Finance - страница 40

Tenge news National Bank Marchenko Kazakhstan Kazakh Central Bank

Kazakhstan’s Central Bank Governor on plans to issue a 20-thousand-tenge note The issue has nothing to do with devaluation. The new note is being issued to celebrate the 20th anniversary of the Tenge, Kazakhstan’s national currency: Gregory Marchenko.

26 July 2013

Kazakhstan’s Central Bank seeks to maintain inflation within 6-8% Despite the lingering uncertainty of the global economy, Kazakhstan’s economy has been stable, with the GDP growing 5.1% in the H1 2013. The annual inflation stands at 5.9%: Economy Minister.

25 July 2013

Kazakhstan’s Central Bank on rumors of the Tenge devaluation For the recent 4.5 years there have been rumors of devaluation more than 15 times: Central Bank Governor Gregory Marchenko.

25 July 2013

Kazakhstan retains GDP growth at 5.1% The economy growth is driven by the growing consumer spending: the country’s retail turnover has grown by 12.3% since the start of the year: Economic Affairs Minister.

23 July 2013

Kazakhstan’s Government mulling a Eurobond issue The country’s international reserves grew 4.1% in the H1 2013, reaching $89.6 billion: Minister of Economic Affairs.

23 July 2013

G20 gets 'action plan' to fight tax avoidance The OECD has presented the G20 nations with a bold strategy to crack down on tax avoidance by corporate giants and the super rich, and so boost overstretched national budgets.

20 July 2013

Philippines' San Miguel reaps $400 mn in power sale Philippine conglomerate San Miguel Corp. said Friday it sold part of its minority stake in the country's main electricity retailer for nearly $400 million.

20 July 2013

Detroit becomes largest US city to file for bankruptcy Detroit on Thursday became the largest city in US history to file for bankruptcy protection after decades of decline and mismanagement rendered the home of the nation's auto industry insolvent.

19 July 2013

Almaty leads by budget incomes in 2013 The average budget income per one Almaty citizen has made 730 thousand tenge ($4,900) in 2013.

18 July 2013

TENGRI LIFE

TENGRI TRAVEL

Europe floods to cost insurers up to $4.5 billion: Swiss Re The devastating floods that hit central and Eastern Europe last month caused up to $4.5 billion (3.5 billion euros) in losses for the insurance industry.

09 July 2013

Merkel hosts leaders to fight youth unemployment German Chancellor Angela Merkel hosts European leaders in a bid to tackle sky-high youth unemployment.

03 July 2013

Oil trafficking funds Kazakhstan's religious extremists Illicit trafficking in oil and oil products fuels Kazakhstan's shadow economy and provides funding to organized criminal groups, including radical religious movements: official.

01 July 2013

Spain raises taxes on alcohol, tobacco The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.

29 June 2013

Lebanon tourism pays the price for Syria's war Dia's restaurant in the Lebanese resort village of Aley is deserted. Most years, he caters to thousands of rich Gulf Arab tourists and to visiting expats, but this year no one has come.

29 June 2013

EU leaders pledge job funds, back new budget European leaders on Friday agreed to deploy 8.0 billion euros ($10.4 billion) to help create jobs for young people at a summit that also backed a tentative deal on the EU's next trillion-euro budget, despite simmering doubts.

29 June 2013

Lagarde hopes Europe will 'one day' appreciate IMF IMF chief Christine Lagarde hopes the new Greek government "will hold" and that "one day" the Fund's work in Europe, currently the target of criticism.

28 June 2013

Murdoch, Abu Dhabi group eye Financial Times: report Media mogul Rupert Murdoch and Abu Dhabi's state media group are in talks to acquire the Financial Times Group for about $1.2 billion.

28 June 2013

EU ministers agree on new bank rescue rules European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.

27 June 2013

Moody’s Investors Service on Kazkahstan’s 2013 GDP According to the rating agency, GDP can be maintained at 5% in 2014, with the growth depending on the giant Kashagan oilfield expected to start commercial production later this year.

26 June 2013