Royal Bank of Scotland posts 2012 net loss of £5.971 billion State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
28 February 2013
Australian government pension fund dumps tobacco The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
28 February 2013
Kazakhstan government to pay $3 million for seeds Seeds deficiency is expected in the amount of 80 thousand tons this year in Kazakhstan: Agriculture Minister.
28 February 2013
To launch the single pension fund, amendments are to be introduced into 22 laws and 8 Codes: Central Bank Governor Should the amendments be passed in the autumn only, no consolidation could take place.
27 February 2013
Marchenko points at Kazakhstan private pension funds' mistakes Kazakhstan private pension funds were over-investing in public securities inside Kazakhstan and under-investing abroad: Marchenko.
26 February 2013
Kazakhstan Religious Affairs Agency to receives 1 billion tenge in 2013 The Agency's budget for 2013 grew 1.5-fold comparing to 2012: executive secretary.
26 February 2013
China ratings firm warns of global 'currency crisis' Rising sovereign debt levels in advanced economies are spawning a crisis that threatens to topple the dollar and other reserve currencies.
25 February 2013
Almaty's budget revenues made $2 billion in 2012 Almaty bolstered its position as the country’s financial center: Almaty Akim.
25 February 2013
Kazakhstan to switch to per-second calls billing by 2014 The Kazakhstan program's last step involves cutting the billing increment for for international calls from 10 seconds to 1 second.
25 February 2013
Kazakhstan students owe billions to the state Kazakhstan Financial Center is reclaiming the loans issued by the state in 1999-2005 in court.
21 February 2013
Yessimov voices expenses of Year of Culture in Almaty 5.4 billion tenge ($36 million) were spent to hold the Year of Culture events in 2012 in Almaty.
21 February 2013
State to pay for exterminated sick cows in north Kazakhstan The state agreed with KazAgroFinance on reimbursement of costs to the Kazakhstan farms, including the expenses for food and care, as well as the salaries of the farms' employees.
19 February 2013
Merger of Kazakhstan’s pension funds planned since 2010 A foreign company interested in the local market suggestion to merge all the Kazakhstan pension funds into one and transfer it to foreigners for management was made in 2010: source.
19 February 2013
Almaty drivers fined 1 billion tenge in 2 months Over 98 thousand violations of traffic rules were registered and 95 thousand tickets worth over 1 billion tenge were issued in Almaty since December 2012.
18 February 2013
Kazakhstan to retain inflation at 6-8 percent Kazakhstan National Bank has approved the Key Monetary Policies of Kazakhstan for 2013.
17 February 2013
EU states want 'fair tax share' from big business The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.
16 February 2013
Britain warns against 'economic warfare' on forex at G20 British Finance Minister George Osborne warned against "economic warfare" as the G20 states of top world economies met hoping to allay fears they could devalue national currencies to boost economic activity.
16 February 2013
Kazakhstan Oil Ministry fines subsoil users 350 million tenge Since 2010 Kazakhstan has a right to impose penalties on companies for nonperformance of contract obligations on local content: Ministry.
15 February 2013
General declaration of incomes and property to be introduced in Kazakhstan by 2017 Kazakhstan Finance Minister talked about its plans to introduce the general declaration of incomes in Kazakhstan.
13 February 2013
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