Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.
Kazakh Minister of Economy and Budget Planning Yerbolat Dossayev said that the ongoing crisis in Ukraine and the slowdown of the Russian economy posed risks to the Kazakhstan economy.
The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
Kazakhstan and Korea have agreed on three major joint projects: construction of the Balkhash Thermal Power Plant, construction of a gas chemical facility in Atyrau Oblast and development of Zhambyl oil and gas field.
Argentina will not make a bond service payment due June 30 in New York as ordered by a US judge, the economy ministry said Wednesday, moving the country closer to default.
Standard & Poor’s rating agency predicts a decline in Kazakhstan GDP to 4.5% due to reduced volumes of oil production and a slowdown of the Russian economy.
President Cristina Kirchner said that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.
Morocco has raised one billion euros ($0.7 billion) on the international market in a 10-year bond at 3.5 percent, Finance Minister Mohamed Boussaid said.
Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.
The president of Belarus Alexander Lukashenko, Kazakhstan’s president Nursultan Nazarbayev, and Russia’s Vladimir Putin has signed the Treaty establishing the Eurasian Economic Union.
Russian President Vladimir Putin on Thursday arrived in the Kazakh capital where he was set to sign a deal with his Kazakh and Belarussian counterparts creating a new economic union championed by Moscow.
Astana’s mayor Imangali Tasmagambetov declared that the shadow economy in Kazakhstan’s capital Astana is worth around 540 billion tenge ($3.97 billion).
We should be ready to face a substantial weakening of the global economy growth (…) the situation seems to be worsening, rather than getting better: President Nazarbayev.