Kazakhstan National Bank slashes key rate Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
07 August 2012 12:43
Commodity prices mostly fall on lack of stimulus measures 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 18:48
Euro stays weak in Asia after ECB disappointment 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 18:38
Kazakhstan slashes the key rate from the current 6% to 5.5% from August 6 Kazakhstan slashes the key rate from the current 6% to 5.5% from August 6 In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
02 August 2012 18:44
British finance minister fighting for survival: press British finance minister fighting for survival: press British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.
27 July 2012 11:19
Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.
26 July 2012 17:31
Kazakhstan road policemen will get pay rise Kazakhstan road policemen will get pay rise Last year their wages were raised by 30 percent. This year we are planning an additional raise: Road Police chairman.
26 July 2012 14:18
Kazakhstan government will help famers suffering from drought Kazakhstan government will help famers suffering from drought Kazakhstan Agriculture Ministry is working on measures to support farmers in relation to the severe drought in Kazakhstan.
26 July 2012 14:10
Kyrgyzstan gas debt to Kazakhstan is complicated and growing Kyrgyzstan gas debt to Kazakhstan is complicated and growing KyrgyzGas finds it had to collect the debts from its Kyrgyz users of gas.
26 July 2012 14:00
National Bank’s Governor doesn’t rule out further slashing down the key rate National Bank’s Governor doesn’t rule out further slashing down the key rate In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
25 July 2012 22:59
Kazakhstan to shortly ban Ponzi schemes Kazakhstan to shortly ban Ponzi schemes The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.
25 July 2012 21:28
National Oil Fund’s average annual earning capacity stands at 4.51% National Oil Fund’s average annual earning capacity stands at 4.51% The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.
25 July 2012 21:03
Euro inches off multi-year lows in Asian trade Euro inches off multi-year lows in Asian trade The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.
25 July 2012 18:22
Huge money spin in Kazakhstan's shadow economy Huge money spin in Kazakhstan's shadow economy The turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.
25 July 2012 12:42
Moody's cuts Germany outlook Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."
24 July 2012 18:30
China’s investments to Kazakhstan standing at $13 billion China’s investments to Kazakhstan standing at $13 billion According to China’s statistics, trade turnover last year reached $24.95 billion, 22% up against 2010.
24 July 2012 13:47
Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah raises concerns Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.
24 July 2012 11:16
Euro falls to lowest against yen in over a decade Euro falls to lowest against yen in over a decade The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.
23 July 2012 14:11
Oil strikes two-year high; soya scores record high Oil strikes two-year high; soya scores record high Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.
22 July 2012 12:36

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