France blacklists 17 countries for handling foreign aid
France has drawn up a blacklist of 17 countries including Switzerland that do not help investigate foreign aid fraud, banning the use of their banks to help distribute development funds.
Bank of Japan says no new easing measures
The Bank of Japan on Wednesday held off fresh easing measures, saying after a two-day policy meeting that a continuation of steps introduced last month would help Japan overcome deflation.
Sri Lanka cuts lending rates hoping for growth
Sri Lanka's central bank Friday cut benchmark lending rates by 50 basis points, saying the move was to designed to encourage growth amid sluggish economic activity this year.
Australia cuts interest rate to record low 2.75 pct
Australia's central bank cut interest rates to a record low of 2.75 percent Tuesday, citing weak domestic inflation coupled with a persistently high dollar as investment in the key mining sector hits its peak.
Notorious French bank robber commits suicide after drugs arrest
Marc Armando, the suspected mastermind behind one of France's most spectacular bank heists two decades ago, has committed suicide in prison.
Temirbank ready to merge with Alliance Bank
Temirbank is ready to merge with Alliance Bank and is waiting for the shareholders’ decision.
Portugal to take two banks to court over swap deals
Portugal said Friday it will take banking giants JP Morgan and Santander to court to make them renegotiate deals that have left state-run companies paying hefty interest rates.
Japan's Nakao elected new ADB president
Takehiko Nakao, a former Japan vice minister for finance, has been elected president of Asian Development Bank.
Patokh Chodiev's nephew buys TAIB Kazak Bank
Orifjon Shadiev (Chodiev) purchased 100 percent of TAIB Kazak Bank becoming its new owner.
Sprint counteroffer to make no difference: SoftBank
Japan's SoftBank said Tuesday it still expects its bid to acquire Sprint Nextel will succeed on schedule in July, despite a higher counter-offer from a US firm.
Kazakhstan has no competitors as possible location for nuclear fuel bank
The place should have a combination of good experience and technological capacities in nuclear sector: Kazakhstan expert.
Swiss banks eager to root out undeclared funds: experts
Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.
Cyprus bank workers to strike over pension fears
Cyprus bank workers are to go on strike Thursday over fears pensions may be at risk under the country's crippling bailout, after the new finance minister vowed to do "whatever it takes" to right the economy.
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s
In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
China's Xi signs multi-million-dollar deals in Congo
China's new President Xi Jinping on Friday signed deals worth several million dollars with his Congolese counterpart in sectors as varied as banking and infrastructure, on the final leg of his three-nation Africa tour.
BRICS stumble in plan for bank to challenge West
Leaders from the BRICS group of emerging powers on Wednesday failed to launch a much-anticipated new development bank to rival Western-dominated institutions like the World Bank.
Bank deposits of Kazakhstan residents exceed their salaries
Kazakhstan residents are saving more money on their bank accounts than they officially earn.
There are no deposits of Kazakhstan citizens in Cyprus banks: Marchenko
We don't see any deposits of Kazakhstan legal entities or individuals in Cyprus banks and our banks have no relations with Cyprus banks: Marchenko.
'Superhuman' efforts made to open Cyprus banks: governor
"Superhuman" efforts are being made to reopen banks in Cyprus on Thursday, as protests and uncertainty over the island's top lender showed a huge bailout has not ended its troubles.
Cyprus banks to stay shut as world markets take fright
Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.