Why intervene with tenge free float?
Deputy Chairman of the National Bank of Kazakhstan Kuat Kozhakhmetov has commented on the recent interventions of the financial regulator.
25 September 2015
Porsche chief Mueller to take the wheel at VW: report
The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen.
Apple revving work on electric car
Apple aims to have an electric car on the road some time in the year 2019, according to a report in the Wall Street Journal.
TeliaSonera exiting Kazakhstan’s marketThe decision to quit the region is driven by the Company’s efforts to ensure a greater value for the shareholders, clients and employees.
Olzhas Khudaibergenov on currency interventionsWednesday, September 16, the country’s Central Bank had to resort to currency interventions worth $114 million to sustain the tenge exchange rate.
World Bank warns of more turbulence from Fed tighteningThe World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.
16 September 2015
IMF chief urges Africa to spend responsiblyIMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.
Thousands queue at burrito house Chipotle for jobsAnother fast-food job wouldn't seem like a great change, so Marisol was one of thousands around the country who lined up for an opening at a Chipotle restaurant.
10 September 2015
Apple presses deeper with new iPhones and moreThere were new iPhones of course. But Apple also moved into the living room with an upgraded streaming TV box and unveiled an iPad Pro aimed at reviving the flagging tablet market.