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Kazakhstan Backs Stronger, More Impactful SCO, President Tokayev Says

Kazakhstan Backs Stronger, More Impactful SCO, President Tokayev Says

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, July 1. The President of Kazakhstan, Kassym-Jomart Tokayev, received the Secretary-General of the Shanghai Cooperation Organization (SCO), Nurlan Yermekbayev, and discussed further development of...

Kazakhstan may beat its oil output forecast by 2% in 2025, Reuters data shows

Kazakhstan may exceed its previous oil production forecast by around 2% this year following an upgrade to output at its largest Caspian oilfields, Reuters calculations, based on data from state-owned energy company KazMunayGaz (KMGZ.KZ), showed....

Kazakhstan launches pioneering national crypto reserve to bolster financial stability

Kazakhstan launches pioneering national crypto reserve to bolster financial stability

Kazakhstan has announced plans to establish a state-managed cryptocurrency reserve. The initiative, spearheaded by the National Bank of Kazakhstan, aims to diversify the nation’s financial portfolio, enhance economic resilience, and leverage its...

President Opens Kazakhstan's First And Central Asia's Most Powerful Supercomputer

President Opens Kazakhstan's First And Central Asia's Most Powerful Supercomputer

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, July 9. President of Kazakhstan Kassym-Jomart Tokayev paid a visit to the National Supercomputer Center Alemcloud, where he rolled up his sleeves and participated in the ceremony to kick off a...

Trump Tariff Letters Explained | 14 countries face US trade pressure by August 1—A country-wise breakdown

Trump Tariff Letters Explained | 14 countries face US trade pressure by August 1—A country-wise breakdown

US President Donald Trump has issued letters to 14 countries, warning them of fresh import tariffs that will come into force from August 1 unless they agree to new trade deals with the United States. The letters, shared via Trump’s social media...

AD Ports Group, Kazakhstan Railways launch new JV operations

AD Ports Group, Kazakhstan Railways launch new JV operations

AD Ports Group, an enabler of integrated trade, transport, and logistics solutions, announced today (July 9) the commencement of operations of its Central Asian logistics joint venture, GulfLink, set up in partnership with KTZ Express, a...

Kazakhstan Pioneers State-Run Crypto Reserve

Kazakhstan Pioneers State-Run Crypto Reserve

National Bank of Kazakhstan has embraced a proposal from parliamentarians to establish a state-managed crypto-asset reserve. Led by Chair Timur Suleimenov, the bank is currently developing a blueprint for how the reserve would fit into a broader...

Astana's 'nuclear diplomacy'

Astana's 'nuclear diplomacy'

Kazakhstan will sign an agreement with Moscow by the end of the year for the construction of its first nuclear power plant, but it already has plans for a second one to be built together with the Chiona National Nuclear Corporation, which could be...

Bolivian President urges nations to abandon US dollar for trade

Bolivian President urges nations to abandon US dollar for trade

Bolivian President Luis Arce has issued a sharp call for countries around the world to move away from using the US dollar in international trade, stating that the era of dominance by a single country-namely the United States-has come to an end....

Countries with large trade imbalances with the US have been major targets

Countries with large trade imbalances with the US have been major targets

South Korea, already burdened by sector-specific levies on steel and automobiles, is facing a 25% tariff hike on its remaining exports to the US, but is cautiously optimistic of brokering a deal. Washington “expressed agreement” and “hoped the two...

AD Ports Group, Kazakhstan Railways commence operations of GulfLink joint venture

AD Ports Group announced today the commencement of operations of its Central Asian logistics joint venture, GulfLink Ltd., with KTZ Express, the freight arm of Kazakhstan Railways. GulfLink, 51% percent owned by AD Ports Group, and 49% by KTZ...

Kazakhstan to Raise Minimum Wage in 2026

Kazakhstan to Raise Minimum Wage in 2026

Kazakhstan’s Minister of Labor and Social Protection, Svetlana Zhakupova, has announced that the government plans to raise the minimum wage starting January 1, 2026. While the exact amount was not disclosed, Finance Minister Madi Takiev suggested...

Kazakhstan To Launch National Crypto Reserve Using Seized Assets

Kazakhstan To Launch National Crypto Reserve Using Seized Assets

Kazakhstan’s central bank has signaled an intention to establish a national crypto reserve, mirroring the United States. While the plans do not involve buying cryptocurrencies, Kazakhstan will fund its reserve by mining operations and law...

BRICS currency paves way for BRICS Pay

BRICS currency paves way for BRICS Pay

The US and its President have a reason to fear the growing clout of the BRICS bloc | Photo Credit: iStockphoto The BRICS summit 2025 has drawn to a close with the usual commitment to forge cooperation in the Global South and the expected tirade...

AP Business SummaryBrief at 7:27 a.m. EDT

Trump's trade blitz produces few deals but lots of uncertainty WASHINGTON (AP) — President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April. White House trade adviser...

Kazakhstan Moves to Create Sovereign Crypto Reserve

Kazakhstan Moves to Create Sovereign Crypto Reserve

Kazakhstan’s National Bank, under its chairman Timur Suleimenov, is taking steps to build a state-held cryptocurrency reserve managed by a subsidiary entity, following international sovereign fund practices. The proposal outlines funding sources...

Sensex & Nifty Hit High, Investors On The Sidelines Ahead Of The US Trade Deal Announcement

Sensex & Nifty Hit High, Investors On The Sidelines Ahead Of The US Trade Deal Announcement

Mumbai: Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the US. Rally in...

Trump confirms August 1 tariffs on key trade partners

Trump confirms August 1 tariffs on key trade partners

Japanese Prime Minister Shigeru Ishiba has responded to a letter from U.S. President Donald Trump threatening higher import duties unless a new trade agreement is reached, reaffirming Japan's commitment to continued negotiations. Speaking on...

Kazakhstan Posts Breakthrough Gains In Non-Oil Trade In 2024

Kazakhstan Posts Breakthrough Gains In Non-Oil Trade In 2024

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, June 30 . In recent years, Kazakhstan has been actively pursuing a policy aimed at expanding its non-resource sector and reducing dependence on raw material exports, Trend reports via the country's...

AP Business SummaryBrief at 6:26 a.m. EDT

Trump's trade blitz produces few deals but lots of uncertainty WASHINGTON (AP) — President Donald Trump and his advisers promised a lightning round of global trade negotiations with dozens of countries back in April. White House trade adviser...

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