News about economy

Hungary to simplify visa regime for Kazakhstan Hungary plans to simplify the visa regime for Kazakhstani citizens.

03 April 2015

KazKommertsBank names new Chairman of Directors Board and Chairman of Management Board The Board of Directors of KazKommertsBank has named the new Chairman of the Board of Directors and the new Chairman of the Management Board.

01 April 2015

Tesla shares jump on Musk 'tease' in tweet Tesla Motors shares jumped Monday after co-founder Elon Musk tweeted that the company would unveil as "major" new product line next month.

31 March 2015

Soros ready to pour $1 bn into Ukraine US financier George Soros said Monday he was ready to invest $1 billion in Ukraine if the West promised to help the embattled country.

30 March 2015

Greece seeks 'happy ending' as creditors mull loan deal Greek Prime Minister Alexis Tsipras said in remarks published he hoped key talks with international creditors would yield a "happy ending".

30 March 2015

After charm offensive, EU pressure on Greece for reform results A charm offensive by Greece's prime minister this week calmed bruised relations with Germany, but pressure remains on Athens to deliver on promised reforms.

25 March 2015

I have no doubt Nursultan Nazarbayev will win elections: Russian economist Mikhail Khazin A prominent Russian economist Mikhail Khazin has expressed firm confidence in Nazarbayev’s victory in the forthcoming elections.

21 March 2015

Kazakhstan mulls halving crude export duty In the wake of dropping oil prices, the crude export duty rate in Kazakhstan, according to Halyk Finance analytics, could be reduced by half.

21 March 2015

Kazakhmys suspends unprofitable enterprises, no layoffs expected Kazakhstan’s Kazakhmys, a major copper producer in Kazakhstan, has suspended its unprofitable enterprises.

20 March 2015

Greece to submit new reform list within days: statement Greece has agreed to give creditors a new list of reforms within days in order to secure bailout funds.

20 March 2015

British PM creates fund to curb Russian influence: reports British Prime Minister David Cameron is establishing a fund to help Eastern European states resist pressure from Russia, several media outlets reported.

20 March 2015

EU's Russia sanctions extended to end-2015: Tusk EU leaders agreed to effectively extend economic sanctions against Russia until the end of 2015.

20 March 2015

Britain awaits critical pre-election budget Britain's coalition government will deliver a highly political budget Wednesday that will set the stage for a knife-edge election battle in 50 days' time.

18 March 2015

EU, Germany raise 'Grexit' alarm over Greece bailout EU Commission chief Jean-Claude Juncker has warned of an alarming lack of progress in talks on Greece's bailout, as Germany raised the spectre of a tumultuous Greek exit from the euro.

14 March 2015

Twitter buys livestream app maker Periscope Twitter said it had purchased the maker of the video streaming app Periscope, amid what seems to be surging interest in live video sharing.

14 March 2015

France stuck in deflation in February: official The French economy, the second largest in the eurozone, remained stuck in deflation in February, according to official figures published.

12 March 2015

A German king, a Greek crown - historic roots of troubled ties Greece has railed against what it sees as German dominance since the 2010 start of the eurozone financial crisis.

12 March 2015

Nazarbayev speaks reforms, including moving powers from President to Parliament President of Kazakhstan Nursultan Nazarbayev spoke about five institutional reforms he envisions for Kazakhstan that would ensure its move towards a developed and harmonious society.

11 March 2015

Asian firms challenge Apple with snazzy new smartphones Several big Asian phone companies launched new high-end smartphones and other wireless gizmos, hoping to challenge US giant Apple in a big year for wireless gadgets.

02 March 2015

Google hits back at rivals with futuristic HQ plan Google unveiled plans for a new campus headquarters integrating wildlife and sweeping waterways, aiming to make a big statement in Silicon Valley.

28 February 2015

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