News about finance

Kazakhstan to benefit from joining WTO: EDB Kazakhstan can have significant benefits from accession into the WTO: EDB expert.
09 April 2013 16:20
Portugal PM announces severe spending cuts Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.
08 April 2013 11:18
Britain brings in ban on 'rip-off' surcharges A ban on "rip-off" surcharges imposed on credit card spending came into force in Britain on Saturday, meaning traders must ensure that the extra fees reflect genuine processing costs.
06 April 2013 20:10
Mass leaks 'reveal secret world of tax havens' Millions of emails and leaked records from offshore tax havens have exposed the identities of thousands of holders of offshore accounts.
05 April 2013 14:01
Dementia costlier than cancer, heart disease: study Dementia costs more each year in the United States than cancer or heart disease, with annual costs ranging from $157 billion to $215 billion.
04 April 2013 14:35
Blow for Hollande as ex-minister charged in tax fraud probe France's ex-budget minister Jerome Cahuzac was charged Tuesday in a tax fraud probe after he admitted having a foreign bank account, dealing a fresh blow to President Francois Hollande's embattled government.
03 April 2013 15:51
New Cyprus finance minister to be sworn in Cyprus's new finance minister was due to be sworn in Wednesday following his predecessor's resignation hours after a probe was launched into how the island was pushed to the verge of bankruptcy.
03 April 2013 14:26
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
03 April 2013 14:05
Early retirement possible with enough savings: Kazakhstan Minister The current savings threshold in Kazakhstan is 3.1 million tenge ($20.7 thousand) for women and 2.8 million tenge ($18.7 thousand) for men.
02 April 2013 18:51
Cypriot solidarity concert as financial crisis bites Tens of thousands of people on Monday attended a charity concert in the Cypriot capital Nicosia to raise funds and collect food for people suffering the fallout of a severe financial crisis.
02 April 2013 14:04
Venezuela move seen as currency devaluation A Venezuelan government foreign currency auction for local importers has triggered a de facto currency devaluation, the second in less than 50 days.
01 April 2013 18:35
Argentina presents conditions for debt repayment Argentina on Friday offered two New York hedge funds to repay its debt to them with cash and new bonds on conditions similar to those used in a 2010 debt swap.
30 March 2013 16:07
Interior Ministry is most expensive authority in Kazakhstan Kazakhstan Interior Ministry turned out to be the most expensive state authority by direct and indirect capital expenditures.
29 March 2013 15:34
Kazakhstan spent over 500 thousand tenge per convict in 2012 Detention of one convict in the prison cost Kazakhstan budget 580 thousand tenge ($3,9 thousand) in 2012.
28 March 2013 18:32
Draconian controls as Cyprus banks set to reopen Cypriots will finally get access to their bank accounts later on Thursday after a nearly two-week lockdown, but under tight restrictions unprecedented in the eurozone.
28 March 2013 14:53
Bank deposits of Kazakhstan residents exceed their salaries Kazakhstan residents are saving more money on their bank accounts than they officially earn.
27 March 2013 18:30
'Superhuman' efforts made to open Cyprus banks: governor "Superhuman" efforts are being made to reopen banks in Cyprus on Thursday, as protests and uncertainty over the island's top lender showed a huge bailout has not ended its troubles.
27 March 2013 12:43
BRICS wrangle over new development bank BRICS emerging powers on Tuesday sought a deal on setting up a development bank that would rival Western-backed institutions, trying to iron out significant differences ahead of a leaders' summit in Durban.
26 March 2013 18:50
Cyprus banks to stay shut as world markets take fright Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.
26 March 2013 15:20
Rating of expensive offices made in Kazakhstan Almaty is number one in the list of the cities with most expensive elite offices.
25 March 2013 17:13
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