$1 billion to support small and middle-sized businesses in Kazakhstan
February 14 Kazakhstan’s President Nursultan Nazarbayev instructed his Cabinet to allocate $5.4 billion out of the National Oil Fund [accumulating oil windfall revenues] in 2014-2015 as “long money” for the country’s economy.
Winkdex: Winklevosses make their own Bitcoin index
Early Bitcoin investors Cameron and Tyler Winklevoss have created their own index of the virtual currency, as they gear up to launch the first publicly traded US Bitcoin fund.
Possible inflation risks: National BankIn view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
Japan's Rakuten paying $900 mn for Cypriot app-makerRakuten, Japan's largest online shopping mall operator, said Friday it would buy Cyprus-based application maker Viber Media for $900 million, as its expands an overseas empire that includes Canadian e-reader company Kobo.