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Britain would be less well off after Brexit: OECD Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the OECD said on Wednesday.

27 April 2016

Saudi to take $10 billion foreign loan Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.

20 April 2016

Argentina returns to credit markets after 15 years Argentina returned to international financial markets , receiving offers for its sovereign bonds ahead of its first debt sale in 15 years.

19 April 2016

Kazakhstan’s National Bank invests heavily into gold Kazakhstan’s National Bank has been steadily increasing its gold reserves over the past few years.

13 April 2016

Rich nations probe Panama Papers tax revelations Tax authorities from the world's richest nations on Wednesday probed a mass of murky offshore dealings revealed in the huge Panama Papers data leak, just hours after police raided the law firm at the centre of the scandal.

13 April 2016

Saxo Bank makes Kazakh tenge and oil forecasts Merely a relatively stable exchange rate is highly rewarding for holders of KZT because of the very high interest rate in Kazakhstan relative to the US dollar: John Hardy.

05 April 2016

Samsung follows Apple with launch in China of mobile payment South Korea's Samsung announced the launch of its mobile payment service in China, a market its arch-rival Apple entered six weeks ago.

29 March 2016

Weakest return for Norway sovereign wealth fund since 2011 The world's biggest sovereign wealth fund, Norway's public pension fund, posted a 2.7-percent return in 2015 owing to real estate and the global stock market recovery.

09 March 2016

US regulator unveils low-income broadband subsidy plan US regulators offer broadband subsidies to low-income Americans, saying that Internet access is "a prerequisite for full participation" in modern society.

09 March 2016

China defence spending to rise '7 to 8%' in 2016 China will raise its defence spending by seven to eight percent this year.

04 March 2016

'Bad bank' deal could be option for several countries: EU banking resolution chief A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.

17 February 2016

EU seals bad loans accord with Italy Italy and the European Union on Tuesday reached agreement on creating a guarantee vehicle to help Italian banks sell bad loans.

27 January 2016

Kazakhstan National Bank explains tenge depreciation and equilibrium rate Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan

28 December 2015

Inflation in Kazakhstan nears 13%, central bank admits Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.

28 December 2015

Britain's Cameron to pledge extra £12 billion for defence British Prime Minister David Cameron is to promise an additional £12 billion to strengthen the defence forces when he unveils a five-year strategic review on Monday.

23 November 2015

Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.

19 November 2015

Japan dips into recession in stumble for 'Abenomics' Japan's economy slipped into recession for the second time since Prime Minister Shinzo Abe came to power nearly three years ago.

16 November 2015

IMF chief urges Gulf to adapt to sustained oil price drop International Monetary Fund chief Christine Lagarde warned that global energy prices could remain low for years and urged Gulf countries to adjust their budgets.

09 November 2015

Moscovici confident of 'compromise' with Greece on remaining reforms The EU's economic affairs commissioner, Pierre Moscovici, voiced confidence that Greece would reach a "compromise" with its creditors by the end of the week on remaining reforms demanded under its third bailout.

04 November 2015

Commerzbank plans dividend for 2015 despite drop in Q3 profits Commerzbank, Germany's second biggest lender, said that profits were down in the third quarter, but it still planned to pay out a dividend to shareholders for the whole year.

02 November 2015

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