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  1. Main
  2. Economy

Economy

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
Microsoft axes 2,100 as job cuts continue Microsoft axes 2,100 as job cuts continue Microsoft said that it axed 2,100 jobs in a second round of cuts which were announced earlier this year.
19 September 2014
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
TENGRI LIFE
TENGRI TRAVEL
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
Yen falls further, pound higher as Scotland vote looms Yen falls further, pound higher as Scotland vote looms The yen fell again against the dollar and euro while the pound edged higher amid polls in Scotland showing a small majority against breaking from the UK.
13 September 2014
Hewlett-Packard buys cloud-computing firm Eucalyptus Hewlett-Packard buys cloud-computing firm Eucalyptus Hewlett-Packard on Thursday announced a deal to buy business cloud-computing specialty firm Eucalyptus.
12 September 2014
Cyprus fears next tranche of bailout funds at risk Cyprus fears next tranche of bailout funds at risk Cyprus is unlikely to receive the next tranche of rescue funds from international lenders after apparently falling foul of them over new legislation.
12 September 2014
Tensions spiral over Russian gas amid Ukraine crisis Tensions spiral over Russian gas amid Ukraine crisis Poland accused Russia's Gazprom of slashing gas deliveries by half, which analysts said was likely aimed at sending a message to the EU.
12 September 2014
No need for urgent OPEC meet on lower oil price: Kuwait No need for urgent OPEC meet on lower oil price: Kuwait OPEC member Kuwait said there was no need to call an emergency meeting for the producers' cartel to discuss sliding oil prices after crude hit a 17-month low.
11 September 2014
Baltics most vulnerable to Russia food sanctions: EBRD Baltics most vulnerable to Russia food sanctions: EBRD Lithuania and fellow Baltic states Estonia and Latvia are the countries most vulnerable to a Russian block on EU food exports.
11 September 2014
Kazakhstan-based banks obliged to keep equity capital inside the country Kazakhstan-based banks obliged to keep equity capital inside the country According to the Central Bank Governor, up to now they have been able to keep the money on their correspondent accounts abroad.
11 September 2014
Kazakhstan people keep $18 billion at home: Central Bank Governor Kazakhstan people keep $18 billion at home: Central Bank Governor Accoding to him, massive misleading sms campaigns informing people of alleged bankruptcy of some of Kazakhstan-based banks in the wake of the 20% currency devaluation back in February and waves of rumors about possible devaluation recently have been encouraging people to keep their money at home.
10 September 2014
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