Kazakh businessman Kenes Rakishev launches venture capital fund
Kazakhstan's businessman Kenes Rakishev has become one of the investors of a $102 million venture capital fund.
Kazakh banks experiencing tenge shortages
Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
Kenya obtains nearly $700 mn in IMF backing
Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.
Greek finance minister says eyeing new debt deal by 'end May'
Greek Finance Minister Yanis Varoufakis said he wanted to reach a new agreement with international creditors on his country's debt burden "by the end of May".
Obama to request hike in US military budget: officials
President Barack Obama plans to ask for an increase in military spending in a proposed budget for 2016.
IMF begins work on 'Plan B' as US blocks reforms
The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.
EU to consider new Russia sanctions over Ukraine
European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.
IMF set to continue support Greece after election
The International Monetary Fund said it was prepared to continue its financial support of Greece.
IMF chief warns Greece: 'A debt is a debt'
IMF chief Christine Lagard warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections.
Russian government takes flak as it fails to stem economic crisis
Russian authorities are coming in for growing criticism from economic insiders concerned over a lack of clear policies to deal with the crisis.
Barclays loses tens of millions over Swiss franc move
British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro.
Development Bank of Kazakhstan funds modernization of Pavlodar Oil Refinery
Pavlodar Oil Refinery will receive funding from Development Bank of Kazakhstan (DBK) amounting to $1.2 billion.
12th Islamic Financial Services Board summit in Almaty on May 19-21
The 12th Sammit of the Islamic Financial Services Board (IFSB) will take place in Almaty from May 19 to 21.
Kazakh Vice-Minister of Finance sums up results of 2014, shares plans for 2015
Vice-Minister of Finance of Kazakhstan Ruslan Dalenov speaks about the year 2014 and shares plans for the upcoming year.
Venezuela's Maduro heads to China to seek financial aid
Venezuelan President Nicolas Maduro begins a trip to China and OPEC member countries late Sunday in search of financial support.
IMF pressed to cancel debts of Ebola-hit countries
The International Monetary Fund is under mounting pressure to cancel the debts of the three poor West African countries hit hardest by Ebolaю
Kazakhstan considers de-dollarizing its economy
Kazakh economist Olzhas Khudaibergenov analyzes the joint statement of the Government and the National Bank of Kazakhstan and comments on their intention to de-dollarize the Kazakh economy.
IMF policies criticised over Ebola outbreak
IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.
Attack could cost Sony half a billion dollars: experts
The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs.
IMF sees Argentina progress toward better economic data
The International Monetary Fund said that Argentina was making progress in improving the data but more was needed.