News about finance

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 14:41

'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 14:15

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 11:44

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 11:36

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 20:32

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 12:42

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 10:41

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 17:50

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 20:25

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 13:34

Rousseff says Brazil will try to get out of first budget deficit After presenting Brazil's first ever budget deficit, President Dilma Rousseff promised that her government will work hard to get back in the black.

03 September 2015 13:44

Asia doing "pretty well" despite China slowdown: IMF chief International Monetary Fund chief Christine Lagarde declared Asian economies were doing "pretty well" despite the volatility caused by China's slowdown.

02 September 2015 13:02

France's economy minister stumbles on 35-hour-week, again France's divisive economy minister has once again made waves among Socialists by criticising the country's sacrosanct 35-hour week just as the ruling party gathers for its annual conference.

28 August 2015 17:48

Europe has 'means to resist' impact of China crisis: EU economics commissioner EU Economic Affairs Commissioner Pierre Moscovici said that Europe had the "means to resist" the impact of China's slowing economy.

28 August 2015 10:51

China poses risks to global economic recovery: France China's faltering growth poses a threat to a recovery in the global economy, France's economy minister Emmanuel Macron said Tuesday.

25 August 2015 17:02

Russian ruble falls to 2015 low as stocks plunge Russia's battered ruble sank to its lowest point this year as Asian and European stock markets nosedived on concerns over the Chinese economy.

25 August 2015 16:31

Nazarbayev urges exporters to sell dollars at home After the devaluation of the Kazakh national currency tenge, Kazakhstan president asked exporters to sell dollars at the domestic market.

24 August 2015 19:11

Threat of default in Kazakhstan assessed by analysts Kazakhstani experts comment on Bank of American Merrill Lynch placing the Central Asian country among ten countries most vulnerable to a sovereign default.

21 August 2015 15:46

Kazakhstan listed in Top 10 World's Riskiest Sovereign Debt? Kazakhstan has been put on the map of the world's riskiest sovereign debt by Bank of America Merrill Lynch. Really?

20 August 2015 18:07

Kazakh currency falls 23 percent after switch to free-float Energy-rich Kazakhstan announced it was abandoning its currency band for a free-floating exchange rate, in a move that triggered a 23-percent fall in the value of the tenge against the US dollar.

20 August 2015 16:10

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