News about economy
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 12:30
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 15:00
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 12:48
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 18:40
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 13:23
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 10:44
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 00:07
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 11:16
S&P lowers Kazakhstan's credit-rating outlook to Negative
Standard & Poor’s has changed Kazakhstan’s credit-rating outlook from Stable to to Negative.
16 June 2014 14:49
Morocco raises 1bn euro bond on international market
Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 percent, Finance Minister Mohamed Boussaid said.
14 June 2014 16:16
Japan's Q1 growth fastest in more than two years
Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.
10 June 2014 20:12
Kazakhstan wants to export coal to Ukraine, China and Europe
Kazakhstan is viewing Ukraine, China and Europe as new markets for its coal.
02 June 2014 17:35
Shuvalov outlines Eurasian Economic Union timeframe and benefits
Prominent Russian politician Igor Shuvalov talked about benefits of the Eurasian Economic Union in Kazakhstan's Astana.
30 May 2014 01:06
Eurasian Economic Union Treaty signed in Astana
The president of Belarus Alexander Lukashenko, Kazakhstan’s president Nursultan Nazarbayev, and Russia’s Vladimir Putin has signed the Treaty establishing the Eurasian Economic Union.
29 May 2014 16:12
Putin to seal new post-Soviet union with Belarus, Kazakhstan
Russian President Vladimir Putin on Thursday arrived in the Kazakh capital where he was set to sign a deal with his Kazakh and Belarussian counterparts creating a new economic union championed by Moscow.
29 May 2014 14:10
Nursultan Nazarbayev meets Malaysian PM
President of Kazakhstan Nursultan Nazarbayev has met the Prime Minister of Malaysia Najib Tun Razak.
27 May 2014 18:35
Astana shadow economy worth around $4 billion
Astana’s mayor Imangali Tasmagambetov declared that the shadow economy in Kazakhstan’s capital Astana is worth around 540 billion tenge ($3.97 billion).
27 May 2014 16:44
China to purchase wheat from Kazakhstan
China is going to purchase 100 thousand tons of wheat from Kazakhstan.
26 May 2014 01:35
CICA adopts Shanghai declaration
Participants of the 4th Conference on Interaction and Confidence Building Measures in Asia (CICA) have adopted a Shanghai declaration.
23 May 2014 17:53
Kazakhstan should be ready for global economic slowdown: President Nazarbayev
We should be ready to face a substantial weakening of the global economy growth (…) the situation seems to be worsening, rather than getting better: President Nazarbayev.
23 May 2014 15:41