Finance - страница 6

Spain backs France's decision to miss EU deficit target Spain backed France's decision to let EU deficit obligations slide in order to step up spending on security in the wake of the Paris terror attacks.

18 November 2015

Kazakh Senate passes bill prohibiting foreign currency mortgage loans Kazakh Senate, the upper house of Kazakhstan’s Parliament, has passed a bill on non-performing loans and assets of second-tier banks.

17 November 2015

Chairman of Development Bank of Kazakhstan on public trust in tenge Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.

17 November 2015

President Nazarbayev: the tenge is not facing something extraordinary According to him, the national currency is just feeling the pressure of falling prices for hydrocarbons, which is natural.

17 November 2015

Japan dips into recession in stumble for 'Abenomics' Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

16 November 2015

Russian jet crash puts Sharm resort staff on 'unpaid leave' The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.

13 November 2015

Kazakh tenge real exchange rate down by 24.7% in 2015 National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.

13 November 2015

IMF chief urges Gulf to adapt to sustained oil price drop International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.

09 November 2015

Second Baltic pipeline will cost Ukraine $2bn a year: PM Ukrainian Prime Minister Arseniy Yatsenyuk blasted a planned second gas pipeline under the Baltic Sea, claiming it would cost his country $2 billion (1.8 billion euros) a year in lost revenue.

06 November 2015

TENGRI LIFE

TENGRI TRAVEL

Moscovici confident of 'compromise' with Greece on remaining reforms The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.

04 November 2015

Commerzbank plans dividend for 2015 despite drop in Q3 profits Commerzbank, Germany's second biggest lender, said that profits were down in the third quarter, but it still planned to pay out a dividend to shareholders for the whole year.

02 November 2015

Greece 'has no time to lose' to meet creditor demands: Dombrovskis The European commissioner for the euro told Athens it has "no time to lose" in carrying out reforms its international creditors have demanded in exchange for bailout funds.

26 October 2015

Russia to open $5 bn Iran credit line: Tehran Russia plans to open a $5 billion credit line for Iran to help finance infrastructure projects in the country, officials from both countries said during a visit by Moscow's energy minister.

23 October 2015

Kazakhstan’s Central Bank Governor on tenge prospects We believe the current exchange rate of 277 tenge for USD1 reflects the true market value and is the one the country’s economy benefits from: Kairat Kelimbetov.

21 October 2015

Deutsche Bank accidentally sent client $6 billion: report Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported.

20 October 2015

S&P upgrades Ukraine from 'selective default' Standard and Poor's upgraded Ukraine's credit rating from "selective default" thanks to the cash-strapped former Soviet country's ability to strike a major debt write-restructuring deal.

20 October 2015

We are approaching a more severe crisis than the one we faced back in 2007-2009: President Nazarbayev According to him, due to falling global prices for hydrocarbons, budget revenues have dropped by 40%. Besides, global prices are falling for major Kazakhstan’s commodities.

20 October 2015

Brazil finance minister to keep job: president Brazilian President Dilma Rousseff sprang to the defense of her embattled finance minister, saying she would not be pressured into sacking him.

19 October 2015

Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.

19 October 2015