Argentine president says country will avoid debt default Argentine president says country will avoid debt default President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.
17 June 2014
Shell reduces holding in Woodside Shell reduces holding in Woodside Royal Dutch Shell on Tuesday announced it was reducing its stake in Australia's Woodside Petroleum, selling Aus$5.3 billion (US$5.0 billion) in shares as it focuses its Australian growth in directly-owned assets.
17 June 2014
Sberbank of Russia to finance $3.6 billion worth of transportation projects in Kazakhstan Sberbank of Russia to finance $3.6 billion worth of transportation projects in Kazakhstan Sberbank of Russia will provide $3.6 billion to finance projects of Kazakhstan's national railway company Kazakhstan Temir Zholy (KTZ).
16 June 2014
S&P lowers Kazakhstan's credit-rating outlook to Negative S&P lowers Kazakhstan's credit-rating outlook to Negative Standard & Poor’s has changed Kazakhstan’s credit-rating outlook from Stable to to Negative.
16 June 2014
Kazakhstani pension savings amount to $21 billion Kazakhstani pension savings amount to $21 billion Kazakhstanis had over $21 billion in pension savings as of June 1, 2014.
16 June 2014
Kazakhstan to subsidize 50% of renewable power generators installation Kazakhstan to subsidize 50% of renewable power generators installation The Government of Kazakhstan will subsidize 50% of expenses to stimulate remote households to install renewable energy sources-based generators.
16 June 2014
Kazakhstan to add on 12 million tons in complex ore deposits by 2019 Kazakhstan to add on 12 million tons in complex ore deposits by 2019 It is expected that state-run geological exploration project will yield 12 million tons of complex ore in Kazakhstan in five years.
15 June 2014
China Eastern to buy 80 Boeing 737s China Eastern to buy 80 Boeing 737s US aerospace giant Boeing said Friday that China Eastern Airlines has agreed to buy 80 737 aircraft, its biggest single-aisle purchase to date by a Chinese airline.
14 June 2014
Morocco raises 1bn euro bond on international market Morocco raises 1bn euro bond on international market Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 percent, Finance Minister Mohamed Boussaid said.
14 June 2014
Keep calm and drink tea, Kazakhstan spends millions to import it Keep calm and drink tea, Kazakhstan spends millions to import it Kazakhstan is steadily increasing its import of tea, which reached 32,000 tons worth $147 million in 2013 alone.
13 June 2014
Kazakhstan’s President inviting foreign investors to participate in privatization of over 700 companies Kazakhstan’s President inviting foreign investors to participate in privatization of over 700 companies Besides, according to him, the country’s Government should accelerate launch of concession contracts in healthcare, education, water supply and some other realms.
12 June 2014
Emirates cancels order for 70 Airbus planes: firm Emirates cancels order for 70 Airbus planes: firm Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer Airbus.
11 June 2014
China set for 'Golden Age' of natural gas China set for 'Golden Age' of natural gas Demand for natural gas is set to nearly double within five years in China but the emerging market giant will meet half that with domestic supplies, the International Energy Agency said.
10 June 2014
Japan's Q1 growth fastest in more than two years Japan's Q1 growth fastest in more than two years Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.
10 June 2014
Kazakhstan has 61 visa-free destinations: Visa Restriction Index 2014 Kazakhstan has 61 visa-free destinations: Visa Restriction Index 2014 Kazakhstan has been ranked 66th in the Visa Restriction Index 2014 with 61 visa-free travel destinations.
10 June 2014
Around 1 million people to visit Borovoye in 2020 Around 1 million people to visit Borovoye in 2020 Around 1 million people will visit the Shchuchinsk-Borovoye resort zone located in Burabai region )a district of Akmola Oblast in northern Kazakhstan) in 2020.
10 June 2014
Sony back at top of console sales after eight years Sony back at top of console sales after eight years Sony have topped worldwide sales of video game consoles for the first time in eight years, a newspaper reported Saturday, pipping struggling rival Nintendo and signalling the Playstation manufacturer's comeback.
08 June 2014
Exxon may take over as Kashagan operator Exxon may take over as Kashagan operator Exxon Mobil, an American major multinational oil and gas corporation and world’s third largest company by revenue, may take over as Kashagan's new operator.
07 June 2014
Kazakhstan is not getting low-cost airlines any time soon: Ministry of Transport Kazakhstan is not getting low-cost airlines any time soon: Ministry of Transport Low-cost airlines are not likely to emerge in Kazakhstan until there is intense competition between airports of nearby cities.
07 June 2014

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