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Economy

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IMF suspends aid talks with Greece ahead of elections IMF suspends aid talks with Greece ahead of elections The International Monetary Fund said it was suspending talks on a new disbursement of financial aid to Greece until a new government is formed after elections.
30 December 2014
Russia's Gazprom buys partners' shares in South Stream project Russia's Gazprom buys partners' shares in South Stream project Russian gas giant Gazprom said it had taken complete control of the company behind the abandoned South Stream pipeline project, buying shares belonging to France's EDF.
30 December 2014
Hungary to resume gas supplies to Ukraine from January 1 Hungary to resume gas supplies to Ukraine from January 1 Hungary's gas pipeline network operator FGSZ said that it will resume gas supplies to neighbouring Ukraine.
30 December 2014
Widely-hailed AirAsia boss facing first major crisis Widely-hailed AirAsia boss facing first major crisis Tony Fernandes has been hailed for transforming AirAsia from a floundering carrier into the region's largest budget airline, but now faces his biggest challenge.
29 December 2014
KazMunaiGas subsidiary to produce 12 million tons of oil in 2015 KazMunaiGas subsidiary to produce 12 million tons of oil in 2015 The subsidiary of Kazmunaigas, KazMunayGas Exploration and Production plans to produce 12 million tons of oil in 2015.
29 December 2014
Kazakhstan considers de-dollarizing its economy Kazakhstan considers de-dollarizing its economy Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
29 December 2014
Ruble fall creates turbulence for Russian airlines Ruble fall creates turbulence for Russian airlines Their international competitors may be cheering tumbling oil prices, but the collapse in the ruble has meant major financial turbulence for Russian airlines.
28 December 2014
LG offices raided over suspected washing machine vandalism LG offices raided over suspected washing machine vandalism South Korean prosecutors raided the Seoul headquarters of LG Electronics following allegations that the firm's executives vandalised their rival Samsung's washing machines.
26 December 2014
Expats eyeing the exits after Russian ruble plunges Expats eyeing the exits after Russian ruble plunges The plunge of the ruble hasn't left only Russians shell shocked -- foreign workers from traders to maids are considering bailing outю
25 December 2014
TENGRI LIFE
TENGRI TRAVEL
Several Kazakh banks cease issuing mortgage loans in tenge Several Kazakh banks cease issuing mortgage loans in tenge Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.
24 December 2014
Russia pressures exporters to prop up ruble Russia pressures exporters to prop up ruble The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.
24 December 2014
OPEC won't cut output even at $20 a barrel: Saudi OPEC won't cut output even at $20 a barrel: Saudi OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.
23 December 2014
IMF policies criticised over Ebola outbreak IMF policies criticised over Ebola outbreak IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.
22 December 2014
Attack could cost Sony half a billion dollars: experts Attack could cost Sony half a billion dollars: experts The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs.
20 December 2014
Obama orders US trade ban on Crimea over Russia 'occupation' Obama orders US trade ban on Crimea over Russia 'occupation' US President Barack Obama imposed sweeping sanctions on Russia-annexed Crimea with an executive order prohibiting American exports of goods to the contested peninsula.
20 December 2014
Canada slaps new sanctions on Russia oil sector over Ukraine Canada slaps new sanctions on Russia oil sector over Ukraine Canada announced fresh sanctions on Russia over its support for rebels in Ukraine, targeting 20 Russian politicians and Ukrainian separatist leaders.
20 December 2014
Apple suppliers accused of poor treatment of workers Apple suppliers accused of poor treatment of workers Workers in Chinese factories making Apple products are poorly treated, with exhausted employees falling asleep on their 12-hour shiftsю
19 December 2014
There is a substantial margin of safety of the tenge: Finance Minister There is a substantial margin of safety of the tenge: Finance Minister According to him, the [20%] currency devaluation that took place back in February envisaged a certain safety factor for the future.
18 December 2014
KazAtomProm and China General Nuclear Power Corporation agree to jointly produce nuclear fuel KazAtomProm and China General Nuclear Power Corporation agree to jointly produce nuclear fuel Uranium production in Kazakhstan may reach 22 830 tons in 2014, Tengrinews.kz reported earlier, citing Sergei Poltoratsky, KazAtomProm National Nuclear Company Managing Director for Strategic Development.
18 December 2014
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