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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

Russia to open $5 bn Iran credit line: Tehran Russia plans to open a $5 billion credit line for Iran to help finance infrastructure projects in the country, officials from both countries said during a visit by Moscow's energy minister.

23 October 2015

Deutsche Bank accidentally sent client $6 billion: report Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported.

20 October 2015

Brazil finance minister to keep job: president Brazilian President Dilma Rousseff sprang to the defense of her embattled finance minister, saying she would not be pressured into sacking him.

19 October 2015

Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.

19 October 2015

Putin asks IMF to help Ukraine pay off $3 billion debt to Russia President Vladimir Putin called on the International Monetary Fund (IMF) to lend an additional $3 billion to Ukraine to help the ex-Soviet country pay off its debt to Russia.

14 October 2015

EU warns Spain on budget as election nears The European Commission warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections.

06 October 2015

Kazakhstan National Bank raises base interest rate to 16% The National Bank of Kazakhstan has revised the base interest rate raising from 12 to 16 percent in order to curb inflation in Kazakhstan.

05 October 2015

Britain's Osborne announces shake-up of infrastructure British finance minister George Osborne is to announce a new cross-party body to reform and speed up planning of major infrastructure projects such as rail links and power stations.

05 October 2015

'Who likes to pay tax? You don't, I don't': IMF chief The head of the International Monetary Fund, Christine Lagarde, does not enjoy paying taxes and made that clear at a conference in Washington.

01 October 2015

Germany pledges 100 mln euros for refugees Germany committed an additional 100 million euros ($113 million) to UN agencies to improve assistance for refugees in their home regions.

30 September 2015

Impact of China slowdown bigger than expected: IMF chief The impact of China's economic slowdown on the global economy is bigger than previously thought, the head of the International Monetary Fund said.

23 September 2015

Standard & Poor's affirms Kazakhstan's credit rating at BBB Kazakhstan's credit rating remains at BBB with a negative outlook, according to S&P's latest report.

21 September 2015

World Bank warns of more turbulence from Fed tightening The World Bank warned that monetary policy tightening by the Federal Reserve could spur a "perfect storm" of threats to growth and financial stability in developing economies.

16 September 2015

IMF chief urges Africa to spend responsibly IMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia, a week after it was declared free from an Ebola epidemic which has shattered its economy.

12 September 2015

Introduction of across-the-board income and property reporting postponed in Kazakhstan Introduction of across-the-board income and property reporting has been postponed till 2020 in Kazakhstan.

10 September 2015

Seven steps advised to Kazakhstan government after devaluation of national currency National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.

08 September 2015

IMF chief says 'extremely encouraged' by Ukraine reforms IMF chief Christine Lagarde heaped praise on Ukraine's reform efforts in a visit to Kiev following a deal to restructure the country's debt burden.

07 September 2015

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