site.news_by_theme finance
Dollar gains on euro as new year opens
The dollar rose against the euro Thursday as investors pushed back into the greenback and sent US bond yields lower.
03 January 2014
China stock market disappoints on double cash crunch
A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.
01 January 2014
$800 million to be invested into second-tier banks by Baiterek Holding
Baiterek Holding running the State Program of Accelerated Innovative and Industrial Development will channel $800mln into Kazakhstan banks.
31 December 2013
Obama signs defense, budget bills into law
President Barack Obama signed into law Thursday the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense measure that takes a step toward ultimate closure of Guantanamo.
27 December 2013
European Society for Quality Research awards Almaty Subway again
Almaty Subway has won another award from the European Society for Quality Research (ESQR).
27 December 2013
Mortgage loans are for rich people: Kazakhstan's central bank governor
Kairat Kelimbetov, Governor of the National Bank of Kazakhstan, believes that only rich people should obtain mortgage loans.
25 December 2013
Japan OKs record budget, sees deflation threat recede
Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achieving a balanced budget.
25 December 2013
EU banking union too complicated, too slow: analysts
An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
23 December 2013
Tourists to spend $10 billion during Brazil World Cup
Foreign and Brazilian tourists are expected to spend $10.4 billion during next year's World Cup, more than the public funds invested for staging the event, the Brazilian tourism board said Friday.
21 December 2013
Six countries sign US pacts in fight against tax fraud
The United States has signed anti-tax fraud pacts with six countries and territories including some considered tax havens, the US Treasury Department said Thursday.
20 December 2013
Spaniards bet on slimmed-down 'Fat One' Christmas jackpot
Spaniards are digging into their pockets to gamble on their beloved "Fat One" Christmas lottery with the world's richest total payout, but winners will get slimmed-down prizes this year as a new austerity tax takes a bite.
20 December 2013
EU finance ministers reach banking union deal
EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.
19 December 2013
Eurozone ministers make progress on Banking Union
Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.
18 December 2013
Europe's 'crisis after the crisis' poses uncertainty in 2014
Is Europe on the verge of a popular uprising? The question was asked by one of Greece's most respected newspapers as another year of painful austerity drew to a close.
15 December 2013
Japan to pledge $20 bn aid to ASEAN: reports
Japan will pledge $20 billion in aid to Southeast Asian countries at a 11-nation summit this weekend as it looks to shore-up ties in a region increasingly dominated by China, reports said Friday.
13 December 2013
Kazakhstan Financial Police spends $162,000 to reward 100 for info about corruption
The Financial Police of Kazakhstan has paid over $160 thousand in rewards for reporting corruption crimes to 100 Kazakhstan nationals.
13 December 2013
Kazakhstan Financial Police insists on capping cash-outs
Kazakhstan Agency for Fighting Economic and Corruption Crimes (the Financial Police) is calling the Government to introduce restrictions for cash withdrawals.
13 December 2013
French court urged to extradite Kazakhstan tycoon Ablyazov
Prosecutors on Thursday urged a French court to grant requests from Russia and Ukraine for the extradition of exiled Kazakh oligarch Mukhtar Ablyazov wanted on embezzlement charges.
13 December 2013
Cheap money party over, analysts warn as fears rise of asset bubbles
Cash is so cheap these days that investors have been borrowing and ploughing them in assets from artwork to wine to bitcoins, betting that prices would rise.
13 December 2013
Bailout over but suffering goes on for Ireland's most needy
Ireland will receive plaudits this weekend when it exits its financial bailout but advocacy groups warn that the most vulnerable in society will still suffer from lingering austerity measures.
12 December 2013