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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

Kazakhstan to launch direct flight to Mumbai and Goa Kazakhstan and Indian airlines reached the agreement during bilateral negotiations in Delhi.

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

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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

IMF urges Ukraine to hike gas prices for consumers The International Monetary Fund again urged Ukraine Friday to raise gas prices for consumers, a sticking point in the resumption of an IMF bailout.

07 July 2012

Toshiba fined in US antitrust case Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.

07 July 2012

New Greek government pins hopes on privatisations Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.

06 July 2012

Taiwan's HTC pleased with UK court victory over Apple Taiwan's leading smartphone maker HTC Thursday hailed as a victory a British court ruling that it did not infringe on a patent owned by the US technology giant Apple.

06 July 2012