Kazakhstan to meet domestic demand for cement shortly
According to Vice Minister for Investments and Development, Kazakhstan has a vast cement production potential, however in the current year the country has imported over 1 million tons of cement.
Kazakhstan National Bank’s gold and FX reserves figure announced
Gold and FX reserves of the National Bank have grown by 15.8% since the start of the year.
Microsoft buys email mobile app Accompli
Microsoft said it was buying the mobile email management application Accompli, in a deal reported to be worth more than $200 million.
Samsung 's mobile chief keeps his job
Samsung said the head of its faltering mobile business would keep his job despite an alarming decline in profits.
Venezuela to slash budget after OPEC steadies output
Venezuelan President ordered his government to slash the budget of his oil-dependent and economically-weak nation.
Overhaul of Shymkent-based oil refinery postponed to spring 2015
Not to slow down the production rates at the start of next year and to keep all the indicators in line with plans, the overhaul has been postponed from this year’s autumn to the spring of 2015: South Kazakhstan oblast governor.
Kazakhstan suspends power supplies to Russia over rouble depreciation
Kazakhstan is looking for alternative markets for its coal as Russia is seeking to replace Kazakhstan’s coal with coal mined at Russia’s Kuzbass.
HSBC unit fined $12.5 mn for unregistered US services
A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services.
Kazakhstan’s PM on efforts to overcome excessive dollarization
Earlier Tengrinews.kz reported that hat the Central Bank in partnership with the Government intended to come up with a plan to reduce dollarization of the Kazakhstan’s economy.