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IMF's Lagarde: uncertainty over health of European banks International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.

10 January 2014

Kazakhstan vests EBRD with immunity and tax privileges Kazakhstan Majilis has ratified the agreement between Kazakhstan and European Bank of Reconstruction and Development.

09 January 2014

KazAgro borrows $100 million from Royal Bank of Scotland KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland.

06 January 2014

Kazakhstan banks to start transition to Basel III in 2015 Kazakhstan banks will start transitioning to Basel III standards starting from January 2015.

05 January 2014

China stock market disappoints on double cash crunch A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.

01 January 2014

Azamat Joldasbekov appointed Temirbank Board Chariman Azamat Joldasbekov has been appointed the new Chairman of the Board of Directors of Temirbank.

31 December 2013

Kazakhstan central bank suspends BTA Bank's currency exchange license Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.

23 December 2013

Morgan Stanley sells oil trading assets to Rosneft Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.

21 December 2013

Temirbank appoints new CEO The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.

20 December 2013

EU finance ministers reach banking union deal EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.

19 December 2013

Eurozone ministers make progress on Banking Union Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.

18 December 2013

Billionaire Utemuratov buys two Kazakhstan banks Kazakh billionaire Bulat Utemuratov has finalized the deal to purchase Alliance Bank and Temirbank from Samruk-Kazyna Sovereign Wealth Fund.

13 December 2013

Slovenia to receive banking bailout bill Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.

11 December 2013

Chinese investors look to mine Bitcoin volatility Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.

11 December 2013

Temirbank and Alliance Bank sales: decision to be reached this year The decision on sale of Temirbank and Alliance Bank will be finalized by the end of the year.

04 December 2013

Nurlan Kussainov resigns as Development Bank of Kazakhstan CEO Nurlan Kussainov has resigned as CEO of the Development Bank of Kazakhstan (DBK).

22 November 2013

BoJ holds fire on stimulus, says economy recovering The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.

21 November 2013

Kazakhstan considers Personal Bankruptcy law Kazakhstan is considering adopting a personal bankruptcy law.

20 November 2013

Japan October trade deficit nearly doubles on energy bills Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.

20 November 2013

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