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Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.

18 April 2014

Kazakhstan to cooperate with Bahrain in aluminum production Kazakhstan and Bahrain have signed a memorandum on cooperation in aluminum production at the Bahrain-Kazakhstan: Strategic Partnership business forum.

16 April 2014

Kazakhstani banks reduce external debt by $2.4 billion Kazakhstani banks have reduced their external debt by $2.4billion.

09 April 2014

S.Korea opens spot market for physical gold trade South Korea launched a gold trading exchange for the first time on Monday in a bid to help counter the country's burgeoning black market in the precious metal.

25 March 2014

DBS buys Societe Generale's Asian private banking business Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.

17 March 2014

Huge price hikes for Brazil World Cup hotels Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.

14 March 2014

Kazakhstan wants to bring $6 billion out of shadows of its economy The Government of Kazakhstan is considering a package of countermeasures against its off-the-books economy for 2014-2015.

12 March 2014

Hillary Clinton aide linked to illegal campaign op: report A campaign finance scandal has ensnared a Hillary Clinton aide who court papers show secured illegal funding for a 2008 campaign operation.

12 March 2014

Warning bells as Portugal urged to exit bailout without buffer With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.

11 March 2014

Kazakhstan Government fails to force businessmen to embrace non-cash transactions Kazakhstan Government has failed to force businessmen to start relying on non-cash transactions.

10 March 2014

Japan says Bitcoin not a currency, but taxable Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

08 March 2014

TAIB Bank changes name to Capital Bank TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.

06 March 2014

Singapore world's costliest city: survey The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.

04 March 2014

Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.

04 March 2014

Kazakhstan to issue Eurobonds The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.

28 February 2014

Max Petroleum may be up for sale British Max Petroleum Plc, a Kazakhstan-focused oil and gas exploration and development company, may be on the verge of sale.

26 February 2014

$4 billion worth of food imported in Kazakhstan in 2013 Kazakhstan imported $4 billion worth of food products last year.

25 February 2014

National Fund should provide $5.4 billion to compensate tenge devaluation in Kazakhstan: KazPotrebNadzor The National Fund of Kazakhstan should provide $5.4 billion to support the Kazakhstan economy amid the tenge devaluation: KazPotrebNadzor

25 February 2014

Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.

25 February 2014

Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.

25 February 2014

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