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Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.

13 февраля 2014

Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.

13 февраля 2014

Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.

12 февраля 2014

Dollar explodes in Kazakhstan: 200 tenge per dollar Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.

11 февраля 2014

World's richest man would still pick up a $100 bill The world's wealthiest man Bill Gates would still pick up a $100 bill on the street, but he has no tips about how to get by on less than $100,000 a year.

11 февраля 2014

Money and pride keep families apart at China New Year As millions join the world's largest annual human migration, some in China will not return home for the Lunar New Year, fearing the rising costs of seasonal gifts and ridicule from their families.

29 января 2014

British MPs criticise Queen's household finances British lawmakers on Tuesday urged Queen Elizabeth II's royal household to do more to reduce running costs and produce clearer plans for the monarch's financial future.

28 января 2014

Microsoft tops expectations with record revenue Microsoft soared to record revenues in the last quarter, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services.

24 января 2014

Kazakhstan President meets Sir Suma Chakrabarti of EBRD As of the end of 2013 the package of projects in Kazakhstan totaled about $450-500 million.

24 января 2014

Venezuela limits access to dollars at official rate Venezuela said Wednesday it would allow only importers of high priority goods like food to buy dollars at the official rate, forcing others to pay nearly twice that.

23 января 2014

Chinese leaders' kin stash riches in offshore holdings: probe Relatives of top Chinese leaders including President Xi Jinping and former premier Wen Jiabao have used offshore tax havens to hide their wealth.

23 января 2014

France saves 1bn euros on health insurance spending At a time of deep austerityacross Europe, France has managed to spend one billion euros ($1.4 billion) less than expected on health insurance last year.

22 января 2014

Las Vegas casinos begin accepting Bitcoin Two Las Vegas casinos will become the city's first to accept the Bitcoin virtual currency from this week.

22 января 2014

MP suggests checking Kazakhstan officials for offshore accounts MPs representing Ak Zhol party in the Parliament suggested to check if Kazakhstan officials had accounts in offshore zones.

21 января 2014

Foreign charter flights ban causes annual loss of $4.5 million to Almaty airport The Airport of Almaty is loosing $4.5 million annually because of the ban on foreign charter flights from Kazakhstan.

20 января 2014

More Islamic investments to Kazakhstan The Islamic Corporation for the Development of the Private Sector (ICD) is going to invest into 4 new projects in Kazakhstan in 2014.

17 января 2014

NBA's Kings to accept Bitcoin for tickets US basketball outfit the Sacramento Kings said Thursday they would begin accepting Bitcoin, the first professional sports team to accept the virtual currency.

17 января 2014

Fed taper poses risks to global pick-up: World Bank The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.

15 января 2014

Li's Power Assets to spin off HK unit Li Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.

13 января 2014

Singapore monitoring new forms of illicit financing Asian financial hub Singapore on Friday said it was scrutinising trade in virtual currencies such Bitcoin, precious stones and metals to forestall new forms of illicit financing by criminals and terrorists.

12 января 2014

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