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US, EU stocks fall as markets focus on dollar

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.

US, EU stocks fall as markets focus on dollar
Oil prices gain despite rising OPEC supply forecast

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

Oil prices gain despite rising OPEC supply forecast
Photo courtesy of Shutterstock
'Enormous' inventories to keep lid on oil price: IEA

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

'Enormous' inventories to keep lid on oil price: IEA
©Tengrinews
What is a Kazakh investor like: profile

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.

What is a Kazakh investor like: profile
©Reuters
Glencore cuts copper, zinc production to counter glut

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

Glencore cuts copper, zinc production to counter glut
©Reuters
Comcast in talks to acquire Dreamworks for $3 bn

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

Comcast in talks to acquire Dreamworks for $3 bn
First shipment of US natural gas to EU arrives

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.

First shipment of US natural gas to EU arrives
Saudi to take $10 billion foreign loan

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

Saudi to take $10 billion foreign loan
Oil plummets on Doha failure

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

Oil plummets on Doha failure
Photo courtesy of inzoloto.ru
Kazakhstan’s National Bank invests heavily into gold

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

Kazakhstan’s National Bank invests heavily into gold
OPEC warns on oil 'oversupply' ahead of crunch Doha meeting

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.

OPEC warns on oil 'oversupply' ahead of crunch Doha meeting
Europe 'negligent' over Chinese steel dumping: US boss

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

Europe 'negligent' over Chinese steel dumping: US boss
The rise of on-demand viewing divides Hollywood

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.

The rise of on-demand viewing divides Hollywood
Iran boosts oil production by 500K, condemns new sanctions

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

Iran boosts oil production by 500K, condemns new sanctions
Turkmenistan eyes Western markets with new $2.5 bln gas link

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.

Turkmenistan eyes Western markets with new $2.5 bln gas link
©Temirlan Ospanov
National Champions to increase Kazakhstan's exports and GDP

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

National Champions to increase Kazakhstan's exports and GDP
Weight Watchers soars after Oprah tips investment scale

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.

Weight Watchers soars after Oprah tips investment scale
OPEC chief confident of a balanced oil market in 2016

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

OPEC chief confident of a balanced oil market in 2016
Photo © Turar Kazangapov
Petrol follows tenge in free float: Kazakhstan government stops regulating prices

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

Petrol follows tenge in free float: Kazakhstan government stops regulating prices
Photo courtesy of wikipedia.org
Wikipedia blocks accounts linked to paid edits

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.

Wikipedia blocks accounts linked to paid edits