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Wal-Mart trims full-year sales forecast Wal-Mart, the world's largest retailer, cut its sales forecast for its next fiscal year and projected a drop in capital spending.

16 October 2014

Renzi unveils 2015 budget, says Italy ready to answer to EU Italy's cabinet approved a 2015 budget just hours before an EU deadline, unveiling plans to increase borrowing to slash taxes by 18 billion euros.

16 October 2014

Oil prices and currency rates approach alarming levels for Kazakhstan Financial analyst Anna Kokoreva explains how the oil prices pressure Kazakhstan's economy.

15 October 2014

New Swedish government blames predecessor for 'poor' finances Sweden's new Social Democrat-led government lowered the growth forecast, blaming sweeping tax breaks by the outgoing conservative coalition for a "large hole".

14 October 2014

G20 optimistic on global economy Finance chiefs of the Group of 20 economic powers said they remained confident about the global economy, despite renewed weakness in areas like the eurozone.

11 October 2014

IMF chief promises 'belly-dance' if US endorses reforms Frustrated with the US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde promised a show if they do.

10 October 2014

National payment system in Kazakhstan unfeasible: experts Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.

09 October 2014

Prada goes for cover-up look over CEOs tax fraud probe Troubled Italian fashion giant Prada stonewalled questions over its tax affairs.

30 September 2014

Almaty improves standing as world financial center in latest ranking Kazakhstan's Almaty has improved its position in The Global Financial Centres Index surpassing Prague, Warsaw and Moscow.

26 September 2014

Football: UEFA opens financial probes against seven clubs UEFA announced that it had opened probes for suspected breaches of financial fair play rules.

26 September 2014

Ukraine seeks to end 'panic' over sliding currency Ukrainian leaders sought to reassure financial markets by pledging action to shore up the national currency.

24 September 2014

G20 finance chiefs aim to 'change destiny of global economy' Finance chiefs from G20 nations held talks confident they can "change the destiny of the global economy" despite rising world political tensions.

20 September 2014

Central bank cleans the house in Kazakhstan’s banking sector Kazakhstan National Bank has introduced a new ban prohibiting Kazakh banks from keeping over 30% of their funds abroad, but offered them tenge rate stability and cheap funding at the same time.

17 September 2014

S&P about Kazakhstan's GDP growth downgrade and sovereign rating outlook Senior Director at Standard & Poor's Sovereign Ratings division Christian Esters talks about Kazakhstan's rating outlook and downgrade of GDP growth forecast.

15 September 2014

Cyprus fears next tranche of bailout funds at risk Cyprus is unlikely to receive the next tranche of rescue funds from international lenders after apparently falling foul of them over new legislation.

12 September 2014

Kazakhstan expands Tenge to US Dollar exchange rate corridor Kazakhstan's National Bank has enlarged the Tenge to US Dollar pegged corridor from 6 tenge to 18 tenge.

10 September 2014

Kazakhstan should adjust its legislation for Islamic finance: Kelimbetov Head of Kazakhstan National Bank Kairat Kelimbetov spoke about the stages of development of Islamic finance in Kazakhstan.

05 September 2014

Daulet Yergozhin appointed new Chairman of Kazakhstan's Revenue Committee Daulet Yergozhin has been appointed the Head of the Revenue Committee at the Ministry of Finance of Kazakhstan.

24 August 2014

Alliance Bank debt restructuring talks break stalemate Alliance Bank of Kazakhstan has agreed the basic terms of restructuring of its $1.2 billion debt.

15 August 2014

National Bank able to maintain tenge exchange rate for at least one year: expert Tengrinews asked several experts about their opinions on the risks related to Kazakhstan's national currency - the tenge.

07 August 2014

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