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Facebook at half-price: which way now? If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.

23 August 2012

Berlin douses hopes of quick euro crisis fix Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.

21 August 2012

German region to buy more Swiss tax cheat data The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.

21 August 2012

Greek euro exit 'manageable' but expensive: ECB A Greek exit from the eurozone would be "manageable" even if it would be expensive and result in higher unemployment.

20 August 2012

Italy's Monti warns against euro being EU 'break-up factor' The euro must not become a "break-up factor" that pits northern Europe against crisis-choked nations in the south of the continent.

20 August 2012

Kazakhstan’s National Oil Fund assets might be used to finance S&MBs With the assets of the National Oil Fund used to finance S&MBs, the APR could stand at 6-7%.

16 August 2012

Asian economies most at risk from natural disasters Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday.

16 August 2012

Indian PM pledges to attract more foreign investment Indian PM Manmohan Singh used his Independence Day speech on Wednesday to promise to improve conditions for foreign investment in the country after a sharp downturn in economic growth.

15 August 2012

BTA Bank opened yuan account in the Industrial and Commercial Bank of China BTA Bank and ICBC, the world’s biggest bank by assets, agreed to open a correspondent account of BTA Bank in ICBC Almaty.

14 August 2012

TENGRI LIFE

TENGRI TRAVEL

Japan invests in Atyrau refinery Kazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.

09 August 2012

'Preferential shares' scandal ruins Spanish savers The bank called them "preferential stakes", but Inocencio Merino would prefer to have avoided them.

09 August 2012

Astana ranked 2nd in CIS by salaries level Astana is among the top three CIS capitals by an average monthly salary.

08 August 2012

S&P cuts Greek outlook to 'negative' Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.

08 August 2012

Central Bank Governor on the tenge and growing demand for the US Dollar Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.

08 August 2012

Kazakhstan Central Bank Governor on slashing the key rate Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.

08 August 2012

Turkish economic miracle woos German businesses As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.

07 August 2012

Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.

07 August 2012

Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.

04 August 2012

Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.

03 August 2012