site.news_by_theme finance
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