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.
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%”.
Argentina faces default as 'vulture fund' talks fail
Last-ditch talks between Argentina and the US hedge funds it has branded "vultures" failed to reach agreement Wednesday, effectively pushing the country into default.
31 July 2014
Bank of Cyprus completes $1 bn private share placement
Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.