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Eurozone still ready to help Cyprus after vote Cypriot President Nicos Anastasiades' office said he "fully respects" the decision and that he had had a "constructive" phone call with Russian leader Vladimir Putin, amid reports Cyprus was seeking alternative financing.

20 March 2013

10 billion tenge to be allocated for second phase of Almaty subway Kazakhstan Minister of Transport and Communications told about the plans for development of Almaty's infrastructure.

20 March 2013

KEGOC to float in People's IPO in Kazakhstan The second stage of the People's IPO in Kazakhstan will start this year with selling of KEGOC shares in Q2.

19 March 2013

Eurozone says ditch Cyprus tax grab on smallest accounts The eurozone has told debt-hit Cyprus to revise a controversial levy on bank deposits to allow small savers to escape the tax, part of a larger bailout deal, amid a public outcry and fears of a bank run.

19 March 2013

International lending shows smallest growth in 13 years: BIS Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).

19 March 2013

Eurogroup approves Ireland, Portugal debt extension Eurozone finance ministers approved early Saturday plans to give bailed-out Ireland and Portugal more time to pay back some of their massive rescue loans.

18 March 2013

Bloggers expose lavish lifestyles of Putin loyalists Bloggers who oppose Russian President Vladimir Putin are targeting top lawmakers loyal to the Kremlin with scandalous revelations about their luxury lifestyles.

16 March 2013

Almaty citizens owe $10 billion to banks 63 percent of all the loans in Kazakhstan are concentrated in Almaty; overdue loans exceed $10 billion.

15 March 2013

IMF calls for 'urgent action' to boost Palestinian economy The International Monetary Fund (IMF) Thursday called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.

15 March 2013

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Obama says US won't balance budget in next 10 years President Barack Obama warned Tuesday America will not balance its budget within a decade because Republican plans to do so would entail slashing social programs many citizens rely on for support.

13 March 2013

Data confirms recession in weakest eurozone economies Data published on Monday confirmed recession in the eurozone's weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may come at the cost of economic growth.

12 March 2013

Kazakhmys loses positions in London Kazakhstan's Kazakhmys group will be excluded from FTSE-100 and moved to FTSE-250 index.

11 March 2013

US companies keep more money offshore: report US companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes.

11 March 2013

Wall St. Raider Icahn defends Dell assault Wall Street raider Carl Icahn defended his twin attacks on computer giant Dell and offshore oil rig operator Transocean Friday, saying such companies need "shaking up" for shareholders' benefit.

10 March 2013

Kazakhstan to use polygraphs for employment to law-enforcement authorities Lower chamber of Kazakhstan parliament approved the draft law On amendments to the Law on Law-Enforcement Authorities in the first reading.

09 March 2013

French minister vows to cut red tape for investors A French minister vowed Thursday to cut bureaucracy in a bid to lure foreign investors, and said her South Korean roots would help to boost France's profile in booming Asia.

07 March 2013

Central Bank Governor believes it’s time local banks turned to external borrowing He reminded that the banking sector’s debt reached its peak back in 2007 making up $47 billion, whereas today the figure stands at $10.6 billion.

06 March 2013

Five Kazakhstan citizens on Forbes richest list Forbes magazine included 5 Kazakhstan citizens in the updated list of the richest people on the planet.

06 March 2013

GDP growth forecast at 6-7 percent in Kazakhstan in 2013-2017 The economy growth has to be more stable in 2013: Kazakhstan Minister.

05 March 2013