's needy.

10 November 2012

Obama warns taxes must rise on rich US President Barack Obama on Friday claimed a mandate to raise taxes on the rich to pay for deficit reductions, firing his first post-election shot in a year-end budget showdown with Republicans.

10 November 2012

Poland urges no veto on tricky 2014-2020 EU budget Poland on Friday urged net beneficiary EU members not to block talks on the contentious 2014-2020 budget proposed by Brussels which the 27-member bloc is expected to focus on at an upcoming summit.

10 November 2012

Japan must decide on trade pact before polls: minister A government minister on Friday said Japan had to decide on its participation in a huge Pacific-wide free trade deal before national polls, in what could be an early salvo in the election campaign.

09 November 2012

Chevron assets frozen in Argentina over Ecuador case An Argentine judge froze Chevron's local assets Wednesday at the request of a court in Ecuador where the US oil giant has been ordered to pay $19 billion in environmental damages.

09 November 2012

Kazakhstan’s Senate approves of the 2012-2014 draft budget The draft budget envisages decreasing revenues, reduced spending and widening deficit.

09 November 2012

Drought halves Kazakh grain harvest The grain harvest in Kazakhstan almost halved this year following a severe drought.

08 November 2012

Abramovich eyes Australian gas investment - report Chelsea football club owner Roman Abramovich jetted into Australia for talks with resource company Linc Energy, renowned for its underground coal gasification (UCG) technology.

08 November 2012