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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.

02 December 2014

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.

02 December 2014

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.

01 December 2014

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.

29 November 2014

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.

28 November 2014

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.

28 November 2014

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.

26 November 2014

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.

26 November 2014

Russia to lose some $40 bn a year due to sanctions: minister Russia is set to lose around $40 billion (32 billiUon euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said.

24 November 2014

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Judge approves $450 mn deal in Apple ebook suit A US judge signed off on Apple's $450 million legal deal to compensate consumers harmed by an illegal price-fixing conspiracy for electronic books.

22 November 2014

'Call of Duty' blasts past $10 bn in sales Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales.

21 November 2014

Twitter boss launches global cash register service Twitter's co-founder outlined plans to make cash registers a thing of the past.

21 November 2014

Brazil leader vows no interference in Petrobras probe Brazil's President vowed not to interfere with investigators probing a scandal at the state-owned oil company Petrobras involving political payoffs.

21 November 2014

Kazakh businessman buys into major cable TV operator Zhomart Yertayev, a Kazakh businessman and consultant of Bank RBK Directors Board is purchasing a 50 percent stake in Alma TV company.

20 November 2014

Samsung scraps unit merger on shareholder opposition South Korea's Samsung scrapped a merger between two major units, citing the spiralling cost of buying back stock from shareholders opposed to the deal.

19 November 2014

IMF, World Bank policies may share blame in Ebola crisis Christine Lagarde, the Managing Director of the International Monetary Fund, had just called for an increase in the country's budget deficit so that it could battle Ebola.

19 November 2014

More Russian banks to enter Kazakh market: Eurasian Economic Commission Minister of Economy and Financial Policy of the Eurasian Economic Commission (EEC) Timur Suleimenov spoke about the mutual Kazakh-Russian financial market and the possibility of increasing the number of Russian banks in Kazakhstan, as well as the prospects of Kazakh banks entering the Russian market.

17 November 2014

Money from National Fund to help out Kazakh economy Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.

17 November 2014

China to double Iran energy investment: official China will double its investment in Iran's energy projects, ahead of a deadline for a deal with world powers over Tehran's nuclear programme.

17 November 2014