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General view of IKEA's first city centre store. ©REUTERS Ikea ruffles a few feathers with first Korean store Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.
16 December 2014
Oil prices mixed ahead of key OPEC meeting Oil prices were mixed in Asia ahead of a crucial meeting of the OPEC cartel later in the week that will discuss whether to trim output, analysts said.
24 November 2014
©Reuters 'Call of Duty' blasts past $10 bn in sales Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales.
21 November 2014
Kuwait sees no output cut at OPEC meeting OPEC is not likely to cut crude output when it meets later this month amid hopes that the market will absorb surplus supplies, the Kuwaiti oil minister said.
11 November 2014
©Tengrinews reports Deloitte, PwC, KPMG have captured Kazakh market: MP Kazakh MP Vladislav Kosarev has declared that something needs to be done about the foreign audit companies that have captured the Kazakh market.
31 October 2014
Photo courtesy of ortcom.kz Governor of National Bank of Kazakhstan sees no reasons to worry about dynamics on international markets Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.
31 October 2014
French unemployment hits new record Unemployment in France hit a new record in September, with official statistics published showing 3.43 million people claimed jobless benefits.
25 October 2014
©REUTERS Virus-free potato to hit Kazakhstan market in 2016 Kazakhstani scientists have developed virus-free potato that will soon hit the shelves of Kazakh stores.
23 October 2014
©REUTERS Dollar gains as eurozone concerns linger The dollar Friday climbed against other currencies following dovish comments from US and British central bankers and continued concern about the eurozone
18 October 2014
Apple starts iPhone 6 sales in key China market Apple began selling its latest iPhone in China Friday, nearly a month after other major territories due to a licence delay by regulators.
17 October 2014
©REUTERS Oil prices and currency rates approach alarming levels for Kazakhstan Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.
15 October 2014
Russia's ruble hits new record low as oil price adds pressure Russia's ruble slumped to new all-time lows against the euro and dollar despite the central bank spending billions to defend the currency.
14 October 2014
Lyazzat Kiinov. Photo courtesy of pm.kz Eurasian Economic Union to resolve Kazakhstan's fuel problems The Eurasian Economic Union, according to the former head of the KazMunaiGas Lyazzat Kiinov, will have a positive effect on the situation with petrol in Kazakhstan.
10 October 2014
Photo © tengrinews Kazakhstan to export lamb to Bahrain and later to China and Iran Kazakhstan's agriculture development holding KazAgro has started exporting meat to Bahrain.
19 September 2014
Photo ©RIA Novosti Additional gas to be imported from Russia: KazMunaiGas Onimderi KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.
01 September 2014
Photo © Turar Kazangapov Kazakh tour companies losing market to Russian firms Kazakhstani tour operators may eventually be forced out of business by Russian companies through 'dumping'.
30 August 2014
Yellen: US jobs market 'yet to fully recover' Federal Reserve Chair rebuffed pressure from inflation hawks to move faster toward a rate hike, saying the US jobs market still shows slack.
23 August 2014
©RIA News Kazakhstan’s dairy kings not interested in Russian market Kazakhstan’s leading producers of dairy products Rodina and Zenchenko and Co are not planning to enter the Russian market.
14 August 2014
Novosibirsk shopper in a cheese aisle. Photo © RIA Novosti Re-export of banned goods to Russia through Kazakhstan and Belarus Vladimir Putin’s response to the countries supporting sanctions against Russia in the form of an import ban might not be as effective as expected.
11 August 2014
©Roza Yessenkulova Kazakh President orders demolition of all unregulated markets The issue of demolishing unregulated markets in Kazakhstan has been raised more than once. Now, Kazakhstan President Nazarbayev is ordering their closure across the entire country.
06 August 2014
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