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.
14 October 2013
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.
14 October 2013
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.
14 October 2013
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.
Dubai property bounces but stirs fears of new bubble
Dubai's property sector is making a strong comeback five years after prices in the emirate nosedived, but a surge in demand and bouncing prices have triggered calls to remember the crisis.
Shutdown forces EU, US to cancel trade deal talks
The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.
05 October 2013
Japan's Aso warns of 'consequences' of US debt default
Japanese Finance Minister Taro Aso on Friday urged the United States to resolve political gridlock in Washington, warning of grim "consequences" for the global economy if it leads to a debt default.
05 October 2013
US default could be 'catastrophic': Treasury
The US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.
04 October 2013
Unemployment remains dark spot in Spanish economy
Spain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.
Crude production at Kashagan to be resumed in a few days
Crude production was suspended September 25 due to some faults of the gas pipeline. According to first estimates, the repairs were supposed to take 3-4 days. However, oil production hasn’t been resumed yet.
02 October 2013
Transport engineering emerges in Kazakhstan
Transport engineering has become one of Kazakhstan's industries thanks to the state-run Program of Accelerated Industrial-Innovative Development: Akhmetov.
02 October 2013
US economy faces hefty hit if government shuts down
A US government shutdown would hit an economy struggling to sustain its post-crisis rebound, but experts say the impact will only be substantial if Washington's political paralysis lasts several weeks.