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Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.
19 November 2015
Daniar Akishev. Photo  © Turar Kazangapov National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.
18 November 2015
Spain backs France's decision to miss EU deficit target Spain backed France's decision to let EU deficit obligations slide in order to step up spending on security in the wake of the Paris terror attacks.
18 November 2015
Daniyar Akishev ©Yaroslav Radlovsky Kazakhstan changes central bank governor Kazakhstan central bank Governor Kairat Kelimbetov was dismissed, Daniyar Akishev has been appointed as new National Bank Governor.
17 November 2015
Bolat Zhamishev ©ortcom.kz Chairman of Development Bank of Kazakhstan on public trust in tenge Kazakhstanis will trust tenge only when they understand reasons behind exchange rate fluctuations: Chairman of Kazakhstan Development Bank.
17 November 2015
©Turar Kazangapov Tenge depreciation not enough to help Kazakh exporters In spite of a massive depreciation of the Kazakh tenge, further measure need to be taken to help the domestic manufacturers in Kazakhstan.
17 November 2015
©Temirlan Ospanov National Champions to increase Kazakhstan's exports and GDP National Champions are expected to develop Kazakhstan's industry and considerably increase non-commodity exports by 2018.
17 November 2015
Japan dips into recession in stumble for 'Abenomics' Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.
16 November 2015
Turkey cancels $3.4 bln missile deal with China Turkey has cancelled a multi-billion-dollar deal with China to build its first anti-missile system that had alarmed Ankara's allies in NATO.
16 November 2015
©Turar Kazangapov Kazakh tenge's sharp fluctuations period over: opinion According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.
16 November 2015
Russian jet crash puts Sharm resort staff on 'unpaid leave' The Russian plane crash in Egypt has forced Sharm el-Sheikh hotels to send dozens of staff on "unpaid leave" as tourist numbers dwindle, with tens of thousands of jobs at risk within months.
13 November 2015
©Turar Kazangapov Kazakh tenge real exchange rate down by 24.7% in 2015 National Bank of Kazakhstan released data on Kazakh tenge real exchange rate against the currencies of Kazakhstan's major trade partners.
13 November 2015
Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle According to German Deutsche Welle, sharp tenge depreciation caused some foreign workers, who came to Kazakhstan for better prospects, to consider going back home.
13 November 2015
Cameron announces £9bn in UK-India deals during Modi visit Prime Minister David Cameron said British and Indian companies will announce deals worth a total of £9.0 billion during his Indian counterpart Narendra Modi's visit to Britain.
13 November 2015
Photo courtesy of facebook.com. Kazakhstan's Kaspi Bank acquires status of bank holding company One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.
12 November 2015
©Tengrinews Russia-Kazakhstan exchange rate policy implications discussed in Astana Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.
12 November 2015
Photo © Tengrinews.kz Geo-economy of Eurasian region discussed at Astana Club The first meeting of the Astana club has gathered over 50 experts in economics, politics, international relationships to discuss the geo-economic situation in the Eurasian regio
12 November 2015
UniCredit, feeling squeeze from low rates, cuts 18,200 jobs Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.
12 November 2015
French PM says opposed to Renault, Nissan merger French Prime Minister Manuel Valls said he was opposed to a full merger of Renault and Nissan, but wanted to "preserve the alliance", following a week of mounting tensions over the role of the state in the carmaker.
09 November 2015
IMF chief urges Gulf to adapt to sustained oil price drop International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.
09 November 2015
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