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Economy - страница 7

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Pegging or no pegging: tenge in new monetary policy Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.

24 November 2015

Kazakhstan's accession to WTO may hamper development of EEU: Belarus Foreign Minister Vladimir Makei According to Minister of Foreign Affairs of Belarus Vladimir Makei, Kazakhstan’s accession to the World Trade Organization may hamper the development of the Eurasian Economic Union.

24 November 2015

Kazakhstan revises 2015 inflation rate forecast Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.

23 November 2015

Depreciation of tenge contributes to de-dollarization of Kazakh-Russian trade: opinion According to Mikhail Khazin, parity between the Russian ruble and the Kazakh tenge contributes to de-dollarization of trade between Kazakhstan and Russia.

23 November 2015

Facebook tests tools for dealing with former loves The online social network devoted to making the world more connected began helping couples break up.

20 November 2015

VW puts off China investment amid costly emissions scandal German automaker Volkswagen, tainted by an emissions scandal expected to cost it billions, said it had postponed a planned investment in China.

20 November 2015

Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.

19 November 2015

National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.

18 November 2015

Depreciation of tenge caused by appointment of National Bank's new Governor? According to experts, appointment of Daniyar Ashirov as New Governor plunged the national currency into the feared 300 KZT to $1 zone.

18 November 2015

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Spain backs France's decision to miss EU deficit target Spain backed France's decision to let EU deficit obligations slide in order to step up spending on security in the wake of the Paris terror attacks.

18 November 2015

Kazakh Senate passes bill prohibiting foreign currency mortgage loans Kazakh Senate, the upper house of Kazakhstan’s Parliament, has passed a bill on non-performing loans and assets of second-tier banks.

17 November 2015

Chairman of Development Bank of Kazakhstan on public trust in tenge Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.

17 November 2015

National Champions to increase Kazakhstan's exports and GDP National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.

17 November 2015

President Nazarbayev: the tenge is not facing something extraordinary According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

17 November 2015

Japan dips into recession in stumble for 'Abenomics' Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

16 November 2015

Russian jet crash puts Sharm resort staff on 'unpaid leave' The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.

13 November 2015

Kazakh tenge real exchange rate down by 24.7% in 2015 National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

13 November 2015

Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.

13 November 2015

Facebook tests vanishing messages Facebook users in France were able to send vanishing missives with its smartphone Messenger application, ramping up the challenge to Snapchat.

13 November 2015