Nauru applies for IMF membership
The tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said.
New operating company for Kashagan
Kashagan project in Kazakhstan may get a new operatoring company in the nearest future.
Sotheby's gives Loeb board seats, avoiding showdown
Sotheby's agreed Monday to appoint hedge fund activist Dan Loeb and two allies to its board, averting a shareholder vote over the direction of the prestigious fine art auctioneer.
Experts forecast mortgage lending revival in Kazakhstan
Experts forecast a revival in the stagnated mortgage lending in Kazakhstan. In the most optimistic scenario it will start in end of 2014.
Development Bank of Kazakhstan obtain 500 million euro loan from HSBC
Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
Kenes Rakishev buys into Magnum Cash & Carry
Businessman Kenes Rakishev has bought a stake in Magnum Cash & Carry retailer network.
Portugal to end EU-IMF bailout with clean break
Portugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
Asian Development Bank to co-finance projects funded out of the National Oil Fund
One of the sources to boost the country’s economy growth will be $5.5 billion out of the National Oil Fund to be allocated in 2014 and 2015, Minister of Economic Affairs Yerbolat Dossayev said April 14.
US economy rebounds, adding 288,000 jobs in April
The US economy pumped out 288,000 jobs in April, the highest pace in over two years, in a fresh confirmation that growth has resumed after a harsh winter freeze.