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.
06 June 2013
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%.
06 June 2013
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.
05 June 2013
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.
02 June 2013
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.
01 June 2013
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.
01 June 2013
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.
30 May 2013
Astana interested in foreign investments Astana is a city with very attractive opportunities: Astana Mayor Imangali Tasmagambetov.
30 May 2013
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.
28 May 2013
Kazakhstan to pay $16 million to consultants for EXPO-2017 These are the funds to pay the fees to consultants for registering Kazakhstan's profile: Minister of Economy.
27 May 2013
Kerry unveils $4 bn Palestinian investment plan US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013
Guatemala extradites ex-president to US Guatemala extradited former president Alfonso Portillo to the United States on Friday to face charges of laundering $70 million of swindled government funds through US banks.
27 May 2013
'Furlough Friday' hits US federal employees The first day of US government furloughs imposed by a budget crunch saw more than 100,000 federal workers ordered to stay home Friday.
25 May 2013
Kazakhstan to spend 2% of its GDP annually on green technology It’s unjustified carelessness to postpone searching for solutions to environment-related issues: President Nazarbayev.
24 May 2013
Kazakhstan’s Central Bank Governor on single currency within Customs Union It could take us a decade if we build on the Eurozone experience, he believes.
24 May 2013
Kazakhstan’s President suggested working out global mechanisms to regulate issuance of derivatives and exercising control over offshore zones According to him, money siphoned off national economies is like a delayed-action mine that could detonate any time.
23 May 2013
40 agreements worth $400 million to be signed at Astana Economic Forum Over 40 memorandums and agreements totally worth $400 million will be signed during the 6th Astana Economic Forum in Kazakhstan.
22 May 2013
Kazakhstan to establish $1 bln venture fund An innovation-oriented venture fund with a capital of $1 billion will be established in Kazakhstan.
22 May 2013
Sberbank Kazakhstan and Development Bank of Kazakhstan to jointly finance projects Besides, Sberbank Kazakhstan has signed an agreement with IFC, with the latter providing a loan to finance S&Mbs.
22 May 2013
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