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  1. Main
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Finance

Kazakhstan to start investing its National Oil Fund assets into its own economy starting from 2014 Kazakhstan to start investing its National Oil Fund assets into its own economy starting from 2014 The annual transfer [to complement the country’s budget] from the National Oil Fund will make up about $9 billion.
12 September 2013
Kazakhstan is second largest CIS investor: EDB Kazakhstan is second largest CIS investor: EDB Kazakhstan is the second largest investor in the CIS with the investments volume of $5.6 billion.
10 September 2013
The Government to keep on exiting companies earlier bailed out amidst the global financial crisis: President Nursultan Nazarbayev The Government to keep on exiting companies earlier bailed out amidst the global financial crisis: President Nursultan Nazarbayev The share of the Government in industrial and infrastructure assets is to be slashed, the President said.
10 September 2013
National Bank releases 5 000 coin dedicated to tenge's 20th anniversary National Bank releases 5 000 coin dedicated to tenge's 20th anniversary The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.
10 September 2013
US Federal Reserve faces changeover in midstream US Federal Reserve faces changeover in midstream There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.
08 September 2013
Kazakhstan and China agree on construction of an oil refinery Kazakhstan and China agree on construction of an oil refinery At the sitting of the Kazakh-Chinese Business Council the two sides signed contracts worth over $22 billion, according to Umirzak Shukeev, Head of Samruk Kazyna Sovereign Wealth Fund.
08 September 2013
20% of the Single Pension Fund’s assets to be invested abroad 20% of the Single Pension Fund’s assets to be invested abroad I am not sure the pension reform is complete before the end of the year: Central Bank Governor.
06 September 2013
Kazakhstan to lower corporate income tax Kazakhstan to lower corporate income tax Kazakhstan mulls lowering corporate income tax from 20 to 15 percent in 2014.
06 September 2013
IMF warns G20 of slowing emerging economies IMF warns G20 of slowing emerging economies The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.
05 September 2013
TENGRI LIFE
TENGRI TRAVEL
Assets of the National Oil Fund to exceed $122 billion by 2016 Assets of the National Oil Fund to exceed $122 billion by 2016 A transfer of $980.3 million will be made in 2014 out of the National Oil Fund to finance prep works for EXPO-2017 to be held in Astana.
28 August 2013
Kazakhstan to introduce differentiated rates of tax on real estate Kazakhstan to introduce differentiated rates of tax on real estate The country’s media reported earlier that Kazakhstan’s respective ministries seek to substantially raise taxes on cars equipped with engines of 3-4 liters.
28 August 2013
US to hit debt ceiling in mid-October: Treasury US to hit debt ceiling in mid-October: Treasury The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts.
27 August 2013
Greece may need new bailout of 10bn euros Greece may need new bailout of 10bn euros Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
26 August 2013
Brazil to spend $55 billion to defend sagging real Brazil to spend $55 billion to defend sagging real Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.
25 August 2013
Australia's Commonwealth Bank posts record profit Australia's Commonwealth Bank posts record profit Australia's biggest bank, the Commonwealth, on Wednesday posted an eight percent jump in full-year net profit to a record Aus$7.68 billion (US$6.98 billion).
14 August 2013
Single Pension Fund to purchase other Kazakhstan pension funds' stock by year end Single Pension Fund to purchase other Kazakhstan pension funds' stock by year end Purchase of the shares of Kazakhstan’s pension funds by the Single Pension Fund will be finalized by the end of 2013.
12 August 2013
Duel over Apple's punishment for e-book price-fixing Duel over Apple's punishment for e-book price-fixing US antitrust attorneys defended their push to restrict Apple in the e-books market as hearings opened Friday on how to punish the the tech giant found guilty of price-fixing.
11 August 2013
National Bank suspends licenses of three banks for currency exchange services National Bank suspends licenses of three banks for currency exchange services The three banks “had violated the country’s legislation on counteraction to laundering illicitly obtained income and interaction to financing of terrorism”.
05 August 2013
Central Bank Governor Marchenko on the rumors of currency devaluation Central Bank Governor Marchenko on the rumors of currency devaluation The spring time was quiet, with no such rumors around. Perhaps people have got bored. Unfortunately, in our country such rumors is a way to entertain oneself: Gregory Marchenko.
02 August 2013
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