Kazakhstan intends to increase salaries and allowances
Salaries of civil employees working in public institutions and social allowances will be increased in Kazakhstan from April 1, 2014.
Possible inflation risks: National Bank
In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
Tenge devaluation must not affect Kazakhstan people negatively: Nazarbayev
The tenge devaluation must not have any negative effect on the people of Kazakhstan, and no manipulation of prices or speculations shall be allowed: Nazarbayev
Japan's Rakuten paying $900 mn for Cypriot app-maker
Rakuten, Japan's largest online shopping mall operator, said Friday it would buy Cyprus-based application maker Viber Media for $900 million, as its expands an overseas empire that includes Canadian e-reader company Kobo.
President Nazarbayev opposes state support to failing banks and companies
According to him, “We are a market economy. In a market economy thousands of businesses go out of business every year”.
President Nazarbayev on NPLs
As of December 1, 2013 NPLs stood at 31.4% of the overall banks’ portfolio, 19.7% up against the start of 2013.
Kazakhstan’s President Nursultan Nazarbayev furious over People’s IPO delays
I commission the Central Bank and the Government to come up with a clear vision of the country’s pension system and the national securities market before June 1, 2014: President Nazarbayev.
PS4 tops list as US videogame console sales climb
US videogame hardware sales surged in January, with Sony's new-generation PlayStation 4 consoles leading the charge.
Oil markets tight, IEA warns
World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.