IMF cuts global forecast, says risks rising IMF cuts global forecast, says risks rising The IMF slashed its global growth forecast and warned things could get much worse if the eurozone crisis is not quelled and Washington fails to reverse the looming "fiscal cliff" austerity plan.
10 October 2012
Production costs will drive oil and gas prices up Production costs will drive oil and gas prices up Head of the World Petroleum Council Renato Bertani believes that oil and gas prices will keep growing from year to year.
09 October 2012
World Bank slashes East Asia-Pacific growth forecast World Bank slashes East Asia-Pacific growth forecast The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, down from 8.3 percent in 2011, due to the fragile global economy.
09 October 2012
Kazakhstan companies got on U.S. Department of Commerce blacklist Kazakhstan companies got on U.S. Department of Commerce blacklist The list includes companies related to the assets arrested in suspicion of espionage of ex-Soviet citizens against the U.S..
08 October 2012
KazMunaiGas tripled dividends on common shares KazMunaiGas tripled dividends on common shares The total payment for 2011 makes 142 billion tenge ($946.8 million).
08 October 2012
Russia against oil supplies to China across Kazakhstan at current export duty rate Russia against oil supplies to China across Kazakhstan at current export duty rate According to Russia’s Izvestiya newspaper, further implementation of the current taxation scheme may lead to Russia missing out on tax revenues of up to $ 1 billion a year.
08 October 2012
Japan auto giants to halve Chinese output: report Japan auto giants to halve Chinese output: report Japan's top three carmakers will halve production in China following a sales slump there sparked by a backlash over a territorial row between Tokyo and Beijing.
08 October 2012
Kazakhstan airlines may be out of EU black list next year Kazakhstan airlines may be out of EU black list next year Kazakhstan Vice-Minister of Transport and Communications told about the plans to help Kazakhstan airlines out of EU black list.
08 October 2012
An-24 and Yak-40 planes will be banned in Kazakhstan starting from November An-24 and Yak-40 planes will be banned in Kazakhstan starting from November Chairman of Kazakhstan's Civil Aviation Commission gave statistics of passenger air traffic in Kazakhstan.
08 October 2012
Russia and Kazakhstan have to agree on banning Euro-2: Head of Russia's Anti-Monopoly Service Russia and Kazakhstan have to agree on banning Euro-2: Head of Russia's Anti-Monopoly Service The problem is that Kazakhstan plans to eliminate Euro-2 only by 2014, while Russia has a plan to do it in 2013: Igor Artemyev.
08 October 2012
Audit finds Philippines lost $2.46 bn to anomalies Audit finds Philippines lost $2.46 bn to anomalies The Philippines lost $2.46 billion through misuse of state funds and assets during the latter years of graft-tainted ex-president Gloria Arroyo's rule.
07 October 2012
Kazakhstan targets $15 thousand a year per capita Kazakhstan targets $15 thousand a year per capita Kazakhstan’s income per capita should reach $15 thousand in 2018: expert.
06 October 2012
Samsung tips record Q3 profit of $7.3 bn Samsung tips record Q3 profit of $7.3 bn South Korea's Samsung Electronics said Friday it expected a record operating profit of 8.1 trillion won ($7.3 billion) in the third quarter, boosted by sales of its flagship Galaxy smartphones.
06 October 2012
India's rupee at near 6-month-high on reform boost India's rupee at near 6-month-high on reform boost The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.
06 October 2012
French stats institute warns of period of no growth French stats institute warns of period of no growth The French economy appears to be settling into a period of no growth according to the INSEE national statistics institute, which halved late Thursday its 2012 growth forecast to 0.2 percent.
05 October 2012
Japan insurers stop China riot coverage: report Japan insurers stop China riot coverage: report Big Japanese insurers have stopped covering firms against riots in China, a report said Friday, a move seen likely to hit investment there as the countries remain stuck in a festering territorial row.
05 October 2012
Activists building ship in Gaza to defy Israel Activists building ship in Gaza to defy Israel A ship built in Gaza will sail next year carrying Palestinian exports to international customers, and to challenge Israel's blockade from the inside out.
05 October 2012
Economic minnow Laos set to join WTO club Economic minnow Laos set to join WTO club After years of preparation, communist Laos is on the verge of joining the World Trade Organisation, a milestone that the small landlocked nation owes to a slew of reforms it must now enforce.
05 October 2012
Assets of Kazakhstan Engineering reached 40 billion tenge Assets of Kazakhstan Engineering reached 40 billion tenge In 2012 the company’s assets almost doubled and reached 40 billion tenge, while its profit grew almost 4-fold and made 75 billion tenge ($500 million): chairman.
04 October 2012

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