Former Microsoft chief executive Steve Ballmer disclosed that he has taken a four percent stake in Twitter, expressing confidence in the messaging platform's new management team.
Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.
Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.
Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.
Greece's radical new government was fine-turning details of a controversial reform deal it hopes to seal with sceptical EU creditors at critical talks.
Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
There are several financial constraints for achieving development of Kazakhstan's agriculture, experts say. Alleviating these is necessary to boost the industry and make Kazakhstan-made products competitive internationally.
Chairman of Damu Fund Lyazzat Ibragimova said that banks would face penalties in case they misuse the National Fund's resources.
Consumer credit for an average wage worker in Kazakhstan does not exceed a four months' salary, Tengrinews reports citing Ranking.kz.
China and Russia will provide 400 million dollars for construction of Ekibastuz GRES-2 Power Plant in Kazakhstan.
Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
Venezuela's National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.
Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
Moody's said Thursday that it would hold its review of Spain's credit rating until late September as it waits for more clarity on the European Stability Mechanism and moves for a eurozone banking union.
Credit card giants Visa and MasterCard agreed Friday to pay more than $6 billion to millions of merchants which had sued them for allegedly fixing card-use fees.
Moody’s International rating agency assigned Astana a positive issuer rating of Baa3 with stable outlook.
Trial over Kazakhstan citizens accused of credut card fraud will start in the U.S.
Moody’s will upgrade the credit rating of Kazakhstan if it improves diversification of the economy and enhance its banking regulation.
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