site.news_by_theme finance
Kazakh banks may benefit from tenge devaluation: experts
Experts share their views on the possible implications of devaluation of the tenge for Kazakhstani banks.
24 March 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
British PM creates fund to curb Russian influence: reports
British Prime Minister David Cameron is establishing a fund to help Eastern European states resist pressure from Russia, several media outlets reported.
20 March 2015
Britain awaits critical pre-election budget
Britain's coalition government will deliver a highly political budget Wednesday that will set the stage for a knife-edge election battle in 50 days' time.
18 March 2015
KazKom purchases BTA, Kenes Rakishev purchases KazKom
34-year old Kazakh businessman Kenes Rakishev becomes one of KKB's major shareholders as part of the ongoing integration KKB and BTA banks.
12 March 2015
France stuck in deflation in February: official
The French economy, the second largest in the eurozone, remained stuck in deflation in February, according to official figures published.
12 March 2015
KazMunaiGas Exploration and Production profits falls by 67 percent in 2014
Profits of Kazakhstan's largest oil production company fall in 2014.
11 March 2015
Head of Kazakh bank tags tenge deficit artificial
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
07 March 2015
India pledges $137 bn to modernise railways
India said it would spend $137 billion to modernise its crumbling railways, pledging to end a vicious cycle of under-investment.
26 February 2015
Moody's downgrades Russia debt to 'junk' level
Moody's cut Russia's debt rating by one notch into 'junk' territory, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.
21 February 2015
Greece eyes pain-free EU loan deal
Greece was expected to bid for extra debt crisis aid from the EU without strings attached, ahead of a closely-watched ECB meeting on the country's emergency funds.
18 February 2015
Greece handed ultimatum as eurozone bailout talks collapse
Eurozone ministers have handed Greece an ultimatum to request an extension to its bailout programme after crunch talks collapsed.
17 February 2015
French MPs to vote on controversial reform plan
Millions of tourists in Paris will be able to shop all-week long if French MPs pass a controversial set of reforms seen as vital to unblock its stuttering economy.
17 February 2015
Greece, eurozone thrash out high-stakes debt rescue changes
Greece goes into talks with its eurozone partners demanding changes to a massive international bailout.
16 February 2015
Kazakh Central Bank Governor speaks tenge liquidity and de-dollarization
Governor of the National Bank of Kazakhstan Kairat Kelimbetov speaks about the state of the financial market in Kazakhstan and what the government will do about it.
15 February 2015
Kazakhstan to return 4.1 billion tenge of VAT payments to ArcelorMittal Temirtau
The Taxation Department of Karaganda Oblast has began a check to confirm the outstanding debt of Kazakhstan tax authorities to ArcelorMittal Temirtau.
13 February 2015
Plan to mitigate devaluation in Kazakhstan presented by Khudaibergenov, Ushbayev
With the coming of February Kazakhstan's population and businesses were holding their breaths waiting for the National Bank's next move on the tenge. Is devaluation inevitable and how bad can it be? Kazakhstani experts Olzhas Khudaiberganov and Anuar Ushbayev say they have a plan.
12 February 2015
IMF urges G20 to take action to unstick global growth
International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.
07 February 2015
Greek finance minister met with 'scepticism' in Berlin debt talks
Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.
06 February 2015
Kazakh businessman Kenes Rakishev launches venture capital fund
Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.
05 February 2015