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Economy - страница 6

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Interest rates on deposits in tenge raised in Kazakhstan In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.

21 January 2016

Iran boosts oil production by 500K, condemns new sanctions Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.

19 January 2016

Chinese conglomerate to buy stake in Hollywood studio Chinese powerhouse Dalian Wanda is reportedly in talks to buy a controlling stake in US film studio Legendary, providing the company with a key anchor in Hollywood.

05 January 2016

Inflation in Kazakhstan makes 13.6% in 2015 Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.

05 January 2016

Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan

28 December 2015

Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.

28 December 2015

Ukraine to introduce embargo against Russian food: PM Ukraine is responding to Moscow's food embargo with "mirror sanctions" of its own, Prime Minister Arseniy Yatsenyuk announced.

24 December 2015

Mitsubishi Heavy postpones delivery of first made-in-Japan jet Mitsubishi Heavy is postponing delivery of the first made-in-Japan passenger jet, a little more than a month after its maiden test flight.

24 December 2015

Turkmenistan eyes Western markets with new $2.5 bln gas link Turkmenistan hailed on Wednesday the completion of a $2.5 billion gas pipeline connecting its abundant eastern gas fields to the Caspian Sea while potentially expanding Europe's energy security options.

23 December 2015

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Brent hits 11-year low as oil extends slide on glut worries European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.

21 December 2015

Australia's Westfield offloads five US malls Australian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.

21 December 2015

Hard economic lessons as China's coal boom ends China's coal industry is now crippled by oversupply, but its companies are too big to fail.

09 December 2015

EU, Turkey agree 3bn euro aid deal to stem migrant crisis: Tusk The European Union and Turkey agreed on a deal to stem the migrant crisis, including a three-billion-euro ($3.2-billion) aid package for Syrian refugees in Turkey.

30 November 2015

Facebook ramps paid leave time for new dads With Facebook co-founder Mark Zuckerberg about to become a dad, the social network boosted the amount of time fathers can take off to bond with their new babies.

28 November 2015

American billionaire Jim Rogers considers investing in Kazakhstan American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.

27 November 2015

Obama vows better trade ties with new Argentine leader US President Barack Obama sought to capitalize on Mauricio Macri's election to open a new, less contentious chapter in relations with Argentina.

26 November 2015

Russia sanctions could be lifted if it meets Ukraine commitments: French PM Sanctions against Russia over its involvement in the Ukraine crisis could be lifted if Moscow fulfils commitments it made to help resolve the conflict, French Prime Minister Manuel Valls said.

26 November 2015

Gazprom says halts Ukraine gas deliveries over Kiev non-payment Russian state giant Gazprom said it had halted gas deliveries to Ukraine after Kiev failed to make upfront payments for more supplies.

25 November 2015

Kazakhstan's national companies face major restructuring Kazakhstani national companies will soon be facing a major restructuring.

25 November 2015