Rio Tinto pink diamonds fetch record prices
The annual sale of Rio Tinto's rare pink-hued diamonds attracted unprecedented interest with at least two of the stones fetching record prices of over $2 million.
Kazakhstan leads in uranium production
Kazakhstan produced 21,317 tons of uranium in 2012. It is Number One in the world by uranium production and Number Two by uranium deposits.
Kazakhstan poised to produce OCTG fittings
KazMunaiGas and French Vallourec & Mannesmann Tubes has signed a memorandum of understanding.
Britain to ease China visa restrictions
Britain is to make it easier for Chinese nationals to obtain visas in an effort to boost business between the two countries.
G20 seeks 'urgent action' from US on budget impasse
Finance chiefs of the G20 on Friday called for Washington to quickly resolve the political paralysis over its budget and debt ceiling.
Brazil antitrust body opens Google probe
Brazil's antitrust authority said Friday it has opened a probe into allegations that Google engaged in anti-competitive practices in the domestic online search market.
World Bank to cut costs, bureaucracy: Kim
World Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.
Unbridled consumer loans are a new bomb to undermine the Kazakhstan’s financial sector: President Nazarbayev
President has commissioned Kairat Kelimbetov, the newly appointed Central Bank Governor, to look into the situation.
IMF gold sales to fund lending to poor countries
The International Monetary Fund announced Thursday it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.