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Russia's ruble hits new record low as oil price adds pressure
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.

Russia's ruble hits new record low as oil price adds pressure
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.

Eurasian Economic Union to resolve Kazakhstan's fuel problems
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.

Kazakhstan to export lamb to Bahrain and later to China and Iran
Photo ©RIA Novosti
Additional gas to be imported from Russia: KazMunaiGas Onimderi

KazMunaiGaz will import addition AI-92 gas from Russia to Kazakhstan.

Additional gas to be imported from Russia: KazMunaiGas Onimderi
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'.

Kazakh tour companies losing market to Russian firms
Yellen: US jobs market 'yet to fully recover'
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.

Yellen: US jobs market 'yet to fully recover'
©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.

Kazakhstan’s dairy kings not interested in Russian market
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.

Re-export of banned goods to Russia through Kazakhstan and Belarus
©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.

Kazakh President orders demolition of all unregulated markets
Photo courtesy of Assemgul Khassenova
New Air Kazakhstan airplanes presented in Astana

Bombardier Aerospace has presented a Q400 NextGen airplane in Astana. Kazakhstan is planning to purchase several of those for its new airlines.

New Air Kazakhstan airplanes presented in Astana
Samsung Electronics flags 25% plunge in Q2 profit
Samsung Electronics flags 25% plunge in Q2 profit

Samsung estimated Tuesday that its operating profit would plunge nearly 25 percent on year in the second quarter of 2014, as cheap Chinese devices and a strong won hammered down its share of the global smartphone market.

Samsung Electronics flags 25% plunge in Q2 profit
Oil extends losses on return of Libyan supplies
Oil extends losses on return of Libyan supplies

Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.

Oil extends losses on return of Libyan supplies
©Reuters/Alexander F. Yuan
Landmark Swiss-China free-trade deal comes into force

A watershed free-trade deal between China and Switzerland came into force on Tuesday, the first such accord between the Asian giant and a mainland European economy.

Landmark Swiss-China free-trade deal comes into force
Morocco Finance Minister Mohamed Boussaid. Photo courtesy of moroccoworldnews.com
Morocco raises 1bn euro bond on international market

Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 percent, Finance Minister Mohamed Boussaid said.

Morocco raises 1bn euro bond on international market
Keep calm and drink tea, Kazakhstan spends millions to import it
Keep calm and drink tea, Kazakhstan spends millions to import it

Kazakhstan is steadily increasing its import of tea, which reached 32,000 tons worth $147 million in 2013 alone.

Keep calm and drink tea, Kazakhstan spends millions to import it
©Roza Yesenkulova
Trade centers being constructed in place of Almaty's flea market

Construction of modern trade centers has begun in place of the demolished Almaty flea markets known as Barakholka located in the outskirts of the city.

Trade centers being constructed in place of Almaty's flea market
IEA Executive Director Maria van der Hoeven. Photo courtesy of energlobe.eu
China set for 'Golden Age' of natural gas

Demand for natural gas is set to nearly double within five years in China but the emerging market giant will meet half that with domestic supplies, the International Energy Agency said.

China set for 'Golden Age' of natural gas
©Reuters/David Gray
Mining exports drive Australian growth

Surging mining exports powered the Australian economy to better-than-expected 1.1 percent growth in the first quarter of the year, data showed Wednesday, but Treasurer Joe Hockey said he was also encouraged by a pick-up in other sectors.

Mining exports drive Australian growth
Tengrinews.kz file photo
China to purchase wheat from Kazakhstan

China is going to purchase 100 thousand tons of wheat from Kazakhstan.

China to purchase wheat from Kazakhstan
Security tight in China's Urumqi after market attack
Security tight in China's Urumqi after market attack

Security was tight Saturday in Urumqi, the capital of China's Xinjiang, two days after the volatile Muslim Uighur homeland suffered its bloodiest attack in years, leaving 43 people dead, including four assailants.

Security tight in China's Urumqi after market attack