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Will the pension funds be merged into the Single Pension Funds by April 2014? Ular Umit pension fund is completing the merger to be followed by the pension fund owned by Halyk Bank, the last to be merged with the newly-formed Single Pension Fund: the Fund’s Press Service.
20 March 2014
New York probes special deals for high-speed traders New York's top prosecutor Tuesday vowed to end special concessions that exchanges provide to high-speed securities traders, giving them an unfair advantage over retail investors.
19 March 2014
Kazakhstan-made bicycles to hit Swiss market Nomad bicycles made in Kazakhstan will enter the market of Switzerland.
19 March 2014
Crude prices up after Crimea referendum Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia.
18 March 2014
Kenes Rakishev joins Kazakhstan Engineering board Kazakhstan businessman Kenes Rakishev has became a member of the Board of Directors of Kazakhstan Engineering National Company.
17 March 2014
Rompetrol Group renamed to KazMunaiGas International The Rompetrol Group is being renamed to KazMunaiGas International.
17 March 2014
Air Arabia launches Sharjah-Shymkent flight Airline company Air Arabia, the Middle East and North Africa’s largest low-cost carrier, has launched the flight Sharjah-Shymkent on March 16.
17 March 2014
DBS buys Societe Generale's Asian private banking business Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
17 March 2014
Coca-Cola hoping to score big at World Cup The world's football stars will not be the only ones competing for glory at this year's World Cup in Rio de Janeiro. Coca-Cola will also be running hard.
17 March 2014
Workers sue McDonald's for stealing wages US workers accused fast-food giant McDonald's of systematically stealing wages through illicit practices like forcing them to work off-the-clock and failing to pay overtime.
14 March 2014
US ends BP contract ban The United States announced Thursday an end to its ban on BP obtaining government contracts following the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
14 March 2014
Central Bank Governor to manage assets of Single Pension Fund Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.
14 March 2014
Herbalife faces FTC inquiry after activist campaign The US Federal Trade Commission has opened a civil investigation into Herbalife.
13 March 2014
High excise tax on cigarettes spur illegal traffic Increase of the Kazakhstan excise tax on cigarettes has triggered an increase in illegal traffic from Kyrgyzstan in 2013.
13 March 2014
Australia's first banknote going under hammer The only known specimen of the first official banknote issued in Australia, uncovered in Scotland, is expected to fetch at least Aus$250,000 (US$224,000) at an auction in Sydney this month.
12 March 2014
Kazakhstan Temir Zholy: enhanced rolling stock The tear and wear of Kazakhstan's rolling stock has been significantly reduced since 2008.
12 March 2014
Japan's Sprint owner eyes US telecom price war The Japanese owner of US mobile carrier Sprint said he wanted to launch a "price war" with the two major carriers as he seeks to acquire T-Mobile's US unit.
12 March 2014
Warning bells as Portugal urged to exit bailout without buffer With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.
11 March 2014
Kazakhstan raises export duty rates for crude Export duty rate for crude is to be raised from $60 to $80 per ton starting from April 1, 2014.
11 March 2014
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