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Economy

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China manufacturing index hits 18-month high: govt China manufacturing index hits 18-month high: govt Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed Friday, but government and independent analysts warned underlying data suggest economic weaknesses remain.
01 November 2013
ConocoPhillips completes sale of Kashagan share to KMG and views Kashagan as non-core asset ConocoPhillips completes sale of Kashagan share to KMG and views Kashagan as non-core asset The main reason why ConocoPhillips sold its share in the gigantic pie that everyone wants a bite from has nothing to do with the complexity of the field or the bulging expenses of the consortium to develop it.
31 October 2013
Grain harvest expected at 18.5-19 million tons Grain harvest expected at 18.5-19 million tons According to the country’s Agriculture Ministry, the harvesting campaign is complete in 97% of crop lands.
31 October 2013
Suspended production at Kashagan may disrupt Kazakhstan’s plan of producing 82 million tons of crude in 2013 Suspended production at Kashagan may disrupt Kazakhstan’s plan of producing 82 million tons of crude in 2013 According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
31 October 2013
Foreign contractors bereave Kazakhstan businessmen of billions Foreign contractors bereave Kazakhstan businessmen of billions Foreign contractors have bereaved the local businessmen registered at the Kazakhstan government's public procurement website of around $372.6 million.
31 October 2013
Chinese bank lends Niger $1 billion: minister Chinese bank lends Niger $1 billion: minister Niger has accepted a controversial $1 billion loan from the Export-Import Bank of China (China Exim Bank) to finance development projects.
30 October 2013
World Bank: Singapore, Hong Kong best for business World Bank: Singapore, Hong Kong best for business Singapore and Hong Kong rank the world's best places to run a business, while mainland China remains far down the list.
30 October 2013
TengizChevroil to resume oil shipments through Baku – Tbilisi – Ceyhan TengizChevroil to resume oil shipments through Baku – Tbilisi – Ceyhan The consortium has already designated the Aktau tanker to transport crude from Aktau to Baku to be further pumped to the pipeline.
29 October 2013
Managing Director of Agip KCO resigns Managing Director of Agip KCO resigns Managing Director of Agip KCO Umberto Carrara is going to be replaced by Guido Brusco after November 1.
29 October 2013
TENGRI LIFE
TENGRI TRAVEL
Toxic US corporate culture unchanged: TARP watchdog Toxic US corporate culture unchanged: TARP watchdog Five years after the US financial crisis forced the massive government TARP bailout, the US corporate culture remains toxic and breeding crime.
29 October 2013
Six Kazakhstan airlines banned from flights Six Kazakhstan airlines banned from flights Kazakhstan Ministry of Transport and Communications revoked licenses of several air carriers.
29 October 2013
Kazakhstan may export goods worth $7 billion to Central Asia Kazakhstan may export goods worth $7 billion to Central Asia 3rd Central-Asian Trade Forum that involves CA countries, plus Russia, Pakistan, Afghanistan, Austria and the United States was held in Kazakhstan.
29 October 2013
Apple profit tops forecasts, 33.8 million iPhones sold Apple profit tops forecasts, 33.8 million iPhones sold Apple on Monday reported a quarterly profit of $7.5 billion on the back of soaring iPhone sales.
29 October 2013
Britain to announce Islamic Index on stock exchange Britain to announce Islamic Index on stock exchange Prime Minister David Cameron was on Tuesday to announce a new "Islamic Index" on the London Stock Exchange and reveal plans for Britain to release an Islamic bond.
29 October 2013
Oil-rich Kuwait warns welfare state unsustainable Oil-rich Kuwait warns welfare state unsustainable Oil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.
29 October 2013
Kazakhstan 3 notches up in the WB’s Doing Business 2014 Kazakhstan 3 notches up in the WB’s Doing Business 2014 Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies.
29 October 2013
Kazakhstan announces Q3 uranium production output Kazakhstan announces Q3 uranium production output Uranium production output in Kazakhstan made up 20 900 tons in 2012.
28 October 2013
Lawsuit after 6 million bottles of Aussie wine down drain Lawsuit after 6 million bottles of Aussie wine down drain Global drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.
28 October 2013
JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims JPMorgan Chase will pay $5.1 billion to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie Mac and Fannie Mae.
27 October 2013
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