Largest bank in Kazakhstan experiencing cash withdrawals increase in wake of recent devaluation rumors Pressure on Kazkommertsbank’s ATM machines has increased by 15% due to devaluation rumors.
04 August 2014
Icon Video Astana residents stocking up on dollars 'just in case' Astana residents have been forming queues near currency exchange officer on Thursday.
01 August 2014
National Bank Governor's advisor refutes Kazakh currency devaluation rumors Adviser to the Governor of the National Bank of Kazakhstan denies the possibility of tenge devaluation.
01 August 2014
Russia provides Air Astana with route to fly around Ukrainian fighting zones Russian aviation authorities have issued a permit to Kazakhstan’s Air Astana airlines to fly to Kiev bypassing the Ukrainian battle zones.
01 August 2014
Kazakhstan to toughen monetary policies should pressure on Russian ruble persist Rising inflation rate in Russia may force the National Bank of Kazakhstan to toughen its policies.
01 August 2014
Rumors of second devaluation in Kazakhstan are speculations: experts Financial experts have shared their opinions about the possibility of devaluation of the Tenge, Kazakh national currency.
01 August 2014
Kazakhstani airline buys Sukhoi Superjet 100 airplanes Kazakhstani airlines company Bek Air signed an agreement with Sukhoi Civil Aircraft to purchase 7 Sukhoi Superjet 100.
01 August 2014
No People's IPO for Air Astana in near future: Samruk Kazyna Air Astana has no immediate plans to float its shares in the People’s IPO in Kazakhstan.
31 July 2014
Russia's Lukoil sells filling stations in Ukraine Russia's Lukoil said it had reached preliminary agreement to sell its network of filling stations in Ukraine, days after radical nationalists there tried to extort fuel from the company.
31 July 2014
Beef exporter confidence returns in land of the holy cow When Hindu hardliner Narendra Modi attacked India's huge beef exports while campaigning to be premier, producers feared bad times ahead for the industry in the land where cows are sacred.
31 July 2014
Bank of Cyprus completes $1 bn private share placement Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
30 July 2014
With new default looming, Argentina urges calm Argentina admitted it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.
29 July 2014
Airbus cancels order for six A380s from Skymark Airbus has cancelled an order for six A380 superjumbos from Skymark Airlines because the Japanese company is facing financial difficulties, French daily Les Echos reported.
29 July 2014
Russia ordered to pay Yukos shareholders $50 billion The arbitration court in The Hague has ordered Russia to pay shareholders of Yukos $50 billion in compensation over its seizure of the one-time oil giant, main shareholder GML Ltd said in London
28 July 2014
Uzbek cars hinder development of Kazakhstani car manufacturing Kazakhstani car manufacturers blame Uzbek cars for hindering the development of the local car production.
28 July 2014
Bose sues Beats over headphone patents Audio technology veteran Bose Corporation sued Beats Electronics over patented technology for canceling noise in earphones.
26 July 2014
Kazakhstan does not need its own payment system: experts Experts believe that Kazakhstan does not need its own payment system and doesn't have the conditions to effectively introduce it.
26 July 2014
Cautious Royal Bank of Scotland reports sharp recovery Britain's state-rescued Royal Bank of Scotland warned over future earnings despite posting a surge in profits.
25 July 2014
US food firm sorry over China 'bad meat' scandal The US food supplier at the centre of an expired meat scandal in China has apologised, as KFC and Pizza Hut's parent company said it would stop using the firm's products in the key Chinese market.
25 July 2014
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