Assets of the National Oil Fund to exceed $122 billion by 2016 A transfer of $980.3 million will be made in 2014 out of the National Oil Fund to finance prep works for EXPO-2017 to be held in Astana.
28 August 2013
Kazakhstan to introduce differentiated rates of tax on real estate The country’s media reported earlier that Kazakhstan’s respective ministries seek to substantially raise taxes on cars equipped with engines of 3-4 liters.
28 August 2013
Oil production output in Kazakhstan to reach 110 million tons in 2018 As was reported earlier, the country’s Oil and Gas Ministry slashed the estimated crude and condensed gas production figures to 2016.
28 August 2013
US to hit debt ceiling in mid-October: Treasury The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts.
27 August 2013
BTA expects to recover as early as this year assets reportedly siphoned off by the Bank’s ex Chairman Mukhtar Ablyazov We are fully aware that some of the assets will never be recovered: BTA’s Chairman of the Board Kadyrzhan Damitov.
27 August 2013
US judge approves $20 mn settlement in Facebook suit A US judge on Monday approved a deal in which Facebook will pay $20 million for using members "likes" as endorsements for ads.
27 August 2013
Australia's Billabong posts mammoth $771mn loss Embattled Australian surfwear brand Billabong reported a huge Aus$859.5 million (US$771.7 million) net annual loss Tuesday -- triple the firm's market value and far worse than analyst forecasts.
27 August 2013
Japan minister at Fukushima after radioactive leak Japan's government was ramping up pressure on electric utility TEPCO after a huge leak of radioactive water at Fukushima.
27 August 2013
17 million tons of coal mined in Karaganda oblast Over 17 million tons of coal was mined in Karaganda oblast in the first 7 months of 2013.
26 August 2013
Brazil to spend $55 billion to defend sagging real Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.
25 August 2013
Hon Hai sells 'wearable computing' patent to Google Taiwan's Hon Hai group has sold part of its patent portfolio involving wearable computing to US technology giant Google.
24 August 2013
Microsoft eyes new course as Ballmer sets retirement Microsoft chief executive Steve Ballmer announced Friday he would retire within 12 months, opening a new chapter for a company struggling to keep pace with the fast-changing tech sector.
24 August 2013
Chevron and TengizChevroil break ice on Kazakh content Kazakhstan engineering companies are eager to produce equipment for Chevron and TengizChevroil.
23 August 2013
Nokia says India 'least favourite market': report Finnish telecom giant Nokia has told India's government that the country is now its "least favourable market" to operate in and it makes better sense to export its products from China.
23 August 2013
Global manufacturing data helps Asia markets rebound Asian markets firmed on Friday as a slew of upbeat manufacturing data from around the globe overshadowed concerns about the US Federal Reserve's plans for its stimulus programme.
23 August 2013
UK Islamic TV channel fined for inciting violence Britain's broadcasting watchdog fined an Islamic television channel £85,000 ($133,000, 99,700 euros) after a presenter said anyone disrespecting the Prophet Mohammed should be killed.
22 August 2013
China manufacturing rebounds: HSBC A closely watched indicator of Chinese manufacturing turned positive for the first time in four months in August, HSBC said Thursday, in a sign of renewed strength in the world's second-largest economy.
22 August 2013
US manufacturing gaining on competition: study After decades of hollowing out, US manufacturing is overtaking competitors and stands to grab up to $115 billion more in export business from rivals by 2020.
21 August 2013
Al-Jazeera America goes live, woos viewers Al-Jazeera America went live Tuesday, accompanied by a campaign of traditional and social media for its cable channel launch, as it pledged to outdo its rivals with serious, in-depth journalism.
21 August 2013
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