IMF fights negative interest ratesThe IMF announced a minimum interest rate on its unique SDR currency as it fights off the impact of sagging interest rates and deflation from major economies.
Wal-Mart trims full-year sales forecastWal-Mart, the world's largest retailer, cut its sales forecast for its next fiscal year and projected a drop in capital spending.
G20 optimistic on global economyFinance 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 reformsFrustrated 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: expertsAmidst 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.
Central bank cleans the house in Kazakhstan’s banking sectorKazakhstan 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.
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