Kazakhstan considers de-dollarizing its economy
Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
Ruble fall creates turbulence for Russian airlines
Their international competitors may be cheering tumbling oil prices, but the collapse in the ruble has meant major financial turbulence for Russian airlines.
LG offices raided over suspected washing machine vandalism
South Korean prosecutors raided the Seoul headquarters of LG Electronics following allegations that the firm's executives vandalised their rival Samsung's washing machines.
Expats eyeing the exits after Russian ruble plunges
The plunge of the ruble hasn't left only Russians shell shocked -- foreign workers from traders to maids are considering bailing outю
Astana and Almaty avail of government investments
Astana, Almaty and Almaty Oblast receive the largest portion of the public investments in Kazakhstan.
Several Kazakh banks cease issuing mortgage loans in tenge
Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.
Russia pressures exporters to prop up ruble
The Russian government has ordered state-controlled exporters to sell part of their foreign currency holdings.
OPEC won't cut output even at $20 a barrel: Saudi
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not.
IMF policies criticised over Ebola outbreak
IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.