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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.

04 January 2014

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.

02 January 2014

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.

01 January 2014

Car production to increase 1.5-fold in 2014 in Kazakhstan 53-55 thousand cars will be assembled in Kazakhstan in 2014.

31 December 2013

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.

30 December 2013

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.

28 December 2013

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.

27 December 2013

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.

25 December 2013

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.

25 December 2013

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.

22 December 2013

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.

19 December 2013

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.

19 December 2013

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.

19 December 2013

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.

18 December 2013

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 .

16 December 2013

Ford to open plants in China, Brazil; add 5,000 US jobs US automaker Ford said Thursday it will open two new plants in China and a third in Brazil next year while adding more than 5,000 jobs in the United States.

13 December 2013

Hit like ton of BRICS: 2013 tough year for emerging markets Only recently hailed as the saviours of the world economy, emerging markets had a tough year in 2013, hit by slow growth, market instability and social unrest that have worried investors -- though some analysts say the fear is overblown.

12 December 2013

Almaty's flea market on fire again The largest flea market of Almaty city has been burning again.

12 December 2013

Apple wins court battle against Samsung South Korea's Samsung on Thursday lost its latest claim in a long-running global copyright battle against bitter rival Apple, a surprise blow to the electronics giant in its home market.

12 December 2013

Chinese investors look to mine Bitcoin volatility Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.

11 December 2013

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