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Former Microsoft CEO Ballmer discloses Twitter stake 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.

17 October 2015

Greece adopts more painful reforms demanded by creditors Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.

17 October 2015

Greece reaches deal with creditors: government source Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.

11 August 2015

Loans in dollars are dangerous: head of Kazkom Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.

27 July 2015

Kazakhs bore into microcredits amid shortage of tenge in banks Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.

21 March 2015

Greece draws up reforms as emergency debt meeting looms 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.

10 February 2015

Kazakh banks experiencing tenge shortages Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.

04 February 2015

Kazakh farmers face stringent loan terms, development of agribusiness inhibited 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.

07 September 2014

Kazakh banks misusing National Fund money to be fined Chairman of Damu Fund Lyazzat Ibragimova said that banks would face penalties in case they misuse the National Fund's resources.

29 April 2014

Consumer loans in Kazakhstan reach 2.3 trillion Tenge Consumer credit for an average wage worker in Kazakhstan does not exceed a four months' salary, Tengrinews reports citing Ranking.kz.

14 April 2014

China and Russia to spend $400 million on Kazakhstan power plant China and Russia will provide 400 million dollars for construction of Ekibastuz GRES-2 Power Plant in Kazakhstan.

16 January 2014

Japan retains status as top creditor nation 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.

28 May 2013

Venezuela moves to relieve toilet paper shortage 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.

22 May 2013

S&P warns of little iron ore respite for miners 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.

03 October 2012

Moody's holds Spain rating pending eurozone moves 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.

01 September 2012

Visa, MasterCard to pay billions in card-fee suit 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.

14 July 2012

Astana gets Moody's Baa3 rating with stable outlook Moody’s International rating agency assigned Astana a positive issuer rating of Baa3 with stable outlook.

12 June 2012

Trial over Kazakhs accused on fraud to start in the U.S. Trial over Kazakhstan citizens accused of credut card fraud will start in the U.S.

25 January 2012

Moody's set conditions Kazakhstan is to meet for rating Moody’s will upgrade the credit rating of Kazakhstan if it improves diversification of the economy and enhance its banking regulation.

30 December 2011

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