site.news_by_theme finance
National Fund's money reinvested in economy: Samruk-Kazyna
The funds allocated from the National Fund for anti-crisis measures are being returned and reinvested in Kazakhstan economy.
10 February 2013
Venezuela devalues currency 32% against US dollar
Venezuela said it was devaluing its currency by 32 percent against the dollar on the orders of cancer-stricken President Hugo Chavez, in part to trim a bloated budget deficit.
10 February 2013
US military may skip Paris air show due to budget cuts
Facing the prospect of dramatic budget cuts, the US military may skip the Paris air show this year for the first time.
09 February 2013
White House fears deep damage from spending cuts
The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
09 February 2013
Greenlight sues Apple, with eye on cash pile
Apple said Thursday it is weighing ways to give shareholders more of its huge cash stockpile, after hedge fund Greenlight Capital filed suit in an effort to press it in that direction.
08 February 2013
Eni's CEO Paolo Scaroni investigated over Algeria bribes
Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes paid to win contracts in Algeria, the company said on Thursday, denying any involvement in the scandal.
08 February 2013
Britain's Cameron stands firm in EU budget battle
Prime Minister David Cameron stood firm on his demand for further cuts in the EU budget on Friday, despite coming under pressure over his pledge to hold a referendum on Britain's membership of the bloc.
08 February 2013
'Dysfunction' in Congress puts US at risk: Panetta
Chronic deadlock in Congress threatens to derail the US economy, damage national security and undermine public trust in its leaders.
08 February 2013
Kazakhstan government mulls reducing gap between rich and poor
The gap is big: a small group of very rich people, a small group of poor people and a very weak middle class: Vice-PM.
07 February 2013
RBS bank says to pay 'significant penalties' over Libor
Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.
06 February 2013
Dell buyout highlights PC sector woes: analysts
Dell's plan to take the computer giant private offers an opportunity to return to its start-up roots, but won't solve the fundamental problems facing the company and the PC sector.
06 February 2013
S&P faces US govt suit over mortgage bond ratings
The US government plans to sue Standard & Poor's over its rating of mortgage bonds at the heart of the 2008 financial crisis.
05 February 2013
Ex-Iran bank chief found with $70 mln cheque: report
The former head of Iran's central bank, Tahmasb Mazaheri, has been found in possession of a cheque worth 54 million euros ($70 million) by German authorities.
04 February 2013
Europe will get its money back says Bank of Greece
Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
01 February 2013
Kazakhstan planning to issue $1 billion of Eurobonds in 2013
We believe it possible to issue sovereign Eurobonds in the H1 2013 to finance the budget deficit and set a benchmark for Kazakhstan’s issuers: Finance Minister.
30 January 2013
Japan cabinet to approve $1.02 trillion annual budget
Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
30 January 2013
Zimbabwe has $217 in the bank: Finance Minister
After paying public workers' salaries last week, the balance in cash-strapped Zimbabwe's government public account stood at just $217.
30 January 2013
Yahoo! shares bounce as profit tops expectations
Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
30 January 2013
Over $2 million allocated for floods protection in Almaty oblast
Over 300 million tenge ($2 million) have been set aside for prevention of emergency situations in Almaty oblast.
29 January 2013
Kazakhstan increaseed funding of science 2.5-fold in two years
Minister of Education and Science Bakytzhan Zhumagulov talked about development of science in Kazakhstan.
29 January 2013