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Nursultan Nazarbayev  © RIA Novosti Nazarbayev launches new enterprises President of Kazakhstan Nursultan Nazarbayev launched a number of new enterprises via a teleconference.
17 July 2014
China's growth speeds up to 7.5%, beats expectations Chinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world's second-largest economy.
16 July 2014
©Reuters/Yuya Shino Bank of Japan holds off fresh stimulus, says economy recovering The Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.
15 July 2014
Photo courtesy of abali.ru Gold shines as investors seek shelter; oil drops again Gold prices zoomed this week to a four-month peak as investors sought shelter from weak eurozone data and fears of contagion from a bank's problems in Portugal, dealers said.
12 July 2014
Photo courtesy of newskaz.ru. Delay in Armenia's accesion to EEU is due to technical reasons, not political ones: expert Armenia's accession to the Eurasian Economic Union (EEU) is delayed due to organizational reasons, not geopolitical or political ones.
10 July 2014
OECD logo OECD to share experience with Kazakhstan The OECD (Organisation for Economic Co-operation and Development) and Kazakhstan are planning to agree upon and sign a country cooperation program for 2015-2016.
10 July 2014
China's economy on track as June trade surplus jumps China's monthly trade surplus jumped 16.4 percent in June to $31.6 billion, official data showed Thursday, as exports and imports both rose in the latest sign of recovering strength in the world's second-largest economy.
10 July 2014
Kazkom logo ©wikipedia.org Kazkom-BTA merger may produce largest universal bank in region Kazkommertsbank and Kazakh businessman Kenes Rakishev have completed the acquisition of BTA Bank from Samruk Kazyna Kazakhstan's national wealth fund.
07 July 2014
'40 percent' of Madagascar budget lost to corruption: PM Madagascar's Prime Minister Roger Kolo has vowed to stamp out corruption after revealing that 40 percent of his country's budget is lost to graft.
05 July 2014
Bank of Japan Governor Haruhiko Kuroda. ©Reuters/Yuya Shino Japan tax hike boosts inflation, hurts spending in May Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
27 June 2014
©REUTERS Global economic situation requires state budget changes: Massimov Prime Minister of Kazakhstan Karim Massimov said that changes to the state budget were needed to support the Kazakhstan economy afore the changing economic situations in Russia and China.
25 June 2014
German Finance Minister Wolfgang Schaeuble. ©Reuters/Thomas Peter New debt would be 'worst possible' error in EU: Schaeuble Running up new debt would be "the worst possible" thing to do, German Finance Minister Wolfgang Schaeuble said on Tuesday as a debate resurfaces over an easing of EU fiscal rules.
24 June 2014
Australian Treasurer Joe Hockey. ©Reuters/Tim Wimborne G20 lagging on growth targets: Australia Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.
23 June 2014
Photo courtesy of minplan.gov.kz Ongoing crisis in Ukraine negatively affects Kazakhstan's economy: Dossayev Kazakh Minister of Economy and Budget Planning Yerbolat Dossayev said that the ongoing crisis in Ukraine and the slowdown of the Russian economy posed risks to the Kazakhstan economy.
22 June 2014
After eurozone crisis, IMF rethinks rescues The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014
King Abdullah II and Nursultan Nazarbayev. Photo © Ministry of Foreing Affairs of Kazakhstan Nazarbayev and Abdullah II discuss cooperation between Kazakhstan and Jordan President Nazarbayev has discussed prospects and development of bilateral cooperation with the King of Jordan Abdullah II.
20 June 2014
© Yaroslav Radlovsky Three major projects sealed by Kazakhstan and Korea Kazakhstan and Korea have agreed on three major joint projects: construction of the Balkhash Thermal Power Plant, construction of a gas chemical facility in Atyrau Oblast and development of Zhambyl oil and gas field.
20 June 2014
Argentina says won't make next bond payment in US Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.
19 June 2014
Kazakhstan GDP growth slows down: S&P Standard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.
18 June 2014
Argentine president says country will avoid debt default President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.
17 June 2014
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