Six countries sign US pacts in fight against tax fraud The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.
20 December 2013
Spaniards bet on slimmed-down 'Fat One' Christmas jackpot Spaniards are digging into their pockets to gamble on their beloved "Fat One" Christmas lottery with the world's richest total payout, but winners will get slimmed-down prizes this year as a new austerity tax takes a bite.
20 December 2013
EU finance ministers reach banking union deal EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.
19 December 2013
Central Bank Governor on expediency of the new 20,000-tenge note Prices can go up pushed by high expectations of the currency devaluation. Let’s not hurry: Kairat Kelimbetov.
19 December 2013
Living wage to be raised in Kazakhstan in 2017 After the controversy around the minimum living wage is Kazakhstan, Kazakhstan Minister of Labor and Social Protection of Population Tamara Duisenova promised to raise the living wage in 2017.
18 December 2013
Eurozone ministers make progress on Banking Union Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.
18 December 2013
National Bank issues new 1000 tenge A new 1000 tenge bill was issued and put into circulation by the National Bank of Kazakhstan on December 12, 2013.
17 December 2013
Kazakhstan to retain level of state support to agriculture after entering WTO Kazakhstan’s accession into the WTO is not going to affect the level of state support to agriculture: Vice-Minister of Agriculture.
16 December 2013
Kazakhstanis made over 60 million leisure and business trips abroad in the last 13 years In 2012 the number of students from Kazakhstan at foreign universities stood at 65 000: President Nazarbayev.
16 December 2013
Japan to pledge $20 bn aid to ASEAN: reports Japan will pledge $20 billion in aid to Southeast Asian countries at a 11-nation summit this weekend as it looks to shore-up ties in a region increasingly dominated by China, reports said Friday.
13 December 2013
Billionaire Utemuratov buys two Kazakhstan banks Kazakh billionaire Bulat Utemuratov has finalized the deal to purchase Alliance Bank and Temirbank from Samruk-Kazyna Sovereign Wealth Fund.
13 December 2013
Cheap money party over, analysts warn as fears rise of asset bubbles Cash is so cheap these days that investors have been borrowing and ploughing them in assets from artwork to wine to bitcoins, betting that prices would rise.
13 December 2013
Bailout over but suffering goes on for Ireland's most needy Ireland will receive plaudits this weekend when it exits its financial bailout but advocacy groups warn that the most vulnerable in society will still suffer from lingering austerity measures.
12 December 2013
Slovenia to receive banking bailout bill Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.
11 December 2013
Chinese investors look to mine Bitcoin volatility Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
11 December 2013
Bitcoin may threaten Kazakhstan's financial stability: Dalenov Bitcoin currency may be a threat to the financial system of Kazakhstan: Kazakhstan Vice-Minister of Finance Ruslan Dalenov.
10 December 2013
US urges Supreme Court to review Argentina debt case The US government has urged the Supreme Court to intervene in Argentina's fight over paying up on its defaulted debt, saying a lower court ruling against the country was wrong.
07 December 2013
Japan, SE Asia in talks to expand currency swap Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-ASEAN summit next week.
06 December 2013
Tokyo to launch $53.8 bn stimulus package Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.
05 December 2013
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