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Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.

12 февраля 2015

No sharp changes of the tenge exchange rate: Central Bank Governor Should there be some changes in the external markets, we will prevent a shocking currency devaluation and will be working to ensure a gradual change of the tenge exchange rate: Kairat Kelimbetov.

11 февраля 2015

HSBC not protected from charges over aiding tax evasion: US official HSBC's 2012 criminal settlement with the US Justice Department does not protect the bank from fraud or tax evasion charges.

11 февраля 2015

G20 'determined' to lift growth but rifts remain The world's top 20 economies expressed determination to raise global growth but struggled to overcome divisions over the most suitable methods .

11 февраля 2015

Standard & Poor’s lowers Kazakhstan long-term ratings Standard & Poor’s has lowered Kazakhstan long-term ratings over dwindling revenues of the oil-rich country amid the global oil turbulence.

11 февраля 2015

HSBC 'SwissLeaks' leaker urges more support for whistleblowers The man who stole the trove of secret files that sparked a global scandal over banking giant HSBC's alleged assistance to wealthy tax dodgers.

10 февраля 2015

EU suspends new sanctions pending Ukraine summit EU foreign ministers postponed new sanctions against Russia for a week to boost the chances of success at a four-way Ukraine peace summit.

10 февраля 2015

Kashagan economically viable with prices for oil at $100 per barrel Both Tengiz and Karachaganak oilfields are effective projects, with the break even point being much lower that of Kashagan: Sauat Mynbayev, KazMunaiGas Chairman of the Board.

09 февраля 2015

Moody's threatens to downgrade Greece Moody's placed Greece's credit rating on review for a downgrade Friday, citing "high uncertainty" about the country's talks with creditors.

07 февраля 2015

UN Security Council aims to dry up IS group financing The UN Security Council plans to adopt a resolution next week aimed at halting funding to Islamic State militants from oil, antique trafficking and ransoms.

07 февраля 2015

IMF urges G20 to take action to unstick global growth International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.

07 февраля 2015

Greek finance minister met with 'scepticism' in Berlin debt talks Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.

06 февраля 2015

Russia pushes UN to cut off Islamic State funds Russia is making a push at the United Nations for a new resolution to choke off funding from oil sales to the Islamic State group.

05 февраля 2015

Deposits denominated in foreign currencies 72% up in Kazakhstan Kazakhstan’s banks assets grew by 17.9% in 2014, reaching $98 billion, according to the Central Bank.

05 февраля 2015

Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.

04 февраля 2015

Abbas orders probe into West Bank Mohammed cartoon Palestinian president Mahmud Abbas has ordered an investigation into a drawing of the Muslim Prophet Mohammed which appeared in a West Bank newspaper.

04 февраля 2015

Kenya obtains nearly $700 mn in IMF backing Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.

03 февраля 2015

Greek finance minister says eyeing new debt deal by 'end May' Greek Finance Minister Yanis Varoufakis said he wanted to reach a new agreement with international creditors on his country's debt burden "by the end of May".

02 февраля 2015

Germany's anti-euro party agrees to slim down leadership A congress of Germany's anti-euro AfD party ending moved to streamline its leadership structure in a bid to be more effective after weeks of dispute within the fledgling group.

02 февраля 2015

Merkel rules out debt reduction for Greece German Chancellor rejected the prospect of debt relief for Athens, adding to tensions between the radical new Greek government and its international creditors.

31 января 2015

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