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Airport of Almaty city. ©Yaroslav Radlovsky
Foreign charter flights ban causes annual loss of $4.5 million to Almaty airport

The Airport of Almaty is loosing $4.5 million annually because of the ban on foreign charter flights from Kazakhstan.

Foreign charter flights ban causes annual loss of $4.5 million to Almaty airport
©Marat Abilov
Gasoline shortage in Kazakhstan is ridiculous: Nazarbayev

Kazakhstan President Nursultan Nazarbayev has declared that it was necessary to develop one more oil refinery in the country.

Gasoline shortage in Kazakhstan is ridiculous: Nazarbayev
"Journey to the West: Conquering the Demons, an action fantasy adaptation of a Chinese classic novel believed to date from the 16th century." Photo courtesy of twitchfilm.com
China box office revenue hits $3.6 bn in 2013: report

China's box office takings leaped to $3.6 billion last year, up 27.5 percent on 2012, as nearly 14 screens were added every day to the world's second-largest film market.

China box office revenue hits $3.6 bn in 2013: report
©Reuters/Kevork Djansezian
China to allow game console sales through FTZ

China has formally authorised game consoles made in a new Shanghai free-trade zone to be sold in the country, potentially opening its lucrative market up to the likes of Sony's PlayStation and Microsoft's XBox.

China to allow game console sales through FTZ
Seigey Buikevich riding Ispovednik. Photo courtesy of Kazakhstan Equestrian Federation
German businessmen offer 350 thousand Euro for horse from Kazakhstan

A German businessman wanted to buy a horse from Kazakhstan for 350 thousand Euro.

German businessmen offer 350 thousand Euro for horse from Kazakhstan
Fiat shares surge on Chrysler merger
Fiat shares surge on Chrysler merger

Shares in Fiat soared on Thursday after it announced it would take full control of Chrysler, with optimism for the historic deal's potential outweighing concerns over its cost.

Fiat shares surge on Chrysler merger
©RIA Novosti
Ban on export of oil products from Kazakhstan prolonged until July 2014

Ban on export of petroleum products from Kazakhstan has been prolonged until the second half of 2014.

Ban on export of oil products from Kazakhstan prolonged until July 2014
China stock market disappoints on double cash crunch
China stock market disappoints on double cash crunch

A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.

China stock market disappoints on double cash crunch
Assembly of SsangYong car. Photo courtesy of cas-agro.kz
Car production to increase 1.5-fold in 2014 in Kazakhstan

53-55 thousand cars will be assembled in Kazakhstan in 2014.

Car production to increase 1.5-fold in 2014 in Kazakhstan
Greece's Finance Minister Yannis Stournaras. ©Reuters/Francois Lenoir
Greece eyes return to bond markets in 2nd half of 2014

Bailed-out Greece is hoping to return to bond markets in the second half of 2014 -- but only if growth and a primary budget surplus permits, its finance minister said Sunday.

Greece eyes return to bond markets in 2nd half of 2014
US stocks rise amid wave of positive sentiment
US stocks rise amid wave of positive sentiment

US stocks edged towards the finale of a banner 2013 in buoyant fashion this week, repeatedly reaching new records on a string of solid economic data.

US stocks rise amid wave of positive sentiment
Lakshmi Mittal. Photo courtesy of zpravda.kz
Lakshmi Mittal asks Kazakhstan's employees to hunker down

Lakshmi Mittal met with ArcelorMittal Temirtau plant top-managers and called them to reduce expenses and make goods more competitive.

Lakshmi Mittal asks Kazakhstan's employees to hunker down
©Marat Abilov
Mortgage loans are for rich people: Kazakhstan's central bank governor

Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.

Mortgage loans are for rich people: Kazakhstan's central bank governor
Photo courtesy of wikipedia.org
Crude prices down in quiet Asian trade

Oil prices edged lower in quiet Christmas Eve trade in Asia Tuesday as dealers engaged in profit-taking, with a lack of leads to spur fresh market movement, analysts said.

Crude prices down in quiet Asian trade
Photo courtesy of silkroaddrugs.org
US charges three more people in Silk Road website case

US authorities said Friday three more people were charged in connection with the operation of Silk Road, the online black market bazaar for drugs, hacker tools and other illicit goods.

US charges three more people in Silk Road website case
EU finance ministers reach banking union deal
EU finance ministers reach banking union deal

EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

EU finance ministers reach banking union deal
Metal production. ©tengrinews.kz
Kazakhstan's GDP grows 6% in 11 months

Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013: Statistics Agency.

Kazakhstan's GDP grows 6% in 11 months
©Reuters/Roy Madhur
China's graft crackdown hits watches, luxury market

Luxury watch sales fell in the key Chinese market this year in the face of a crackdown on corruption and extravagance, a global consultancy said.

China's graft crackdown hits watches, luxury market
Tengrinews.kz file photo
Kazakhstan, Russia and Ukraine to storm global grain market together

Kazakhstan, Russia and Ukraine are intending to coordinate their actions at the global grain market: Vladimir Putin.

Kazakhstan, Russia and Ukraine to storm global grain market together
©Yaroslav Radlovsky
Toyota spare parts traders refuse to import goods from Russia

Almaty Toyota spare part traders say that the scheme proposed by official Toyota brand representative in Kazakhstan is cost-inefficient .

Toyota spare parts traders refuse to import goods from Russia