Nazarbayev launches new enterprises
President of Kazakhstan Nursultan Nazarbayev launched a number of new enterprises via a teleconference.
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.
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.
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.
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.
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.
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.
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.
'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.