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US and EU stocks drifted lower on Friday while euro struck a 12-month low against dollar on market expectations of US interest rate hike.

Oil prices on the rise joining the positive movement on equities markets despite a new forecast from producing countries for 2017.

A huge overhang in oil stocks will keep a cap on any further oil price rises even as supply and demand move towards balance: IEA

Kazakhstanis who venture into financial markets are mostly males aged 30 to 40+ from Almaty wielding a capital of 100,000 to 5000,000 euro.

Commodities giant Glencore cut its copper and zinc production in the first quarter as it struggles to rein in the abundance of supply.

US cable operator Comcast is in talks to acquire Shrek and Kung Fu Panda studio DreamWorks Animation for more than $3 billion.

In a move which could lead to continental price wars and reduce Russian market domination, the first shipment of US natural gas to the European Union arrived.

Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.

Oil plunged Monday a day after top producers failed to reach a deal in Doha to cap output.

Kazakhstan’s National Bank has been steadily increasing its gold reserves over the past few years.

OPEC warned that the world remains awash with crude ahead of a crunch meeting in Doha to discuss a production freeze to boost the oil price.

The head of US Steel has accused Britain and the wider European Union of negligence over China dumping cheep steel on world markets.

Hollywood's traditional media players are facing an unprecedented challenge to their business model as 'cord-cutters' opt to cancel their expensive cable subscriptions in favor of on-demand streaming services.

Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.

Turkmenistan hailed on Wednesday the completion of a $2.5 billion gas pipeline connecting its abundant eastern gas fields to the Caspian Sea while potentially expanding Europe's energy security options.

National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.

Weight Watchers shares more than doubled in value after US media star Oprah Winfrey said she will buy a 10 percent stake in the struggling company.

OPEC is confident that the oil market will be "more balanced" next year as non-OPEC production has contracted and global demand is increasing.

After the announcement that Kazakhstan governoment was stopping price regulation for petrol, prices spiked throughout Kazakhstan.

Wikipedia said that it has blocked more than 300 accounts being used by people being paid to create or tweak entries at the communally sourced online encyclopedia.
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