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©Reuters/Rupak De Chowdhuri
Iran oil exports rise to 1.2 mn barrels per day

Iran's crude oil exports have hit 1.2 million barrels per day, almost doubling from eight months ago when the country elected a new president, a top government official said.

Iran oil exports rise to 1.2 mn barrels per day
©Reuters
Pair of Japanese mangoes fetch $3,000 at auction

A pair of mangoes grown in southern Japan sold Thursday for a whopping 300,000 yen ($3,000), a record price for the fruit's first auction of the season, Kyodo News reported.

Pair of Japanese mangoes fetch $3,000 at auction
Ming-era 'chicken cup' breaks record for Chinese porcelain
Ming-era 'chicken cup' breaks record for Chinese porcelain

A rare Ming-era wine cup broke the world auction record for any Chinese porcelain on Tuesday, selling in Hong Kong for $36.05 million to Shanghai tycoon Liu Yiqian, Sotheby's auction house said.

Ming-era 'chicken cup' breaks record for Chinese porcelain
Japan shoppers see first sales tax rise in 17 years
Japan shoppers see first sales tax rise in 17 years

Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.

Japan shoppers see first sales tax rise in 17 years
Photo courtesy of 24daily.net
Gazprom ups pressure on Ukraine with gas price rise

Russian energy giant Gazprom on Tuesday announced it was raising the price of gas exports to Ukraine by more than a third, scrapping a previous discount amid mounting strains between the two countries.

Gazprom ups pressure on Ukraine with gas price rise
©Turar Kazangapov
Fuel prices to remain unchanged in Kazakhstan until mid year: Oil Minister

According to him, even if they have to work incurring certain losses, the KMG National Oil Company will be maintaining the prices at the declared level regardless of the marketing economy rules.

Fuel prices to remain unchanged in Kazakhstan until mid year: Oil Minister
Photo courtesy of kmg.kz
KazTransOil to increase oil pumping tariffs

KazTransOil will increase oil pumping tariffs on exported oil starting from April.

KazTransOil to increase oil pumping tariffs
A private beach of the Portobello Resort, where the Italy soccer team will be based during the 2014 World Cup. ©Reuters/Ricardo Moraes
Huge price hikes for Brazil World Cup hotels

Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.

Huge price hikes for Brazil World Cup hotels
©Reuters/Rick Wilking
Japan's Sprint owner eyes US telecom price war

The Japanese owner of US mobile carrier Sprint said he wanted to launch a "price war" with the two major carriers as he seeks to acquire T-Mobile's US unit.

Japan's Sprint owner eyes US telecom price war
©Reuters
Devaluation may drive airline tickets up in Kazakhstan

Airlines are adjusting their ticket prices to the new exchange rate of the tenge.

Devaluation may drive airline tickets up in Kazakhstan
©Reuters/Carlos Garcia
Oil prices up on winter demand, Yellen testimony

Oil prices rose in Asian trading hours Wednesday due to strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up US monetary policy.

Oil prices up on winter demand, Yellen testimony
Bely Veter store closed. ©Marat Abilov
20% hike: Big stores in Kazakhstan change prices amid tenge devaluation

Big stores in Kazakhstan are increasing their prices amid the devaluation of tenge.

20% hike: Big stores in Kazakhstan change prices amid tenge devaluation
©Reuters/Carlos Garcia Rawlins
Oil prices mixed ahead of Fed policy meeting

Oil prices were mixed in Asian trade Monday as dealers focused on the US Federal Reserve's policy meeting this week in anticipation of further stimulus pullback.

Oil prices mixed ahead of Fed policy meeting
Photo © Yaroslav Radlovsky
Almaty Airport increases jet fuel prices

The Almaty International Airport is charging $1,290 for a ton of jet fuel.

Almaty Airport increases jet fuel prices
Kazakhstan has seen 600% growth in prices for housing in the last 12 years
Kazakhstan has seen 600% growth in prices for housing in the last 12 years

As of November 2013, price in Astana, the country’s capital city, stood at $1687 per square meter.

Kazakhstan has seen 600% growth in prices for housing in the last 12 years
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
Maduro says gov't in Venezuela will set car prices
Maduro says gov't in Venezuela will set car prices

President Nicolas Maduro said Monday his leftist government will set car prices in a bid to lower their cost.

Maduro says gov't in Venezuela will set car prices
Sitting on Astana development. ©akorda.kz
Kazakhstan’s President furious over prices for real estate in Astana

Why isn’t the Agency for Competition taking measures to stop that? There should be some margin, but not 5 or 6-fold: President.

Kazakhstan’s President furious over prices for real estate in Astana
World's most expensive printed book sells for $14.2mn
World's most expensive printed book sells for $14.2mn

The first book written in what is today the United States of America fetched $14.2 million in New York on Tuesday, becoming the world's most expensive printed book sold at auction.

World's most expensive printed book sells for $14.2mn
World's largest orange diamond fetches record $35.5 mn
World's largest orange diamond fetches record $35.5 mn

A spectacular and rare orange diamond, the largest known gem of its kind, was on Tuesday auctioned for a record $35.54 million in Geneva.

World's largest orange diamond fetches record $35.5 mn