site.news_by_theme economy
Re-export of banned goods to Russia through Kazakhstan and Belarus
Vladimir Putin’s response to the countries supporting sanctions against Russia in the form of an import ban might not be as effective as expected.
11 August 2014
Russia's stocks soar after avoiding delisting
The shares of Russia's two biggest banks soared after avoiding being delisted from a top emerging markets index as part of the West's response.
11 August 2014
2 applicants per university scholarship in Kazakhstan: Ministry of Education
For the upcoming 2014-2015 school year, there are a little over 2 applicants per a scholarship.
07 August 2014
Kazakhstan’s GDP real growth expected at 4.8%: IMF
According to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.
07 August 2014
Argentina faces default as 'vulture fund' talks fail
Last-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.
31 July 2014
Bank of Cyprus completes $1 bn private share placement
Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
30 July 2014
With new default looming, Argentina urges calm
Argentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.
29 July 2014
Kazakh experts doubt anti-Russian sanctions can damage Kazakhstan
Some experts in Kazakhstan believe the country can manage to avoid negative consequences of Western sanctions against Russia.
24 July 2014
Turkey willing to join free trade area with Customs Union
Turkey has put on the agenda an issue of establishing a free trade area with the Customs Union.
21 July 2014
Industrial State Program had little effect on Kazakhstan's economy: Nazarbayev
Nurusltan Nazarbayev has summarized the results of the implementation of the first 5 years of the State Program of Accelerated Industrial and Innovative Development.
21 July 2014
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
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
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
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 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-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
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