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Nintendo forecasts net loss, slashes Wii U sales target Japanese gaming giant Nintendo on Friday warned it would swing back into the red this fiscal year as it slashed its annual sales target for the Wii U game console.

20 January 2014

China's biggest mobile firm starts Apple iPhone sales China Mobile, the country's biggest services provider, on Friday started selling Apple's iPhone to its millions of customers nationwide, ending a six-year wait in a key market for the US technology giant.

18 January 2014

President Nazarbayev tasks his Government with ensuring 6-7% economy growth rate in 2014 A blanket program to develop the financial sector to 2030 must be drafted by June 1, 2014: President.

17 January 2014

NBA's Kings to accept Bitcoin for tickets US basketball outfit the Sacramento Kings said Thursday they would begin accepting Bitcoin, the first professional sports team to accept the virtual currency.

17 January 2014

China and Russia to spend $400 million on Kazakhstan power plant China and Russia will provide 400 million dollars for construction of Ekibastuz GRES-2 Power Plant in Kazakhstan.

16 January 2014

France sells 1% stake in Airbus Group for 451 mn euros The French state has raised 451 million euros ($614 million) by selling a one percent stake in European aircaft and defence corporation Airbus Group, the economy minister said Thursday.

16 January 2014

IDB investments to Kazakhstan stand at $500 million This year the Bank is to activate its operations involving the private sector.

16 January 2014

Almaty Airport increases jet fuel prices The Almaty International Airport is charging $1,290 for a ton of jet fuel.

16 January 2014

Fiat's Marchionne: savior of Fiat and Chrysler Brash Fiat chief Sergio Marchionne was welcomed as a hero at the Detroit Auto Show this week after completing the takeover of US automaker Chrysler.

16 January 2014

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Fed taper poses risks to global pick-up: World Bank The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.

15 January 2014

Google buys 'smart' thermostat maker Nest for $3.2 bn Google on Monday announced that it is buying smart thermostat start-up Nest in a deal valued at $3.2 billion.

15 January 2014

Flagship Motorola smartphone headed for Europe Motorola announced Tuesday that its flagship Moto X smartphone is heading for Europe.

15 January 2014

US Congress unveils $1 trillion spending bill Negotiators from the US Senate and House of Representatives unveiled a $1 trillion spending bill late Monday, eliminating the threat of another government shutdown, at least until October.

14 January 2014

Sinopec to pay compensation over pipeline blast Chinese state-owned oil giant Sinopec will pay compensation over a November pipeline explosion at its facility in the city of Qingdao that killed dozens of people and caused losses of more than $100 million.

14 January 2014

Kazakhstan has seen 600% growth in prices for housing in the last 12 years As of November 2013, price in Astana, the country’s capital city, stood at $1687 per square meter.

13 January 2014

Li's Power Assets to spin off HK unit Li Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.

13 January 2014

Toyota aims to produce more than 10 million autos in 2014 Toyota Motor is aiming to produce more than 10 million vehicles in 2014, a bullish target that could boost other industries in Japan, a report said Saturday.

12 January 2014

Singapore monitoring new forms of illicit financing Asian financial hub Singapore on Friday said it was scrutinising trade in virtual currencies such Bitcoin, precious stones and metals to forestall new forms of illicit financing by criminals and terrorists.

12 January 2014

IMF's Lagarde: uncertainty over health of European banks International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.

10 January 2014