site.news_by_theme finance
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
Slovenia to receive banking bailout bill
Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.
11 December 2013
Chinese investors look to mine Bitcoin volatility
Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
11 December 2013
Borovoye transformation into real resort area costs $1.5 billion
Transformation of Borovoye resort into a year-round resort needs private and government investments in the amount of $1.5 billion.
10 December 2013
Bitcoin may threaten Kazakhstan's financial stability: Dalenov
Bitcoin currency may be a threat to the financial system of Kazakhstan: Kazakhstan Vice-Minister of Finance Ruslan Dalenov.
10 December 2013
Kazakhstan to improve 80% of its roads by 2020
The most road sectors of Kazakhstan will be repaired by the 2020.
09 December 2013
US urges Supreme Court to review Argentina debt case
The US government has urged the Supreme Court to intervene in Argentina's fight over paying up on its defaulted debt, saying a lower court ruling against the country was wrong.
07 December 2013
Japan, SE Asia in talks to expand currency swap
Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-ASEAN summit next week.
06 December 2013
Tokyo to launch $53.8 bn stimulus package
Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.
05 December 2013
Average salary to reach $1000 in five years in Kazakhstan
Average salary will make 150 thousand tenge ($980) in five years in Kazakhstan: Minister of Economy and Budget Planning of Kazakhstan.
05 December 2013
Qantas to cut 1,000 jobs, says challenges "immense"
Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).
05 December 2013
French court starts Ablyazov's extradition hearing
Aix-en-Provence court of France is hearing the extradition case of the former head of Kazakhstan's BTA Bank Mukhtar Ablyazov.
05 December 2013
With $65 bn in debt, is Puerto Rico America's Greece?
Laden with debt, its economy in recession: Is the US territory of Puerto Rico poised to become another Greece?
04 December 2013
Football: Brazil risks own goal with high Cup prices
Eyeing a massive boost to tourism and prestige, Brazil hoped it had won the jackpot in earning the right to host the next World Cup and summer Olympics.
03 December 2013
Kazakhstan wants more large cities like Almaty and Astana
Kazakhstan will focus on urban expansion of Astana, Almaty, Aktobe, Aktau and Shymkent and making them economic growth hubs.
30 November 2013
Crisis what crisis? Portugal's richest get richer
Portugal may be mired in a debt crisis, but its 25 richest people got 16 percent wealthier in 2013, with fortunes equivalent to nearly 10 percent of the country's GDP, rankings published Thursday showed.
29 November 2013
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