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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

EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan The European Investment Bank (EIB) and Sberbank offer new opportunities for small and mid-sized business of Kazakhstan.

24 February 2014

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

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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

PSA conditions at Karachaganak now favoring Kazakhstan Investments injected into the oilfield have been recouped: Minister of Oil and Gas Uzakbai Karabalin.

21 February 2014

Kaspi Bank on $500 000 reward offered to help identify instigators of false SMS campaign Vyacheslav Kim, Chairman of the Board, has refuted the rumor that the announced amount would be paid to the country’s General Prosecutor’s Office.

20 February 2014

Damage dealt to Kazakh banks by SMS-campaign being calculated The Governor of Kazakhstan National Bank Kairat Kelimbetov has commented the mass SMS distribution about the bankruptcy of 3 banks of Kazakhstan.

20 February 2014