News about economy

Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.

25 December 2013

Minister of Industry opposes closure of economic zones in Kazakhstan The Ministry of Industry and New Technologies of Kazakhstan is trying to dissuade the Government from closing Special Economic Zones.

24 December 2013

Nazarbayev calls to make industrialization effort more focused Kazakhstan President Nursultan Nazarbayev has instructed the Government to focus on several directions in the country’s industrialization.

23 December 2013

Urban countermagnets to be built around large Kazakhstan cities Urban countermagnets will be built around Kazakhstan's large cities.

20 December 2013

Kazakhstan's GDP grows 6% in 11 months Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013: Statistics Agency.

19 December 2013

Over 1 million sq m of housing commissioned in Astana this year Over 1 million square meters of housing has been commissioned in Astana this year.

19 December 2013

Kazakhstan, Russia and Ukraine to storm global grain market together Kazakhstan, Russia and Ukraine are intending to coordinate their actions at the global grain market: Vladimir Putin.

18 December 2013

Seven heritages of Kazakhstan: Nazarbayev Kazakhstanis have gained seven precious heritages as a gift, said President Nursultan Nazarbayev at the meeting dedicated to the celebration of the Independence of Kazakhstan.

18 December 2013

Eurozone ministers make progress on Banking Union Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.

18 December 2013

Kazakhstan to establish green economy investment fund An investment fund for development of the green economy will be established in Kazakhstan.

17 December 2013

Kazakhstan to retain level of state support to agriculture after entering WTO Kazakhstan’s accession into the WTO is not going to affect the level of state support to agriculture: Vice-Minister of Agriculture.

16 December 2013

Kazakhstan companies can find niches at African market Kazakhstan businesses can find niches at African markets: Foreign Minister of Kazakhstan Yerlan Idrissov.

13 December 2013

Cheap money party over, analysts warn as fears rise of asset bubbles Cash is so cheap these days that investors have been borrowing and ploughing them in assets from artwork to wine to bitcoins, betting that prices would rise.

13 December 2013

Netherlands poised to become Kazakhstan's food security partner The Netherlands is planning to become Kazakhstan's partner in ensuring food security: Netherlands Ambassador to Kazakhstan.

11 December 2013

Bitcoin may threaten Kazakhstan's financial stability: Dalenov Bitcoin currency may be a threat to the financial system of Kazakhstan: Kazakhstan Vice-Minister of Finance Ruslan Dalenov.

10 December 2013

US jobless rate drops to five-year low The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program.

07 December 2013

No fear of 'Mandela crash' for Africa's largest economy Economists slapped down speculation that Nelson Mandela's death could prompt an economic and financial slump in South Africa, but warned the gains he inspired remain fragile.

07 December 2013

Science-driven economy is impossible without an effective education system: Nazarbayev Kazakhstan is going to focus on hard sciences to further enhance the country's growing economy.

06 December 2013

Tokyo to launch $53.8 bn stimulus package Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.

05 December 2013

Average salary to reach $1000 in five years in Kazakhstan Average salary will make 150 thousand tenge ($980) in five years in Kazakhstan: Minister of Economy and Budget Planning of Kazakhstan.

05 December 2013

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