News about economy
Putin acknowledges that Kazakhstan outinvestes Russia
President of Russia Vladimir Putin told Nursultan Nazarbayev that Kazakhstan invested $700 million more into Russia than Russia did into Kazakhstan in 2012.
13 November 2013
EU to hold France, Germany to account in push for growth
The EU will this week test a new system to ensure states toe economic rules when it decides whether to challenge eurozone giants Germany and France, over their growth and deficit policies.
12 November 2013
Venezuela expands crackdown on prices
Venezuelans mobbed appliance and other stores Monday to cash in on price cuts ordered by the leftist government as local elections loom.
12 November 2013
China to allow more private investment in state firms: report
China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
12 November 2013
Kazakhstan lifts restrictions from import of Russian petrol
The government of Kazakhstan has lifted restrictions from import of petrol from Russia.
12 November 2013
Building relationships with Russia is like constructing a skyscraper: Nazarbayev
Kazakhstan President Nursultan Nazarbayev has compared development of the Kazakhstan-Russia relations with construction of a skyscraper.
11 November 2013
US shutdown cost $2.0 billion in lost govt output
The 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
08 November 2013
Twitter to hit Wall Street with hefty price tag
Twitter will make its Wall Street debut Thursday with a price tag of $26 per share, bidding to raise up to $2.1 billion in the most eagerly awaited stock offering since Facebook.
08 November 2013
Taiwan signs free trade deal with Singapore
Taiwan signed a free trade deal with Singapore on Thursday, its first with a Southeast Asian country, as the diplomatically isolated island steps up efforts to join regional economic blocs.
07 November 2013
Tethys Petroleum selling 50 percent of Kazakh assets to Chinese equity fund
Tethys Petrolium is selling 50 percent of its Kazakhstan assets to SinoHan Oil and Gas Investment.
07 November 2013
International organizations compromise Central Asian integration
According to Deputy Secretary of the Security Council of Kazakhstan Marat Shaikhutdinov, external players are more concerned with the integration of Central Asia than the region itself is.
05 November 2013
Kazakhstan's 3-year budget based on $90 per barrel oil price
Kazakhstan has based its new 3-year budget on the oil price of $90 per barrel.
05 November 2013
Millions of Americans see food stamp cuts
The US Congress on Friday allowed an estimated $5 billion cut to a federal food stamps program to take effect, slashing the social safety net for the poor, elderly and disabled.
03 November 2013
China manufacturing index hits 18-month high: govt
Chinese manufacturing grew at its strongest pace in 18 months in October, figures showed Friday, but government and independent analysts warned underlying data suggest economic weaknesses remain.
01 November 2013
Toxic US corporate culture unchanged: TARP watchdog
Five years after the US financial crisis forced the massive government TARP bailout, the US corporate culture remains toxic and breeding crime.
29 October 2013
Oil-rich Kuwait warns welfare state unsustainable
Oil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.
29 October 2013
Sandy clean-up 'enormous' one year on
A year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.
27 October 2013
Australia inflation jumps, dashes rate cut hopes
Australian inflation rose by a stronger-than-expected 1.2 percent in the July-September period compared to the previous quarter.
23 October 2013
Future of inefficient Kazakhstan's free economic zones to be decided
The future of the ineffective free economic zones in Kazakhstan will be decided on by the year end.
22 October 2013
Famous American economist Jeremy Rifkin to hold master-class in Astana
Jeremy Rifkin, a famous American economist, will hold a master-class in Astana next week.
18 October 2013