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Ukraine news IMF help Europe economy crisis budget technology scientist science researches Nazarbayev University Kazakh invention Astana France European Central Bank unemployment Germany recovery Minister problem Government Samruk Kazyna Kazakhstan finance Debt CIS Central Asia bank reforms Oil Mexico Asia Pacific sanctions Russia World Cup plan plane Malaysia Fund crash Tenge risk National Bank devaluation reserves National Fund growth GDP president Nazarbayev bankrupt rumour KazKommertsBank dollar Asia price

IMF warns Ukraine may need extra $19 bn in help The International Monetary Fund warned that economically-devastated Ukraine may need an extra $19 billion (14.5 billion euros) in assistance

03 September 2014

Kazakh researcher develops super large-capacity battery Dr Zhumabay Bakenov, a professor at Kazakhstan's Nazarbayev University, has developed a lithium-sulfur battery with 10-fold regular capacity.

02 September 2014

Draghi 'supports' France's call to boost European demand French President and the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation.

02 September 2014

IMF approves $1.4 billion aid payment for Ukraine The International Monetary Fund approved the release of nearly $1.4 billion in fresh funds for troubled Ukraine.

30 August 2014

German jobless rate unchanged in August: data Unemployment in Germany stagnated in August, as clouds continue to build over Europe's biggest economy.

28 August 2014

France's economic malaise: A sense of deja-vu? When Francois Hollande's inaugural parade was drenched in rain, some jokingly wondered whether this was a warning of things to come.

27 August 2014

Germany should drive economic recovery in Europe: IMF chief IMF chief C. Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, suggesting that German wages should rise.

25 August 2014

Ukraine's economy minister announces resignation Ukraine's economy minister announced his resignation following conflicts within the government on how to turn around the economic situation.

22 August 2014

Hollande faces host of headaches on return from holiday President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.

19 August 2014

TENGRI LIFE

TENGRI TRAVEL

Mexican president signs landmark energy reform Mexican President Enrique Pena Nieto signed a package of landmark energy reform bills.

12 August 2014

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.

11 August 2014

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.

08 August 2014

State fund to take over crisis-hit Malaysia Airlines Malaysia Airlines will be taken over by a state investment fund under plans.

08 August 2014

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.

07 August 2014

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.

07 August 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%”.

07 August 2014

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.

06 August 2014

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.

04 August 2014

Astana residents stocking up on dollars 'just in case' Astana residents have been forming queues near currency exchange officer on Thursday.

01 August 2014