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Cuban cigar sales up 8 percent in 2013 Cuban cigar sales were up eight percent in 2013, reaching $447 million, with strongest market gains in China.

25 February 2014

$4 billion worth of food imported in Kazakhstan in 2013 Kazakhstan imported $4 billion worth of food products last year.

25 February 2014

National Fund should provide $5.4 billion to compensate tenge devaluation in Kazakhstan: KazPotrebNadzor The National Fund of Kazakhstan should provide $5.4 billion to support the Kazakhstan economy amid the tenge devaluation: KazPotrebNadzor

25 February 2014

Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.

25 February 2014

Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.

25 February 2014

TengizChevrOil brings payments to Kazakhstan to $15 billion TengizChevrOil brought its direct payments into the Kazakhstan budget to $15 billion in 2013.

25 February 2014

GE to hike pro-environment energy research by $10 bn US industrial conglomerate General Electric said Monday it would boost spending on environmentally friendly energy research by $10 billion by 2020, including on fracking technologies and wind turbines.

25 February 2014

Kazakhmys to increase wages of its workers Kazakhmys Plc has announced a wages raise for its industrial personnel.

24 February 2014

Largest Kazakhstan companies to increase salaries from April 2014 KazZinc, ENRC and ArcelorMittal Temirtau will increase their employees' wagas by 10% starting from April 2014 because of the 20% tenge devaluation.

24 February 2014

TENGRI LIFE

TENGRI TRAVEL

People ready to confess anything for $500,000: Kaspi Bank Kaspi bank has received more than 1000 calls from people hoping to get the $500,000 bounty.

24 February 2014

LG to launch new smartwatch this year: CEO LG will launch its first smartwatch in 2014, the head of its mobile unit said Monday, tapping into the nascent market for wearable devices seen as the mobile industry's new source of growth.

24 February 2014

Australia not willing to pay Kazakhstan for sick cows Kazakhstan is compelled to bring Australian sick cows supplier through diplomatic channels.

22 February 2014

Almaty budget overhaul: Yesimov The Akim (Mayor) of Almaty Akhmetzhan Yesimov talked about overhauling the city budget due to devaluation of tenge.

22 February 2014

US taper should be 'wake-up call' for emerging world: OECD The OECD Friday said the winding down of US monetary stimulus should be a "wake-up call" for emerging economies to accelerate reforms, but Indonesia and South Africa stepped up criticism of the Federal Reserve heading into G20 talks.

22 February 2014

International Arbitrations bring $3 billion to Kazakhstan in 2013 Kazakhstan won $3 billion in international arbitrations in 2013.

21 February 2014

Bitcoin is no way to avoid losses amid devaluation in Kazakhstan Bitcoin is not a good way to save money for Kazakhstanis frantically trying to hedge themselves amid the 20% tenge devaluation.

21 February 2014

Business Wire halts high-speed wire for fast traders Business Wire, a service used for corporate news releases, said Thursday it would stop selling its high-speed wire to Wall Street traders seeking to get a jump on the market.

21 February 2014

We will not let Kazakhstan-based banks fail: President Nazarbayev President reminded that the National Fund had already played a crucial role to support the national economy against the backdrop of the global financial crisis.

21 February 2014

Global tax evasion under G20 scrutiny US Treasury Secretary Jacob Lew described taxation reform as among the G20's most crucial initiatives Friday as the world's major economies look to close loopholes used by huge multinational firms.

21 February 2014