Astana ranked 2nd in CIS by salaries level
Astana is among the top three CIS capitals by an average monthly salary.
S&P cuts Greek outlook to 'negative'
Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.
Central Bank Governor on the tenge and growing demand for the US Dollar
Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.
Kazakhstan Central Bank Governor on slashing the key rate
Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.
Samsung exec 'very offended' by Apple rip-off claim
A top Samsung executive testified Monday that he found "very offensive" the suggestion that the South Korean gadget giant ripped-off Apple's market-leading mobile iPhone and iPad devices.
Turkish economic miracle woos German businesses
As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.
Kazakhstan National Bank slashes key rate
The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
Qantas pilot tests positive for alcohol
A Qantas Airways pilot failed an alcohol test after being removed from the controls of a passenger flight just minutes before take-off over concerns she had been drinking.
Heineken to buy maker of Tiger beer for $4.1 billion
Dutch brewer Heineken said Friday it has reached a deal to buy the Asian brewing group that makes Tiger beer for $4.1 billion, as it seeks to bolster its presence in the fast-growing region.