Euro under pressure as Moody's lowers Italy bond rating
The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody's on Friday downgraded Italy's government bond rating.
South Korea unexpectedly cuts key interest rate
South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
Kazakhstan air carriers promise ticket prices rise
The rise is related to cancellation of the 50-percent discount on air navigation services in Kazakhstan.
Kazakhstan's H1 2012 GDP growth estimated at 5.6%
Kazakhstan national GDP is expected to grow by 7% in 2012, Kazakhstan’s President Nursultan Nazarbayev had stated when speaking at the V Astana Economic Forum May 23.
Kazakhstan among largest World Bank’s borrowers in 2011 fiscal year
The World Bank provided emerging markets of Europe and Central Asia loans worth $10.47 billion in the fiscal year ending June 30.
Cellular rates halved in 3 years in Kazakhstan
Cellular rates in Kazakhstan have been halved during 2009-2012 thanks to axing of the connection fee and reduction of the interconnect rate.
Merkel pushes EU, Southeast Asia free trade pact
German Chancellor Angela Merkel on Wednesday said Europe must step up its efforts to establish a free trade pact with booming Southeast Asia.
Kazakhstan Temir Zholy to increase local content to $2 billion
Kazakhstan Temir Zholy is currently a flagship in terms of local content. They show amazing results: Vice-Minister of Kazakhstan.
Astana "eats off" other Kazakhstan citizens
Kazakhstan's budget expenses per one Astana citizen are 2-3 times higher than for any other Kazakhstan citizens.