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Photo courtesy of Kazakhstan Temir Zholy©
Kazakhstan raising fares will buy 200 new passenger wagons

Kazakhstan railroad fares jumped 12 percent on January 7, 2013.

Kazakhstan raising fares will buy 200 new passenger wagons
Oil down as euphoria over fiscal cliff deal fades
Oil down as euphoria over fiscal cliff deal fades

Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

Oil down as euphoria over fiscal cliff deal fades
©REUTERS
AU Optronics executive guilty in LCD price-fixing case

A US jury on Tuesday found a former senior manager at Taiwan-based AU Optronics Corp. guilty of taking part in a global scheme to rig prices of liquid crystal display screens.

AU Optronics executive guilty in LCD price-fixing case
IMF warns Hong Kong property faces price correction
IMF warns Hong Kong property faces price correction

The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.

IMF warns Hong Kong property faces price correction
The World Bank's Vice President for Poverty Reduction Otaviano Canuto. Photo courtesy of veja.abril.com.br
Food prices easing but remain sky-high: World Bank

Global food prices have eased from their July records but remain very high, putting more people in danger of hunger and malnutrition-related disease.

Food prices easing but remain sky-high: World Bank
Oil prices ease in Asia on Gaza truce, eurozone data
Oil prices ease in Asia on Gaza truce, eurozone data

Oil prices fell in Asia Friday in thin trade following the US Thanksgiving holiday, with a truce in Gaza and gloomy eurozone manufacturing data weighing on buying sentiment.

Oil prices ease in Asia on Gaza truce, eurozone data
Restaurant fury as France hikes taxes on eating out
Restaurant fury as France hikes taxes on eating out

Dining out and staying in a hotel in France will become more expensive from the end of next year after the government announced plans Tuesday to hike VAT and hinted at an even bigger increase.

Restaurant fury as France hikes taxes on eating out
President of the World Petroleum Council Renato Bertani. Photo by Danial Okassov©
Production costs will drive oil and gas prices up

Head of the World Petroleum Council Renato Bertani believes that oil and gas prices will keep growing from year to year.

Production costs will drive oil and gas prices up
©RIA Novosti
Kazakhstan raises fuel prices

Kazakhstan’s Agency for Natural Monopolies Regulation has changed the ceiling prices for regulated fuel.

Kazakhstan raises fuel prices
Iron ore mine. ©REUTERS
S&P warns of little iron ore respite for miners

Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.

S&P warns of little iron ore respite for miners
Tengrinews.kz stock photo
Air Astana will be forced to lower air fares

Agency for Regulation of Natural Monopolies will make Air Astana lower its air fares.

Air Astana will be forced to lower air fares
President of Air Astana Peter Foster. Photo courtesy of kursiv.kz
Air Astana president does not consider Kazakhstan's domestic air fares too high

I would like to change the incorrect opinion that Air Astana’s prices are too high: Peter Foster.

Air Astana president does not consider Kazakhstan's domestic air fares too high
©REUTERS
Oil prices hit four-month peaks on Fed stimulus

Global oil prices soared Thursday to new four-month highs, as the US Federal Reserve announced a new round of quantitative easing to stimulate the flagging economy.

Oil prices hit four-month peaks on Fed stimulus
©REUTERS
Oxfam warns food prices to soar due to climate change

Staple food prices may double within the next two decades due to climate change and an increase in extreme weather including droughts and hurricanes.

Oxfam warns food prices to soar due to climate change
Photo courtesy of auto.gazeta.kz
Kazakhstan residents overpay for new cars

Total.kz made an analysis of the cars costs in Kazakhstan and other countries to reveal how much Kazakhstan residents overpay for new cars.

Kazakhstan residents overpay for new cars
©REUTERS/Jianan Yu
Faded US stimulus hopes weigh on oil prices

Oil prices were mixed Thursday amid fresh doubts about hoped-for US Federal Reserve stimulus and a bleaker energy demand outlook in China and Europe.

Faded US stimulus hopes weigh on oil prices
Brent crude oil price hits three-month high
Brent crude oil price hits three-month high

Crude prices finished mixed Monday after early jumps, with Brent topping $115 a barrel before settling back for a modest gain.

Brent crude oil price hits three-month high
Oil strikes two-year high; soya scores record high
Oil strikes two-year high; soya scores record high

Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.

Oil strikes two-year high; soya scores record high
©RIA Novosti
Kazakhstan will retain flour and bread prices

There will be no problem with grain supplies to the country’s regions; flour and bread prices will not grow: Kazakhstan Agriculture Ministry.

Kazakhstan will retain flour and bread prices
Russian President Vladimir Putin and his Ukrainian counterpart Viktor Yanukovych. ©RIA NOVOSTI
Putin refuses to cut price of Russian gas for Ukraine

Russian President Vladimir Putin did not budge Thursday during talks with his Ukrainian counterpart Viktor Yanukovych aimed at easing a dispute over the price of Russia's gas.

Putin refuses to cut price of Russian gas for Ukraine