site.news_by_theme finance
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 February 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 February 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 February 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 February 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 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 January 2014
Kazakhstan tourists to enjoy five-star liner for $8,000 during 10 Sochi Olympics days
Kazakhstan tourists will be staying on board of a five-star liner for $7 000 during the Sochi Olympics.
09 January 2014