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Finance - страница 18

US increases FDI into Kazakhstan Kazakhstan and US increase cooperation in trade and economic cooperation. Kazakhstan's Foreign Minister Erlan Idrissov's visit to Washington aimed at strengthening this cooperation.

16 December 2014

IMF sees Argentina progress toward better economic data The International Monetary Fund said that Argentina was making progress in improving the data but more was needed.

16 December 2014

Central Bank of Kazakhstan issues new 1000 bill The Central Bank of Kazakhstan has issued a new 1000 tenge bill.

16 December 2014

Kazakhstan and China sign agreement on settlements in national currencies Earlier Kazakhstan’s Central Bank Governor Kairat Kelimbetov reported that the country’s Central Bank was drafting an agreement with China’s Central Bank on currency swap of 7 billion renminbi.

15 December 2014

IMF calls on donors to 'step up' for Ukraine The International Monetary Fund called for the international community to come forward with fresh funds for Ukraine.

12 December 2014

Russia charms Uzbekistan with massive debt writeoff Russia's President agreed to write off most of the debt owed by Uzbekistan in an apparent bid to steer the Central Asian country towards joining the Eurasian Economic Union.

11 December 2014

Tenge devaluation cannot be ruled out in Kazakhstan: expert Analyst of Alpari company believes the National Bank of Kazakhstan is maintaining the tenge exchange rate at this point, but certain conditions might require devaluing in the future.

10 December 2014

Ablyazov's company loses $1.5 billion arbitrage case against Kazakhstan The Ad hoc Committee of the International Centre for Settlement of Investment Disputes (ICSID) has denied the appeal of Netherlands-based company KT Asia Investment Group BV that demanded $1.5 billion in compensation from Kazakhstan for allegedly nationalising the company's minority share in BTA Bank.

04 December 2014

Kazakhstan National Bank’s gold and FX reserves figure announced Gold and FX reserves of the National Bank have grown by 15.8% since the start of the year.

02 December 2014

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HSBC unit fined $12.5 mn for unregistered US services A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services.

26 November 2014

Kazakhstan’s PM on efforts to overcome excessive dollarization Earlier Tengrinews.kz reported that hat the Central Bank in partnership with the Government intended to come up with a plan to reduce dollarization of the Kazakhstan’s economy.

26 November 2014

Russia to lose some $40 bn a year due to sanctions: minister Russia is set to lose around $40 billion (32 billiUon euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said.

24 November 2014

IMF, World Bank policies may share blame in Ebola crisis Christine Lagarde, the Managing Director of the International Monetary Fund, had just called for an increase in the country's budget deficit so that it could battle Ebola.

19 November 2014

More Russian banks to enter Kazakh market: Eurasian Economic Commission Minister of Economy and Financial Policy of the Eurasian Economic Commission (EEC) Timur Suleimenov spoke about the mutual Kazakh-Russian financial market and the possibility of increasing the number of Russian banks in Kazakhstan, as well as the prospects of Kazakh banks entering the Russian market.

17 November 2014

Money from National Fund to help out Kazakh economy Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.

17 November 2014

Obama says US cannot carry 'world economy on our back' President Barack Obama said the United States cannot "carry the world economy on our back" and urged G20 leaders to work harder to create jobs by revving up growth.

15 November 2014

IMF: low oil prices to boost growth The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said.

13 November 2014

Kazakhstan developing new payment system: Central Bank Governor “We want to come up with a payment system compatible with leading global payment systems”, he elaborated.

13 November 2014

IMF says Madagascar economy on the mend Madagascar's economy is showing signs of recovery, although spending in key sectors like health and education remain under pressure.

12 November 2014