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Kazakhstan not ready for electromobiles: expert Eduard Edokov, the head of the Independent Automobile Union of Kazakhstan, says that Kazakhstanis are not yet ready to transition to electromobiles both because of their mentality and the lack of infrastructure in the country.

09 November 2014

Russian central bank ready to step in to stop ruble panic Russia's central bank said it was ready to step in to protect the crashing ruble, after the currency was hammered by a day of panic selling.

08 November 2014

Following overhaul at three oil refineries Kazakhstan may face excessive supply of petroleum products The only potential market available for our petroleum products is that of other Central Asia states with a growing population and a shortage of oil processing capabilities of their own. And Afghanistan as well: Vice Chairman of the Board at KazMunaiGas.

06 November 2014

New pipelines to be delivered to Kashagan early 2015 According to the Energy Minister, of today the project subcontractors have purchased around 45 kilometers of pipelines.

05 November 2014

Kazakhstan's Zhambyl Oblast to double agricultural production by 2020 Zhambyl Oblast in southern Kazakhstan plans a massive increase in its agricultural production, the Governor of the Oblast said.

04 November 2014

Russia cannot limit food transit from EU to Kazakhstan: Vice Minister of National Economy Russia may try to impose limitations on food transit from the European Union to Kazakhstan to prevent re-export of goods to Russia.

02 November 2014

Apple in talks to sell iPhone in Iran: report Apple is in preliminary talks to sell the iPhone in Iran, if sanctions are eased on the Middle East nation.

30 October 2014

Finance Minister on role of state-run enterprises in Kazakhstan’s economy According to him, the share of government-owned enterprises stands at around 40%.

29 October 2014

French unemployment hits new record Unemployment in France hit a new record in September, with official statistics published showing 3.43 million people claimed jobless benefits.

25 October 2014

TENGRI LIFE

TENGRI TRAVEL

Kazakhstan harvests sweet potato first time for South Korea Sweet potato was planted in three different regions of Kazakhstan in a pilot project for South Korea. First harvest has been obtained.

23 October 2014

Philips blames Russia, China slowdowns for plunge into loss Dutch electronics giant Philips posted a 103-million-euro net loss on third-quarter earnings, blaming a patent lawsuit and ever-slowing markets in China and Russia.

20 October 2014

Dollar gains as eurozone concerns linger The dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone

18 October 2014

Apple starts iPhone 6 sales in key China market Apple began selling its latest iPhone in China Friday, nearly a month after other major territories due to a licence delay by regulators.

17 October 2014

Kazakhstan to export oil to China and Iran should anti-Russian sanctions escalate The Ministry of National Economy of Kazakhstan is looking for alternative routes in case the West applies additional sanctions against Russia.

16 October 2014

Launch of Eurasian Economic Union may trigger growth of salaries in Kazakhstan Should the neighboring Kyrgyzstan access the Eurasian Economic Union, the issue of migrants may emerge (…) now we are working on suggestions on how to defend the national market: Minister of Healthcare and Social Development.

15 October 2014

Oil prices and currency rates approach alarming levels for Kazakhstan Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

15 October 2014

Russia's ruble hits new record low as oil price adds pressure Russia's ruble slumped to new all-time lows against the euro and dollar despite the central bank spending billions to defend the currency.

14 October 2014

Venezuela wants extra OPEC meeting to halt oil-price drop Venezuela will ask for an emergency meeting of OPEC countries to try to halt sliding oil prices, Foreign Minister Rafael Ramirez said.

11 October 2014

Brazil beef exports soar on Chinese, Russian demand Brazil beef exports jumped seven percent this year so far, in part due to rising Russian demand as Moscow turned away from US and European sources.

11 October 2014