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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.

15 October 2014

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.

09 October 2014

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.

01 October 2014

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.

26 July 2014

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.

16 July 2014

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

30 June 2014

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.

19 June 2014

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.

14 March 2014

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".

28 February 2014

$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.

21 February 2014

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.

07 January 2014

Kazakhstan poised to put ceiling on salaries Kazakhstan is planning to set salary ceilings industry-wise.

04 December 2013

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.

29 November 2013

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.

02 November 2013

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.

01 October 2013

Adoptive parents to receive $850 lump in Kazakhstan The one-time payment for child adoption in Kazakhstan will make $850 starting from 2015.

24 September 2013

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.

06 September 2013

Japan woman, 77, got $4 mn from man for sex and love A 77-year-old woman who received $4 million from a 79-year-old man in exchange for sexual and romantic favours has been ordered to repay the cash by a court in Japan.

18 April 2013

Toyota pays $16 million to settle US acceleration suit Toyota has agreed to a $16 million deal with a southern Californian county over charges the Japanese auto giant hid safety issues linked to unintended acceleration of cars.

06 April 2013

UPS to pay $40 million for illegal pharma shipments UPS Friday agreed to forfeit $40 million and implement a compliance program after a Department of Justice probe found the company delivered drugs on behalf of illegal online pharmacies.

30 March 2013

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