Toxic Assets Fund has been slow to buy out toxic assets: Central Bank Governor
Kazakhstan’s banks should sell their NPLs at a reasonable discount (…) they had better not concentrate on such NPLs; let the Toxic Assets Fund deal with them: Gregory Marchnko.
Central Bank Governor on devaluation of the national currency, the Tenge
According to him, since February 2009 the Tenge has grown against the Dollar by 12%.
Global economy may be in 'softer patch': Lagarde
The head of the International Monetary Fund, Christine Lagarde, warned Tuesday the global economy may be slowing more than thought just over a month ago.
US Treasury implements measure to avoid new debt
The US Treasury Friday stopped re-investing in a retirement fund, a major step in its efforts to avoid exceeding the debt ceiling.
EU, IMF, praise Greek progress battling debt
Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
UBS France placed under investigation
Paris investigators placed the French branch of Swiss bank UBS under formal investigation Friday on suspicion it helped try to persuade rich French clients to open undeclared accounts in Switzerland.
Kazakhstan to spend additional $1.3 billion on countering religious extremism
These are the additional funds. The actual spending on this program exceeds the above amounts: Kazakhstan official.
Astana interested in foreign investments
Astana is a city with very attractive opportunities: Astana Mayor Imangali Tasmagambetov.
Japan retains status as top creditor nation
Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.