Economy - страница 18

Prime-Minister news National Bank Massimov Kazakhstan Kazakh exchange rate currency Tenge CIS

Kazakhstan opts for floating exchange rate for its currency The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.

20 August 2015

Causes of tenge-dollar exchange rate spike unclear People in Kazakhstan wonder about the meaning of August 19 spike in tenge-dollar exchange rate, while the National Bank keeps silent.

20 August 2015

Newly appointed Chairman Yessimov lays off top management of Astana EXPO-2017 Akhmetzhan Yessimov, the newly appointed Chairman of the Board of Astana EXPO-2017 National Company, has started restructuring the company.

19 August 2015

Tianjin blasts echo across economy The economic impact of the Tianjin explosions could reverberate for months.

19 August 2015

New devaluation in Kazakhstan? Kazakhstani banks raise dollar-tenge exchange rate. People fear another devaluation of the currency. The Kazakh National Bank is silent.

19 August 2015

Spanish parliament approves new Greece bailout Spanish lawmakers overwhelming approved Greece's third bailout package following a debate in parliament which the ruling party used to defend its economic record.

19 August 2015

BuzzFeed moves to Japan in Yahoo partnership BuzzFeed announced plans to launch a Japanese news website in a partnership with Yahoo Japan, the latest step in a global expansion push.

18 August 2015

Japan economy's contraction a blow for 'Abenomics' Japan's economy contracted last quarter, boosting speculation the central bank will be forced to unleash more stimulus as Tokyo's "Abenomics" growth blitz stumbles.

17 August 2015

IMF warns of 'disorderly correction' if China reform slows The IMF warned that China, the world's second-largest economy, could face a "disorderly correction" followed by slower growth if its reform program slows.

15 August 2015

TENGRI LIFE

TENGRI TRAVEL

New Chairman of Nurbank appointed Chairman of the Management Board of Nurbank Kantar Orynbayev has voluntarily resigned, Deputy Chairman Saken Akhmetov replaced him.

14 August 2015

ArcelorMittal Temirtau and local labor authorites locked in battle over wages cuts Kazakhstan Labor Inspection has prohibited ArcelorMittal Temirtau to cut wages and the company plans to file a protest.

14 August 2015

China's long march to currency reform takes a step forward China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.

14 August 2015

Mass axing of oil worker taking place in Aktobe Kazakh-Chinese oil company Velikaya Stena in Aktobe in Kazakhstan's west is laying off many workers.

13 August 2015

Karachaganak Petroleum Operating fined for improper storage of waste Karachaganak Petroleum Operating has been fined for improper storage of 64.22 tons of liquid waste at Karachaganak field.

13 August 2015

Kyrgyzstan becomes full-fledged member of Eurasian Economic Union Accession opens new opportunities for Kyrgyzstan. There are no longer any barriers to free movement of goods, services, capital and workforce.

12 August 2015

Google turns a page with Alphabet Google's reshaping under newly formed parent Alphabet gives the tech giant more ability to focus on its core business.

12 August 2015

Greece reaches deal with creditors: government source Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.

11 August 2015

Disney apologises for 'inappropriate' tweet on Nagasaki anniversary US entertainment giant Disney was forced to apologise after one of its Japanese language tweets was criticised for being insensitive.

10 August 2015

EU offers more help for farmers hurt by Russia sanctions The EU formally extended until next year a multi-million-euro aid package to help European fruit and vegetable growers hit by Russian sanctions over the Ukraine crisis.

08 August 2015