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  2. Economy

Economy

United States news Judge company China Asia Pacific Americas accounting Total president Oil
US judge suspends Chinese units of 'Big Four' auditors US judge suspends Chinese units of 'Big Four' auditors A US judge has ordered Chinese units of the "Big Four" global accounting firms to be suspended from auditing US-traded companies for six months, saying they had "willfully violated" US laws.
24 January 2014
French Total promises to remove delaying factors at Kashagan French Total promises to remove delaying factors at Kashagan According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil. promises
24 January 2014
Microsoft tops expectations with record revenue Microsoft tops expectations with record revenue Microsoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.
24 January 2014
Nissan, Renault to boost ties in $3.8 bn savings bid: report Nissan, Renault to boost ties in $3.8 bn savings bid: report Nissan and France's Renault are planning to boost their alliance by bringing together production as well as research and development in a bid to save about $3.8 billion annually.
24 January 2014
Kazakhstan President meets Sir Suma Chakrabarti of EBRD Kazakhstan President meets Sir Suma Chakrabarti of EBRD As of the end of 2013 the package of projects in Kazakhstan totaled about $450-500 million.
24 January 2014
Venezuela limits access to dollars at official rate Venezuela limits access to dollars at official rate Venezuela said Wednesday it would allow only importers of high priority goods like food to buy dollars at the official rate, forcing others to pay nearly twice that.
23 January 2014
Railway freight traffic between Kazakhstan and China may reach 21.5 million tons in 2014 Railway freight traffic between Kazakhstan and China may reach 21.5 million tons in 2014 The freight traffic in 2014 is expected at 21.5 million tons, with 17.5 million tons of them running through another border crossing (Dostyk station).
23 January 2014
Facebook could fade out like a disease: researchers Facebook could fade out like a disease: researchers Facebook is like an infectious disease, experiencing a spike before its decline, according to US researchers who claim the social network will lose 80 percent of users by 2017.
23 January 2014
Chinese leaders' kin stash riches in offshore holdings: probe Chinese leaders' kin stash riches in offshore holdings: probe Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.
23 January 2014
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BlackBerry shares lifted by big Pentagon contract BlackBerry shares lifted by big Pentagon contract BlackBerry shares leapt more than nine percent Tuesday as the troubled Canadian smartphone maker got a boost from news of contract to supply the US military with 80,000 new handsets.
22 January 2014
Las Vegas casinos begin accepting Bitcoin Las Vegas casinos begin accepting Bitcoin Two Las Vegas casinos will become the city's first to accept the Bitcoin virtual currency from this week.
22 January 2014
Lotte Confectionery of South Korea buys the rest of the shares in Almaty-based Rakhat confectionary Lotte Confectionery of South Korea buys the rest of the shares in Almaty-based Rakhat confectionary Experts don’t rule out that Lotte bought all the shares with a possible delisting in mind.
21 January 2014
ENRC explains its delisting from LSE ENRC explains its delisting from LSE Kazakhstan's billionaire Aleksandr Mashkevich has explained why ENRC chose to be delisted from the London Stock Exchange.
21 January 2014
Kazakhstan should develop oil and gas transport infrastructure: IEA Executive Director Kazakhstan should develop oil and gas transport infrastructure: IEA Executive Director Kazakhstan should develop oil and gas transport infrastructure and take a hard stance of pricing talks in the region: Maria van der Hoeven.
21 January 2014
Astana bids to host World Petroleum Congress, but looses to Istanbul Astana bids to host World Petroleum Congress, but looses to Istanbul The World Petroleum Congress is one of the most prestigious global events and Astana was biding to host it.
21 January 2014
Kazakhstan to tender out several onshore oil and gas blocks Kazakhstan to tender out several onshore oil and gas blocks The moratorium on holding tenders on subsoil use rights for natural resources, including oil, was lifted at the meeting in January 2013.
21 January 2014
LG to launch curved smartphone in Europe LG to launch curved smartphone in Europe South Korea's LG Electronics will start selling its first curved-screen smartphone -- seen as a first step to fully flexible products -- in Europe next month .
21 January 2014
Foreign charter flights ban causes annual loss of $4.5 million to Almaty airport Foreign charter flights ban causes annual loss of $4.5 million to Almaty airport The Airport of Almaty is loosing $4.5 million annually because of the ban on foreign charter flights from Kazakhstan.
20 January 2014
Peugeot 'approves' capital hikes by French state, Chinese partner Peugeot 'approves' capital hikes by French state, Chinese partner The board of struggling French carmaker PSA Peugeot Citroen has in principle approved capital boosts by the French state and its Chinese partner Dongfeng.
20 January 2014
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