National Champions to increase Kazakhstan's exports and GDP
National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.
President Nazarbayev: the tenge is not facing something extraordinary
According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.
Japan dips into recession in stumble for 'Abenomics'
Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.
Russian jet crash puts Sharm resort staff on 'unpaid leave'
The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.
Kazakh tenge real exchange rate down by 24.7% in 2015
National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.
Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle
According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.
Facebook tests vanishing messages
Facebook users in France were able to send vanishing missives with its smartphone Messenger application, ramping up the challenge to Snapchat.
Kazakhstan's Kaspi Bank acquires status of bank holding company
One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.
UniCredit, feeling squeeze from low rates, cuts 18,200 jobs
Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.
EU gives Volkswagen 10 days to clarify CO2 irregularities
EU regulators have given Volkswagen 10 days to clarify its own admission that nearly a million of the company's cars emit more CO2 pollution than originally claimed.
France wants Renault-Nissan 'operational integration', no merger: minister
France wants an "operational integration" between Renault and Nissan, Economy Minister Emmanuel Macron said, but reaffirmed that a merger is "not on the agenda".
Peugeot Citroёn launches full-cycle automobile production in Kazakhstan
Kazakh National Holding Baiterek has signed an agreement with Peugeot Citroën to set up full-cycle assembly of cars in Kostanay, Kazakhstan.
Tag Heuer unveils high-end rival to Apple Watch
TAG Heuer, the Swiss watchmaker that is part of the French luxury goods groupLVMH, showed off its first Internet-connected wristwatch designed withGoogle and Intel.
Belgian court gives Facebook 48 hours to stop tracking Internet users
A Belgian court gave Facebook 48 hours to stop tracking Internet users who do not have accounts with the US social media giant, or risk fines of up to 250,000 euros ($269,000) a day.
Fitch slashes VW ratings over poor management of pollution fraud
Fitch ratings agency on Monday cut Volkswagen's credit rating by two notches, saying that a widening pollution cheating scandal has exposed weak corporate governance at the German auto giant.
French PM says opposed to Renault, Nissan merger
French Prime Minister Manuel Valls said he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.
IMF chief urges Gulf to adapt to sustained oil price drop
International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.
Facebook soars to new heights on upbeat earnings
Facebook shares rocketed to an all-time high as investors welcomed solid earnings for the social networking giant, which has seen big gains in advertising and better connections in mobile and video.
Second Baltic pipeline will cost Ukraine $2bn a year: PM
Ukrainian Prime Minister Arseniy Yatsenyuk blasted a planned second gas pipeline under the Baltic Sea, claiming it would cost his country $2 billion (1.8 billion euros) a year in lost revenue.
Kazakhstan’s Central Bank on ongoing depreciation of the tenge
To keep the gold and FX reserves intact, the Central Bank decided to minimize its participation in the country’s FX market starting from November 5, 2015.