IDB investments to Kazakhstan stand at $500 million This year the Bank is to activate its operations involving the private sector.
16 January 2014
Fed taper poses risks to global pick-up: World Bank The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.
15 January 2014
US Congress unveils $1 trillion spending bill Negotiators from the US Senate and House of Representatives unveiled a $1 trillion spending bill late Monday, eliminating the threat of another government shutdown, at least until October.
14 January 2014
Li's Power Assets to spin off HK unit Li Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.
13 January 2014
Singapore monitoring new forms of illicit financing Asian financial hub Singapore on Friday said it was scrutinising trade in virtual currencies such Bitcoin, precious stones and metals to forestall new forms of illicit financing by criminals and terrorists.
12 January 2014
IMF's Lagarde: uncertainty over health of European banks International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.
10 January 2014
China has world's most outbound tourists: report Nearly 100 million Chinese tourists visited foreign countries last year, and they are likely to extend their lead as the world's biggest-spending travellers, state media reported Thursday.
09 January 2014
China box office revenue hits $3.6 bn in 2013: report China's box office takings leaped to $3.6 billion last year, up 27.5 percent on 2012, as nearly 14 screens were added every day to the world's second-largest film market.
08 January 2014
KazAgro borrows $100 million from Royal Bank of Scotland KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland.
06 January 2014
Kazakhstan central bank to solve large denomination currencies exchange problem The National Bank of Kazakhstan is going to solve the problem of exchange of large denominations.
04 January 2014
Dollar gains on euro as new year opens The dollar rose against the euro Thursday as investors pushed back into the greenback and sent US bond yields lower.
03 January 2014
$800 million to be invested into second-tier banks by Baiterek Holding Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.
31 December 2013
Top French court approves 75% company tax on high salaries France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.
30 December 2013
Obama signs defense, budget bills into law President Barack Obama signed into law Thursday the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense measure that takes a step toward ultimate closure of Guantanamo.
27 December 2013
Mortgage loans are for rich people: Kazakhstan's central bank governor Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.
25 December 2013
Japan OKs record budget, sees deflation threat recede Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
25 December 2013
Kazakhstan central bank suspends BTA Bank's currency exchange license Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.
23 December 2013
EU banking union too complicated, too slow: analysts An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
23 December 2013
Tourists to spend $10 billion during Brazil World Cup Foreign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.
21 December 2013
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