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KazKom bank and billionaire Kenes Rakishev eyeing BTA Bank Kazakhstan-based Kazkommertsbank and businessman Kenes Rakishev might purchase BTA Bank.

24 December 2013

Twitter's Jack Dorsey joins Disney board US entertainment giant Walt Disney Company announced Monday that it tapped Twitter co-founder and chairman Jack Dorsey to join its board of directors.

24 December 2013

Apple, China Mobile sign iPhone deal Apple on Sunday unveiled a long-anticipated deal with China Mobile, the world's biggest wireless carrier, to bring the iPhone to customers in a market dominated by low-cost Android smartphones.

23 December 2013

Battle of the Christmas decorations for Hong Kong malls In the race to extract cash from Christmas shoppers, Hong Kong's myriad shopping malls have taken to heart the maxim that you must spend money to make money when it comes to decorations this festive season.

23 December 2013

Kazakhstan central bank suspends BTA Bank's currency exchange license Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.

23 December 2013

Swatch wins compensation from Tiffany's in contract row Swiss watchmaker Swatch Group has won a lawsuit against US jewellery group Tiffany & Co over a failed joint venture to jointly design and market luxury watches.

23 December 2013

EU banking union too complicated, too slow: analysts An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.

23 December 2013

Tourists to spend $10 billion during Brazil World Cup Foreign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.

21 December 2013

Morgan Stanley sells oil trading assets to Rosneft Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.

21 December 2013

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Temirbank appoints new CEO The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.

20 December 2013

Six countries sign US pacts in fight against tax fraud The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.

20 December 2013

Zuckerberg sells as Facebook offers new shares Facebook chief Mark Zuckerberg will sell a chunk of his stake in the company, cashing in some $2.3 billion, as part of a new share offering by the huge social network.

20 December 2013

Spaniards bet on slimmed-down 'Fat One' Christmas jackpot Spaniards are digging into their pockets to gamble on their beloved "Fat One" Christmas lottery with the world's richest total payout, but winners will get slimmed-down prizes this year as a new austerity tax takes a bite.

20 December 2013

EU finance ministers reach banking union deal EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

19 December 2013

New Zealand winegrowers report bumper harvest New Zealand winegrowers enjoyed a record harvest in 2013 but are well placed to avoid the oversupply issues that have hampered them in the past, accounting giant Deloitte said Thursday.

19 December 2013

Air Astana gets 2 new Boeings Air Astana has replenished its airplane fleet with two new Boeing 767s.

19 December 2013

Kazakhstan's GDP grows 6% in 11 months Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013: Statistics Agency.

19 December 2013

Over 1 million sq m of housing commissioned in Astana this year Over 1 million square meters of housing has been commissioned in Astana this year.

19 December 2013

Australia PM stands firm against 'corporate welfare' Prime Minister Tony Abbott warned struggling Australian companies Wednesday to get their house in order, refusing to indulge in "corporate welfare" subsidies despite car giant Holden's decision to shut local plants.

19 December 2013