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Elena Bakhmutova. Photo ©Yaroslav Radlovskiy KEGOC might float stock this December KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
29 April 2014
Kazakhstan to halve its banks in 5 years: opinions Only core banks will remain in Kazakhstan in five years, that is, about 15-20 banks will remain in Kazakhstan by 2019.
29 April 2014
President of Kazakhstan Nursultan Nazarbayev ©REUTERS Nursultan Nazarbayev and EDB Chairman meet in Astana Nursultan Nazarbayev and Igor Finogenov, Chairman at Eurasian Development Bank, discussed the bank's operations in Kazakhstan.
27 April 2014
Kairat Kelimbetov. Photo courtesy of www.primeminister.kz 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
Aset Issekeshev. Photo courtesy of primeminister.kz 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
Photo © RIA Novosti Kazakhstani banks reduce external debt by $2.4 billion Kazakhstani banks have reduced their external debt by $2.4billion.
09 April 2014
©Reuters/Yuriko Nakao 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
A private beach of the Portobello Resort, where the Italy soccer team will be based during the 2014 World Cup. ©Reuters/Ricardo Moraes 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
Illustration of Tengrinews.kz 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
Portugal's Deputy Prime Minister Paulo Portas. ©Reuters/Rafael Marchante 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
©Reuters 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
Photo a courtesy of Capital Bank 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
Warren Buffett. ©Reuters/Rebecca Cook Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.
04 March 2014
©Marat Abilov Kazakhstan to issue Eurobonds The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.
28 February 2014
©maxpetroleum.com 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
©Tengrinews.kz $4 billion worth of food imported in Kazakhstan in 2013 Kazakhstan imported $4 billion worth of food products last year.
25 February 2014
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