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South Korea's Samsung announced the launch of its mobile payment service in China, a market its arch-rival Apple entered six weeks ago.

Kazakhstan is increasing the salary of teachers from January 1, 2016.

A former Portuguese police officer who headed the investigation into the 2007 disappearance of British girl Madeleine McCann was ordered to pay 500,000 euros to her parents in a libel case.

The new legislation will cover new types of payments. It will set a legal framework for mobile carriers to make payments, using the subscribers’ accounts: Central Bank official.

Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.

US online retail giant eBay unveiled plans to spin off PayPal, aiming to help the unit compete better in the fast-moving online payments segment.

Experts believe that Kazakhstan does not need its own payment system and doesn't have the conditions to effectively introduce it.

Payment system in Kazakhstan may be rebased to mobile phones in future, according to Prime Minister of Kazakhstan Karim Massimov.

Kazkommertsbank has launched a contactless payment system that uses mobile phones in Kazakhstan.

Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.

Paris authorities said Thursday they would make public transport free for three days to encourage drivers to leave their vehicles behind due to severe pollution caused by unusually warm weather.

Rebekah Brooks, who edited Rupert Murdoch's British tabloids, told her trial Thursday that she had sanctioned payments to public officials for stories with an "overwhelming public interest".

New York City said Thursday it will pay out $6.4 million to a man who spent 23 years in prison for the murder of a rabbi that he did not commit.

Member of the Majilis (Lower Chamber of the Parliament) Tursynbek Omurzakov has offered to increase one-time benefit at child birth.

Kazakhstan is planning to set salary ceilings industry-wise.

Kazakh-Chinese company AktobeMunaiGas owes more than 250 million tenge ($1.6 million) to its Kazakhstan staff.

Kazakhstan's champion boxer Gennady Golovkin will receive $400 thousand for his bout against American boxer Curtis Stevens.

US President Barack Obama told US troops in a video message early Tuesday that they would still get paid on time, despite a government shutdown.

The one-time payment for child adoption in Kazakhstan will make $850 starting from 2015.

Kathy Duva, president of Main Events promotion company, who represents the American boxer Curtis Stevens, has turned down an offer from Golovkin’s promoters.
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