Economy - страница 42

news National Bank loan Kazakhstan Kazakh Government economy risk

Central Bank Governor on Toxic Assets Fund According to him, the money will only be provided to banks that have accumulated the most of NPLs. Kazkommertsbank and BTA to be shortly merged are among them as they jointly account for 62% of NPLs in the banking sector.

29 October 2014 14:39

Finance Minister on role of state-run enterprises in Kazakhstan’s economy According to him, the share of government-owned enterprises stands at around 40%.

29 October 2014 14:10

Kazakh deputies outraged at risky investments of Single Pension Fund Kazakhstan MP of Ak Zhol faction voiced their serious concern over the investments the Single Pension Fund was practicing. In their opinion, these activities may lead to destabilization of the entire lending sector of Kazakhstan.

28 October 2014 17:24

Borsa Istanbul to buy a stake in Kazakhstan's KASE Mid-September Kazakhstan's KASE signed a framework agreement on strategic cooperation with BIST; the agreement lays foundations for a long-term partnership, including through reciprocal purchase of shares.

27 October 2014 15:27

Kazakhstan Finance Minister on budget stability According to him, through transfers from the National Oil Fund to the country’s budget the latter is insured against shocks related to falling oil prices.

26 October 2014 22:06

$2.5 billion adds to Kazakhstan's external debt Two government euroissues add to Kazakhstan's external debt. The move comes as a response to budget deficit.

25 October 2014 22:07

US stocks push higher despite big Amazon drop US stocks capped a strong week on a high note as good earnings from Microsoft and others overshadowed a poor report from Amazon

25 October 2014 15:40

French unemployment hits new record Unemployment in France hit a new record in September, with official statistics published showing 3.43 million people claimed jobless benefits.

25 October 2014 15:33

IMF fights negative interest rates The IMF announced a minimum interest rate on its unique SDR currency as it fights off the impact of sagging interest rates and deflation from major economies.

25 October 2014 12:58

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Toyota shares rise on record profit report Shares in Japanese auto giant Toyota advanced in Tokyo trade following a report it is set to book a record operating profit in the six-month period to September.

24 October 2014 15:31

Italian PM vows to publish cost of EU institutions in budget row Italian Prime Minister Matteo Renzi announced his intention to make public the cost of the European institutions, as a row exploded over his country's budget plans.

24 October 2014 14:41

Latvian official suprised at high prices in Astana A Latvian official has been surprised at the high prices in Astana.

24 October 2014 13:21

'Cloud' lifts Microsoft earnings above expectations Microsof reported quarterly profits ahead of most expectations, as revenues got a boost from its Xbox consoles and Internet "cloud" services for enterprises.

24 October 2014 11:45

Britain's Cameron in new row over EU demand for extra 2.1 bn euros Prime Minister faces a fresh showdown with the EU after Brussels demanded an extra 2.1 billion euros from Britain because its economy is thriving while Europe stalls.

24 October 2014 09:59

Kazakhstan harvests sweet potato first time for South Korea Sweet potato was planted in three different regions of Kazakhstan in a pilot project for South Korea. First harvest has been obtained.

23 October 2014 18:46

Peugeot says sales edge ahead in long haul out of crisis Peugeot Citroen said sales in China surged by almost half in the third quarter, keeping the French auto group on the road to meet annual targets under its turnaround plan.

23 October 2014 09:52

Total names new head, and chairman after CEO death: union Total named Patrick Pouyanne, currently head of refining and chemicals, as its new chief executive while former CEO Thierry Desmarest was appointed chairman.

22 October 2014 17:53

Kazakhstan’s Central Bank Governor on possible currency devaluation “I believe spreading rumors is the way devaluation expectations are being intensified artificially (…) all those voicing their estimates and forecasts should be aware of their responsibility”, he said.

21 October 2014 16:45

Amazon, Simon & Schuster sign book retail deal Amazon has reached a deal with American book publisher Simon & Schuster, the companies said.

21 October 2014 15:23