Economy

Go to archive

Kazakhstanis bought 15,732 gold weighted bullions in 2019 under the programme of sale and purchase of fine gold weighted bullions launched by the National Bank in 2017.

Microsoft Corp. will stop providing free support for the Windows 7 operating system Tuesday, and warned an estimated 13.9 million computers in Japan still using the system could become more vulnerable to virus infection or hacking of personal data.

The previous year was profitable for the state treasury as the state budget revenues grew by 15.5%.

Samsung Electronics Co., sold at least 400,000 Galaxy Fold smartphones last year, the company's mobile business chief said Tuesday, denying earlier media reports that it sold one million foldable handsets.

Global chip supplier Samsung Electronics Co. was the most favored stock by foreign investors this year, while Hyundai Motor Co. was the target of a foreign selling binge.

According to the agreements signed between "Transneft" PSJC and "KazTransOil" JSC, which is acting on behalf of Kazakhstani oil companies on the issue of compensation for shipping substandard oil in the port of Ust-Luga, "Transneft" PJSC paid compensation to 18 Kazakhstani oil companies.

Samsung Electronics Co. is set to release a new foldable smartphone that folds like a clam in February before the release of the upcoming flagship Galaxy S11 next year.

Kazakhstan’s Embassy in Saudi Arabia, with the support of the Chambers of Commerce and Industry of Riyadh and Asharqia Province, has conducted a workshop on the prospects of the Kazakh-Saudi cooperation in the field of trade, investment, and tourism on December 22-23, 2019, in Dammam and Riyadh.

Akhmetzhan Yessimov, CEO of Samruk-Kazyna JSC intends to develop cooperation on the placement of shares with the Astana International Financial Center (AIFC). He stated this during a visit to the AIFC and a meeting with the Governor of AIFC Kairat Kelimbetov.

Based on various scholars' analysis, the Chinese economy's downward pressure has not been completely released, and the trend may last some time. China has the ability to maintain growth of 6 percent through strong stimulus, but that would yield negative effects