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Dollar eases in Asia on Fed stimulus uncertainty Dollar eases in Asia on Fed stimulus uncertainty The dollar eased in Asia Tuesday amid uncertainty about the Federal Reserve's plans for its huge stimulus programme.
24 September 2013
Samsung, LG end patent dispute on display technology Samsung, LG end patent dispute on display technology South Korean electronic giants Samsung and LG have agreed to end a year-long battle over display technology patents that spawned a series of lawsuits.
24 September 2013
Kazakhstan has excess of mills: Agriculture Minister Kazakhstan has excess of mills: Agriculture Minister There are too many mills in Kazakhstan and many of them are currently on standby.
23 September 2013
Petrol collapse forecasted in Kazakhstan Petrol collapse forecasted in Kazakhstan A fuel supplies failure has already been registered in Astana. Last week the resident could buy petrol only on special coupons.
23 September 2013
KazAtomProm to launch uranium conversion plant in Ust-Kamenogorsk KazAtomProm to launch uranium conversion plant in Ust-Kamenogorsk A new uranium conversion plant will be built in Ulba Metallurgical Plant in Ust-Kamenogorsk by 2018.
23 September 2013
Kazakhstan Foreign Ministry to spend $20 million on foreign trips in 2014 Kazakhstan Foreign Ministry to spend $20 million on foreign trips in 2014 The draft Kazakhstan state budget for 2014-2016 has been submitted to the Majilis (Lower Chamber of the Kazakhstan Parliament).
22 September 2013
Outgoing Microsoft CEO most regrets lapse in mobilephones Outgoing Microsoft CEO most regrets lapse in mobilephones Outgoing Microsoft CEO Steve Ballmer said Thursday his biggest regret is missing the boat on smartphones -- but he said the software giant should not admit defeat just yet.
21 September 2013
Boeing to end C-17 military aircraft program in 2015 Boeing to end C-17 military aircraft program in 2015 Boeing announced Wednesday it would end production of its C-17 military transport aircraft in 2015, citing a difficult environment amid government spending cuts.
20 September 2013
60 percent of Kazakhstan's alcohol traffic in shadow 60 percent of Kazakhstan's alcohol traffic in shadow 60 percent of all the alcohol consumed in Kazakhstan comes from the shadow market.
19 September 2013
TENGRI LIFE
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Concept to expand Karachaganak oil project may be drafted before year end Concept to expand Karachaganak oil project may be drafted before year end It’s a project that clearly proves that substantial investments into Kazakhstan-based oilfields can and have been recouped: Oil and Gas Minister.
18 September 2013
Microsoft announces $40b share buyback Microsoft announces $40b share buyback Microsoft announced a new $40 billion share buyback on Tuesday as part of an effort by the transitioning US tech giant to return more cash to stockholders.
18 September 2013
Crude production at Kashagan expected at 8 million tons in 2014: Oil and Gas Minister Crude production at Kashagan expected at 8 million tons in 2014: Oil and Gas Minister Mr. Karabalin also elaborated that the Caspian Pipeline Consortium (CPC) would be able to handle the increased volume of crude.
18 September 2013
Shanghai free trade zone will deal a blow to Hong Kong: Li Shanghai free trade zone will deal a blow to Hong Kong: Li Asia's richest man Li Ka-shing warned that Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.
18 September 2013
Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor These countries’ currencies are to play a greater role in Kazakhstan’s foreign trade as compared to the role of the US Dollar, he believes.
18 September 2013
Foreign inflows fuel Sri Lanka recovery: central bank Foreign inflows fuel Sri Lanka recovery: central bank Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.
17 September 2013
Commercial production of 75 000 barrels a day at Kashagan to start early October Commercial production of 75 000 barrels a day at Kashagan to start early October The maximum production level at Kashagan is 1.5 million barrels a day if the development plan is approved: Oil and Gas Minister.
17 September 2013
Kazakhstan to minimize oil imports and meet domestic demand by 2020: Oil and Gas Minister Kazakhstan to minimize oil imports and meet domestic demand by 2020: Oil and Gas Minister In 2014 Kazakhstan is expected to produce 83 million tons, with the figure to be brought up to 110 million tons in 2018.
17 September 2013
Fitch Ratings on oil production at Kashagan Fitch Ratings on oil production at Kashagan The onset of production is one reason we expect Kazakhstan's economic growth rate to recover after a slight slowdown in 2012: Fitch Ratings.
16 September 2013
Oil prices down after deal on Syrian chemical weapons Oil prices down after deal on Syrian chemical weapons Oil prices fell in Asian trade Monday after a US-Russia deal on Syria's chemical weapons averted a potential Western military strike on the Assad regime.
16 September 2013
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