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Finance

United States sentence news fraud finance Court CEO Americas Samruk Kazyna Kazakhstan Kazakh
US cuts prison term of disgraced Enron CEO Skilling US cuts prison term of disgraced Enron CEO Skilling A US judge cut 10 years off the prison sentence of disgraced former Enron chief executive Jeff Skilling on Friday after he spent years fighting his original 24-year jail term for fraud.
23 June 2013
Halyk Bank may give up on BTA deal Halyk Bank may give up on BTA deal The deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.
21 June 2013
Moody's confirms Astana's positive rating with Stable outlook Moody's confirms Astana's positive rating with Stable outlook International rating agency Moody’s has confirmed Astana’s investment rating at the level of Baa3 with Stable outlook.
19 June 2013
Reasons for postponement of the People’s IPO Program Reasons for postponement of the People’s IPO Program According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
19 June 2013
Kazakhstan’s Government and ADB to carry out joint research Kazakhstan’s Government and ADB to carry out joint research The research will be financed by the country’s Government and the Bank on parity basis from 2013 to 2015.
18 June 2013
Kazakhstan government hopes for 6-percent economy growth in 2013 Kazakhstan government hopes for 6-percent economy growth in 2013 The crisis and the recession are still in the act and not everything is going well at the global markets: Serik Akhmetov.
17 June 2013
Kazakhstan National Fund to publish expenses Kazakhstan National Fund to publish expenses Reports on expenditures of the National Fund of Kazakhstan are to be published on the Internet to ensure transparency of the money use.
17 June 2013
Kazakhstan GDP grows 5 percent in January-May 2013 Kazakhstan GDP grows 5 percent in January-May 2013 GDP growth made 5 percent in January-May 2013, which is 0.2 percent higher than in January-April this year: Minister.
11 June 2013
Consumers in crisis-hit Spain put brakes on spending Consumers in crisis-hit Spain put brakes on spending Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.
11 June 2013
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IMF admits 'notable failures' in 2010 Greece rescue IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
Toxic Assets Fund has been slow to buy out toxic assets: Central Bank Governor 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 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 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 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 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 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 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 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 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
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