site.news_by_theme Market

Crude prices up after Crimea referendum
Crude prices up after Crimea referendum

Oil prices rose in Asia Monday on increased geopolitical tensions as the United States hinted at fresh sanctions against Moscow after Crimea voted in a referendum to break away from Ukraine and join Russia.

Crude prices up after Crimea referendum
High excise tax on cigarettes spur illegal traffic
High excise tax on cigarettes spur illegal traffic

Increase of the Kazakhstan excise tax on cigarettes has triggered an increase in illegal traffic from Kyrgyzstan in 2013.

High excise tax on cigarettes spur illegal traffic
Illustration of Tengrinews.kz
Kazakhstan wants to bring $6 billion out of shadows of its economy

The Government of Kazakhstan is considering a package of countermeasures against its off-the-books economy for 2014-2015.

Kazakhstan wants to bring $6 billion out of shadows of its economy
Football: Nike overtake Adidas in World Cup teams battle
Football: Nike overtake Adidas in World Cup teams battle

Nike will supply the kit for more teams than Adidas for the first time ever at this year's World Cup finals.

Football: Nike overtake Adidas in World Cup teams battle
Flower market in Almaty city. ©Yaroslav Radlovsky
Kazakhstan imports $154 million worth of flowers a year

More than 263 million flowers - 20 thousand tons - totally worth about $154 million were imported to Kazakhstan in 2013.

Kazakhstan imports $154 million worth of flowers a year
©Reuters
Kazakhstan wants sole operator for Russian petroleum products supplies

A KazMunaiGas subsidiary will be made the only operator managing petroleum products supplies from Russia.

Kazakhstan wants sole operator for Russian petroleum products supplies
©Marat Abilov
Kazakhstan to issue Eurobonds

The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.

Kazakhstan to issue Eurobonds
©Reuters/Joe Skipper
Cuban cigar sales up 8 percent in 2013

Cuban cigar sales were up eight percent in 2013, reaching $447 million, with strongest market gains in China.

Cuban cigar sales up 8 percent in 2013
©Tengrinews.kz
$4 billion worth of food imported in Kazakhstan in 2013

Kazakhstan imported $4 billion worth of food products last year.

$4 billion worth of food imported in Kazakhstan in 2013
Photo courtesy of  businesswired.files.wordpress.com
Business Wire halts high-speed wire for fast traders

Business Wire, a service used for corporate news releases, said Thursday it would stop selling its high-speed wire to Wall Street traders seeking to get a jump on the market.

Business Wire halts high-speed wire for fast traders
©Marat Abilov
Kazakhstan poised to decrease prime cost of meat

Kazakhstan intends to decrease the prime cost of the meat it produces by 100-150 tenge ($0.60-0.80).

Kazakhstan poised to decrease prime cost of meat
Emir Baigazin and producers Anna Vilgelmi and Alex Chang
Wounded Angel, Emir Baigazin's new project, gains ARTE award at European Film Market 2014

Wounded Angel, a new project of Kazakhstan film director Emir Baigazin, has won the ARTE award at the European Film Market 2014.

Wounded Angel, Emir Baigazin's new project, gains ARTE award at European Film Market 2014
Photo courtesy of eurosunmed.eu
Oil markets tight, IEA warns

World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.

Oil markets tight, IEA warns
©Reuters
Devaluation may drive airline tickets up in Kazakhstan

Airlines are adjusting their ticket prices to the new exchange rate of the tenge.

Devaluation may drive airline tickets up in Kazakhstan
Akim Akhmetzhan Esimov. Photo © Yaroslav Radlovsky
Mayor of Almaty orders to keep prices down

The Akim (Mayor) of Almaty Akhmetzhan Yesimov has instructed the city authorities to keep prices down amid the devaluation of tenge.

Mayor of Almaty orders to keep prices down
Bely Veter store closed. ©Marat Abilov
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation

Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.

20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
Photo©REUTERS
Kazakhstan exports over 5 million tons of grain this year

Kazakhstan has exported more than 5 million tons of grain since the beginning of the marketing year.

Kazakhstan exports over 5 million tons of grain this year
©Dmitriy Khegai
900 firefighters quench Barakholka in Almaty

he flames initially engulfed 400 square meters of the flea market section called Jupiter packed with a variety of consumer goods and tried to spill into the neighboring Alatau-1 section, but were thrown back by the firefighters.

900 firefighters quench Barakholka in Almaty
Still-frame from Tengrinews TV video
Almaty's 'Optovka' catches fire

A fire has broken out at one of Almaty markets continuing the last year’s series of frequent market fires.

Almaty's 'Optovka' catches fire
ENRC
ENRC explains its delisting from LSE

Kazakhstan's billionaire Aleksandr Mashkevich has explained why ENRC chose to be delisted from the London Stock Exchange.

ENRC explains its delisting from LSE