Mexican president signs landmark energy reform
Mexican President Enrique Pena Nieto signed a package of landmark energy reform bills.
Russia's stocks soar after avoiding delisting
The shares of Russia's two biggest banks soared after avoiding being delisted from a top emerging markets index as part of the West's response.
Russia okays $150 mn to subsidise World Cup venues
The Russian government approved rules on subsidising construction of infrastructure for the 2018 football World Cup.
State fund to take over crisis-hit Malaysia Airlines
Malaysia Airlines will be taken over by a state investment fund under plans.
National Bank able to maintain tenge exchange rate for at least one year: expert
Tengrinews asked several experts about their opinions on the risks related to Kazakhstan's national currency - the tenge.
Kazakhstan’s international reserves figure announced
Kazakhstan’s international reserves, including the gold and FX reserves of the Central Bank and the assets of the National Oil Fund grew from $95.507 to $103.754 billion from January to July 2014.
Kazakhstan’s GDP real growth expected at 4.8%: IMF
According to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.
President Nazarbayev suggests introducing individual bankruptcy procedures
According to him, there is no place for those willing to live at the state’s expense. If someone fails to pay off his or her debts, foreclosure procedures should be applied.
Largest bank in Kazakhstan experiencing cash withdrawals increase in wake of recent devaluation rumors
Pressure on Kazkommertsbank’s ATM machines has increased by 15% due to devaluation rumors.