Rakhat confectionery plant sells 76% to South Korean Lotte
Kazakhstan confectionery plant Rakhat intends to sell 76 percent of its common shares to South Korean Lotte Confectionery.
Yahoo startup shopping spree continues
Yahoo forged ahead Wednesday on its months-long take-over binge with word that it had bought Xobni, a startup behind tools for better managing contact lists and email inboxes.
KMG to buy ConocoPhillips' stake in Kashagan for $5 billion
ConocoPhillips will sell its 8.4-percent stake in Kashagan to KazMunaiGas for $5 billion.
Yahoo buys startup behind smartphone movie app
Yahoo announced it has bought a startup behind a smartphone movie application, extending a shopping spree launched after Marissa Mayer became chief of the Internet pioneer a year ago.
Korean company mulls buying Rakhat confectionery plant
Korean company Lotte Confectionery mulls buying Kazakhstan’s biggest confectionery plant Rakhat located in Almaty.
KazakhTelecom buys Digital TV
Kazakhstan national telecommunications company KazakhTelecom has purchased 100-percent of Digital TV.
Patokh Chodiev's nephew buys TAIB Kazak Bank
Orifjon Shadiev (Chodiev) purchased 100 percent of TAIB Kazak Bank becoming its new owner.
Luxury car makers seek success in China
Construction tycoon Niu Yeqing owns four cars in which he cruises the streets of the Chinese city of Hefei, including a black Mercedes-Benz S600.
Daimler seeks stake in China car maker: report
German auto maker Daimler is planning to buy a 10 to 20 percent stake in the passenger car unit of its Chinese partner BAIC Group and could sign the deal Friday.
Sony selling Madison Avenue HQ building for $1.1 bn
Sony said Friday it was selling its US headquarters in Manhattan for $1.1 billion as part of an overhaul aimed at rescuing the Japanese consumer electronics giant's tattered balance sheet.
Philippines to buy three naval helicopters
The Philippines said Thursday it would buy three naval helicopters from an Anglo-Italian manufacturer as part of its military modernisation programme amid a territorial dispute with China.
Japan to buy islands disputed with China: reports
Japan's government has agreed to buy a group of islands at the centre of a territorial dispute with China, reports said Wednesday, a move likely to prove a further irritant in a tense relationship.
China starts stockpiling rare earths: report
China has started stockpiling rare earths for strategic reserves, a state-backed newspaper said Thursday, in a move which may raise more worries over Beijing's control of the coveted resources.
Kazakh content in public procurement dropped
The share of local content has decreased in public procurement contracts: Ministry of Industry.