Kazakhstan is concerned over possible widened economic sanctions against Russia Kazakhstan is concerned over possible widened economic sanctions against Russia Russia might face a zero economic growth this year. It’s no good news for us as the two economies are interdependent to a great extent: Kazakhstan’s Central Bank Governor.
13 May 2014
State-run Single Pension Fund to deposit money with Kazakhstan-based banks State-run Single Pension Fund to deposit money with Kazakhstan-based banks “I commission the National Bank and the Government to work out a strategy to invest the assets of the Pension Fund, including depositing the money with Kazakhstan-based banks for a long term”, President Nazarbayev said earlier.
13 May 2014
Petrobras probe on US refinery 'near end' Petrobras probe on US refinery 'near end' An internal investigation of Petrobras' controversial $1.1 billion purchase of a Texas refinery is nearing completion, the Brazilian state oil giant's chief said.
13 May 2014
Air Astana to launch more flights to Europe Air Astana to launch more flights to Europe Kazakhstan’s Air Astana national airline will be performing charter flights from Almaty and Astana to several South European tourist cities.
12 May 2014
Legitimization of assets to bring billions: Kelimbetov Legitimization of assets to bring billions: Kelimbetov Central bank aims to legitimate money and assets to ensure an influx of several billion dollars into the banking sector of Kazakhstan.
12 May 2014
Counting losses from Kashagan suspension Counting losses from Kashagan suspension Losses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.
11 May 2014
London tops super-rich city list, survey shows London tops super-rich city list, survey shows London has more billionaires than any other city in the world, and Britain has more billionaires per head of population than any other country, new data showed.
11 May 2014
Rakhat Confectionary to expand to China and South Korea Rakhat Confectionary to expand to China and South Korea Rakhat, a major Kazakhstani confectionary company, plans to expand into foreign markets.
10 May 2014
Nauru applies for IMF membership Nauru applies for IMF membership The tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said.
10 May 2014
Sotheby's gives Loeb board seats, avoiding showdown Sotheby's gives Loeb board seats, avoiding showdown Sotheby's agreed Monday to appoint hedge fund activist Dan Loeb and two allies to its board, averting a shareholder vote over the direction of the prestigious fine art auctioneer.
07 May 2014
Experts forecast mortgage lending revival in Kazakhstan Experts forecast mortgage lending revival in Kazakhstan Experts forecast a revival in the stagnated mortgage lending in Kazakhstan. In the most optimistic scenario it will start in end of 2014.
06 May 2014
Development Bank of Kazakhstan obtain 500 million euro loan from HSBC Development Bank of Kazakhstan obtain 500 million euro loan from HSBC Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
05 May 2014
Kenes Rakishev buys into Magnum Cash & Carry Kenes Rakishev buys into Magnum Cash & Carry Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.
05 May 2014
Portugal to end EU-IMF bailout with clean break Portugal to end EU-IMF bailout with clean break Portugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
05 May 2014
Asian Development Bank to co-finance projects funded out of the National Oil Fund Asian Development Bank to co-finance projects funded out of the National Oil Fund One of the sources to boost the country’s economy growth will be $5.5 billion out of the National Oil Fund to be allocated in 2014 and 2015, Minister of Economic Affairs Yerbolat Dossayev said April 14.
04 May 2014
US economy rebounds, adding 288,000 jobs in April US economy rebounds, adding 288,000 jobs in April The US economy pumped out 288,000 jobs in April, the highest pace in over two years, in a fresh confirmation that growth has resumed after a harsh winter freeze.
04 May 2014
DR Congo opens one of Africa's largest gold mines DR Congo opens one of Africa's largest gold mines DR Congo, one of the world's biggest gold producers, on Friday formally opened one of the continent's largest gold mines in the far northeast of the country.
04 May 2014
India threatens WTO action over EU mango ban India threatens WTO action over EU mango ban India on Friday threatened to drag the European Union to the World Trade Organization over its ban on mango imports.
04 May 2014
Panama Canal to earn $3.1 bn a year, less than expected Panama Canal to earn $3.1 bn a year, less than expected A widened Panama Canal is expected to bring in some $3.1 billion per year, considerably less than earlier estimates, the official responsible for the waterway told AFP.
03 May 2014

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