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Economy

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Modi woos global manufacturers with 'Make in India' campaign Modi woos global manufacturers with 'Make in India' campaign Prime Minister Narendra Modi will urge the bosses of some of the world's biggest manufacturers to set up shop in India.
25 September 2014
Starbucks to buy up Japan unit for $900 mn Starbucks to buy up Japan unit for $900 mn Starbucks is to take full ownership of its Japanese operations at a cost of more than $900 million.
24 September 2014
Suppliers scramble for alternatives as Russia bans Western food Suppliers scramble for alternatives as Russia bans Western food In a Moscow supermarket, the dairy section is piled with imported yoghurts -- unlike the empty shelves in many other shops in the Russian capital.
24 September 2014
Ukraine seeks to end 'panic' over sliding currency Ukraine seeks to end 'panic' over sliding currency Ukrainian leaders sought to reassure financial markets by pledging action to shore up the national currency.
24 September 2014
Fuel market risks in Kazakhstan Fuel market risks in Kazakhstan Kazakhstan has only three oil refineries, which are not only few but also outdated.
23 September 2014
Jimmy Choo shoemaker to launch on London stock market Jimmy Choo shoemaker to launch on London stock market Luxury shoe brand Jimmy Choo unveiled plans to launch on the London market next month to raise cash for expansion in Asia and elsewhere.
23 September 2014
Record iPhone weekend sales top 10 million: Apple Record iPhone weekend sales top 10 million: Apple Apple broke its sales record for an opening weekend of a new iPhone model, delivering 10 million in three days and boasting it could have sold more.
23 September 2014
Eurasian Development Bank issues bonds in Kazakhstan Eurasian Development Bank issues bonds in Kazakhstan Eurasian Development Bank (EDB) has issued tenge-denominated bonds worth nearly $110 million in Kazakhstan.
22 September 2014
G20 finance chiefs aim to 'change destiny of global economy' G20 finance chiefs aim to 'change destiny of global economy' Finance chiefs from G20 nations held talks confident they can "change the destiny of the global economy" despite rising world political tensions.
20 September 2014
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan to export lamb to Bahrain and later to China and Iran Kazakhstan to export lamb to Bahrain and later to China and Iran Kazakhstan's agriculture development holding KazAgro has started exporting meat to Bahrain.
19 September 2014
Warner Brothers plans to slash up to 1,000 jobs Warner Brothers plans to slash up to 1,000 jobs Warner Brothers, the fabled Hollywood studios, plans to eliminate as many as 1,000 jobs, which would be more than 10 percent of its work force.
18 September 2014
Central bank cleans the house in Kazakhstan’s banking sector Central bank cleans the house in Kazakhstan’s banking sector Kazakhstan National Bank has introduced a new ban prohibiting Kazakh banks from keeping over 30% of their funds abroad, but offered them tenge rate stability and cheap funding at the same time.
17 September 2014
Embattled French government scrapes through confidence vote Embattled French government scrapes through confidence vote France's crisis-hit government narrowly won a crunch parliamentary vote of confidence in its economic reform path.
17 September 2014
Fuel deficit in Kazakhstan is there to stay: Vice-Minister Fuel deficit in Kazakhstan is there to stay: Vice-Minister Kazakhstan's 1st Deputy Minister announced that the country could not fully meet its domestic demand.
16 September 2014
Diesel order 60% above official price cap placed by Kazakhstan government agency Diesel order 60% above official price cap placed by Kazakhstan government agency Tengrinews correspondent finds orders on government procurement website to buy diesel at price 60% higher than the price cap set by the Kazakhstani government.
16 September 2014
Kazakhstan to see crude production output decline in 2015 Kazakhstan to see crude production output decline in 2015 Last year we planned this year’s crude production output would make up 83 million tons. We plan the figure to make up 81.8 million tons, with exports standing at 54 million tons: Finance Minister Bakhyt Sultanov.
16 September 2014
Kazakhstan begins experimental cultivation of sweet potatoes for South Korea Kazakhstan begins experimental cultivation of sweet potatoes for South Korea Kazakhstan has started experimentally cultivating sweet potatoes for South Korea in three different regions.
15 September 2014
S&P about Kazakhstan's GDP growth downgrade and sovereign rating outlook S&P about Kazakhstan's GDP growth downgrade and sovereign rating outlook Senior Director at Standard & Poor's Sovereign Ratings division Christian Esters talks about Kazakhstan's rating outlook and downgrade of GDP growth forecast.
15 September 2014
Russian ruble hits historic low against dollar Russian ruble hits historic low against dollar The Russian ruble fell on Monday to a historic low against the dollar after the West imposed fresh sanctions over Ukraine.
15 September 2014
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