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Samsung follows Apple with launch in China of mobile payment
Samsung follows Apple with launch in China of mobile payment

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

Samsung follows Apple with launch in China of mobile payment
Photo © Turar Kazangapov
Kazakh government confirms wages raise for teachers

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

Kazakh government confirms wages raise for teachers
Maddie McCann parents win 500,000 euros in Portugal libel case
Maddie McCann parents win 500,000 euros in Portugal libel case

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.

Maddie McCann parents win 500,000 euros in Portugal libel case
©REUTERS
Mobile phones to be used to make payments

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.

Mobile phones to be used to make payments
Photo courtesy of wgts.org
National payment system in Kazakhstan unfeasible: experts

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.

National payment system in Kazakhstan unfeasible: experts
©Reuters
eBay split to create independent PayPal

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.

eBay split to create independent PayPal
©Yaroslav Radlovsky
Kazakhstan does not need its own payment system: experts

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

Kazakhstan does not need its own payment system: experts
Payment with a smartphone ©vesti.kz
Mobile phones are the future of Kazakhstan's payment system: Massimov

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

Mobile phones are the future of Kazakhstan's payment system: Massimov
Photo © Vladimir Zaikin
KazKom launches PayPass in Kazakhstan

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

KazKom launches PayPass in Kazakhstan
Argentina says won't make next bond payment in US
Argentina says won't make next bond payment in US

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.

Argentina says won't make next bond payment in US
Paris makes public transport free to tackle severe pollution
Paris makes public transport free to tackle severe pollution

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.

Paris makes public transport free to tackle severe pollution
UK tabloid ex-editor tells of payments to public officials
UK tabloid ex-editor tells of payments to public officials

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".

UK tabloid ex-editor tells of payments to public officials
David Ranta. Photo courtesy of nytimes.com
$6.4 mn payout for man who spent 23 years in US prison

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.

$6.4 mn payout for man who spent 23 years in US prison
Kazakhstan MP offers to raise benefit at child birth
Kazakhstan MP offers to raise benefit at child birth

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

Kazakhstan MP offers to raise benefit at child birth
©Tengrinews.kz
Kazakhstan poised to put ceiling on salaries

Kazakhstan is planning to set salary ceilings industry-wise.

Kazakhstan poised to put ceiling on salaries
©Marat Abilov
Chinese companies owe $1.6 million in payments to their Kazakhstan employees

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

Chinese companies owe $1.6 million in payments to their Kazakhstan employees
Gennady Golovkin. ©K2 Promotions/Fightnews.com
Boxing: Golovkin to receive $400,000 for bout against American boxer

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

Boxing: Golovkin to receive $400,000 for bout against American boxer
Obama addresses troops on shutdown impact
Obama addresses troops on shutdown impact

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.

Obama addresses troops on shutdown impact
Photo courtesy of  wordpress.com
Adoptive parents to receive $850 lump in Kazakhstan

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

Adoptive parents to receive $850 lump in Kazakhstan
Photo courtesy of akboxing.ru
Boxing: Stevens' promoter turns down offer from Golovkin over money

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

Boxing: Stevens' promoter turns down offer from Golovkin over money