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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

Japan says Bitcoin not a currency, but taxable Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

08 March 2014

Google mystery barge floats to new US berth Google's mystery barge arrived at a new home at a port in the California city of Stockton.

08 March 2014

Judge rejects Apple bid to ban Samsung devices A federal judge Thursday rejected Apple's request to ban an array of Samsung smartphones and tablets found to have infringed on patents held by the US tech giant.

07 March 2014

Kazakhstan’s Air Astana to perform chartered flights to Turkey The reason behind the decision to start chartered flights is lowering demand for direct and transit flights both within Kazakhstan and to Russia and Ukraine.

07 March 2014

Man identified as Bitcoin creator denies involvement A man named as being the enigmatic creator of Bitcoin on Thursday denied having a role in the virtual unit, telling reporters he was "not involved."

07 March 2014

Yahoo spurns Facebook and Google sign-in credentials Yahoo confirmed that it will stop letting people sign into its online services using credentials from rival Internet titans Facebook or Google.

07 March 2014

Female bank head a first for Japan Japan's biggest brokerage Nomura Holdings said Wednesday it has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.

06 March 2014

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Apple moved billions offshore to avoid Australia tax: report US tech giant Apple was Thursday accused of shifting nearly Aus$9 billion (US$8.1 billion) in untaxed profits from its Australian operations to Ireland over the past decade.

06 March 2014

Central Bank toughens requirements to borrowers Earlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.

06 March 2014

Subsidiary fined by twice the amount of KMG E&P's profit The ecology fine of the sub-company of Exploration and Production KazMunaiGa twice more than the profit of the entire Kazakhstan Oil and Gas National Company.

05 March 2014

Facebook out to buy solar drone maker: report Facebook is in talks to buy a solar-powered drone startup in what could lead to making wireless Internet available in regions without online access.

05 March 2014

Singapore world's costliest city: survey The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.

04 March 2014

Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.

04 March 2014

KazMunaiGas Head on the 4th oil refinery In the second half of 2016 the three oil refineries they will be able to fully meet the domestic demand: Sauat Mynbayev.

04 March 2014

French trufflers rise up in defence of their black diamonds French truffle growers are up in arms over cheaper imports from China which they say are being doctored by unscrupulous chefs and passed off fraudulently as the hugely prized local variety.

04 March 2014

MtGox opens call centre after $500m Bitcoin loss The MtGox Bitcoin exchange, which last week sought bankruptcy protection in Japan, opened a helpline for anxious customers on Monday after unveiling a massive loss in a possible theft.

03 March 2014

Kazakh Minister of Economic Affairs on Kashagan We hope the production will be resumed in the second half of the year, with the production output reaching 2.5-3 million tons of oil: Yerbolat Dossayev.

03 March 2014