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.
13 July 2012
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.
13 July 2012
Kazakhstan air carriers promise ticket prices rise The rise is related to cancellation of the 50-percent discount on air navigation services in Kazakhstan.
12 July 2012
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.
12 July 2012
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.
12 July 2012
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.
12 July 2012
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.
12 July 2012
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.
11 July 2012
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.
11 July 2012
Landless Cambodians see nothing sweet in EU sugar deal An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry.
11 July 2012
Share of gold in National Bank’s reserves exceeded 16% According to the National Bank, the pre-emptive right to purchase all gold produced within Kazakhstan enabled to purchase 5.3 tons of gold, with another 11.8 tons purchased in the H1 2012.
11 July 2012
Kazakhstan and Belarus to agree on crude and petroleum products exports According to Belarus Ambassador to Kazakhstan, “the document is rather complicated: it has to be approved by the Russian side as oil will be shipped across Russia”.
11 July 2012
KazTransGas assigned the role of the sole national operator of gas supplies Among other things, the Company will be in charge of developing the master plan of gas supplies network, exercising the pre-pre-emptive right to purchase all crude and tank gas and managing gas supplies facilities.
11 July 2012
Apple loses British suit over Samsung Galaxy Tab South Korea's Samsung won a patent battle Monday against US rival Apple, with a British judge ruling that Samsung's Galaxy tablet was not "cool" enough to be confused with Apple's iPad.
11 July 2012
President Nazarbayev calls for stronger social security network for families Among possible measures there are kindergarden expenses compensation schemes and tax benefits.
10 July 2012
Eurozone offers Spains 30 bn euros for banks Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.
10 July 2012
Brent below $100 as Norway strike ends Brent crude fell below $100 in Asia Tuesday, hours after a Norwegian crude supply disruption due to an oil workers' strike was ended by the government.
10 July 2012
Over 300 foreigners deported from Atyrau oblast in Kazakhstan 340 foreign citizens have been deported from Atyrau oblast in western Kazakhstan for violation of the migration legislation since the beginning of the year.
09 July 2012
Yahoo!, Facebook unveil alliance, end patent dispute Facebook and Yahoo! announced Friday a new advertising partnership as the two tech giants settled a court dispute over patents.
07 July 2012
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