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US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

Oil down as euphoria over fiscal cliff deal fades Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

03 January 2013

Kazakhstan prolongs oil products export ban into 2013 To prevent critical deficit and prices growth at the domestic market of oil products, Kazakhstan government decided to introduce a 6-month ban on export of oil products.

29 December 2012

US gun sales soar as owners fear new regulations US firearm sales have sky-rocketed since the Newtown school massacre, as debate over gun control rages and enthusiasts fear certain assault weapons and high-capacity magazines could be banned.

26 December 2012

Iraq agrees to extend oil pipeline through Jordan Iraq and Jordan agreed on Monday to extend an oil pipeline to the Red Sea city of Aqaba for the export of Iraqi crude, Prime Minister Nuri al-Maliki said after a fleeting visit to Amman.

25 December 2012

Kazakhstan doesn’t rule out external borrowings to purchase ConocoPhillips’s stake in the giant Kashagan oilfield The consortium developing the field comprises Eni, Shell, ExxonMobil, Total and KazMunaiGaz (all with a 16.81% stake) as well as ConocoPhillips (8.4%) and Japan's Inpex (7.56%).

25 December 2012

Almaty companies win quarter of all Kazakhstan's state procurenment contracts Local content has increased 2.5-fold since the beginning of the State Procurement Order campaign 4 years ago: Almaty Akim.

21 December 2012

US shooting fuels bullet-proof backpack sales On the heels of the deadly shooting tragedy in Connecticut, parents' anxiety is driving a surge in sales of bullet-proof backpacks, in the hope the armored bags can give their kids a safety edge.

20 December 2012

Kyrgyzstan threatens Kazakhstan with claims for gas deficit Legal and financial claims could be filed against Kazakhstan's KazTransGas for limitation of gas supplies to Kyrgyzstan.

19 December 2012

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Kazakhstan to attract over $300 million in foreign ivestments Kazakhstan will sign up for projects with foreign investors for over $300 million.

17 December 2012

Dollar falls as fiscal cliff worries grow The dollar dropped to its lowest level against the euro in three months Friday, the euro going above $1.31 as politicians in Washington appeared no closer to averting the economy-crunching fiscal cliff.

16 December 2012

President has set a goal to boost state support to the agriculture sector 4.5 times According to him, the measures should result in the share of agriculture in the GDP growing 5-fold by 2050.

14 December 2012

By 2050 Kazakhstan to meet the domestic demand for environmentally friendly fuel Investors should be attracted on condition they transfer the most advanced technology in both extraction and processing: President Nazarbayev.

14 December 2012

Peru approves free trade agreement with EU Peru has approved a free trade agreement with the European Union and Colombia that will allow 75 percent of agricultural products and 100 percent of other goods to enter the eurozone duty-free.

13 December 2012

IMF warns Hong Kong property faces price correction The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.

12 December 2012

Best Kazakhstan-made goods being selected in Astana A state contest-exhibition Best Kazakhstan Goods-2012 kicked off in Korme exhibition center in Astana on December 11.

12 December 2012

Argentinean cows need good nourishment: Nazarbayeva Kazakhstan Parliament has once again discussed unsuccessful results of the country's cattle breeding program.

11 December 2012

Psy, Samsung push 'brand Korea' in 2012 A breakthrough year for "brand Korea" -- led by the rapper Psy and electronics giant Samsung -- has boosted efforts to promote a country that still feels overshadowed, under-appreciated and misunderstood.

11 December 2012

Kazakhstan air companies to buy aircrafts at manufacturer's cost Kazakhstan entered the Cape Town Convention that provides countries with financial benefits for purchase of modern aircrafts.

07 December 2012