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Days are numbered for 500-euro banknote
Days are numbered for 500-euro banknote

The European Central Bank is set to decide the fate of the 500-euro banknote, which many people associate with money laundering,

Days are numbered for 500-euro banknote
Saudi to take $10 billion foreign loan
Saudi to take $10 billion foreign loan

Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues.

Saudi to take $10 billion foreign loan
Photo courtesy of inzoloto.ru
Kazakhstan’s National Bank invests heavily into gold

Kazakhstan’s National Bank has been steadily increasing its gold reserves over the past few years.

Kazakhstan’s National Bank invests heavily into gold
French MPs set to approve contested ban on paying for sex
French MPs set to approve contested ban on paying for sex

French lawmakers are looking to outlaw sex for money and impose fines of up to 3,500 euros on prostitutes' clients.

French MPs set to approve contested ban on paying for sex
Samsung follows Apple with launch in China of mobile payment
Samsung follows Apple with launch in China of mobile payment

South Korea's Samsung announced the launch of its mobile payment service in China, a market its arch-rival Apple entered six weeks ago.

Samsung follows Apple with launch in China of mobile payment
Jim Rogers. Photo courtesy of finance.yahoo.com
American billionaire Jim Rogers considers investing in Kazakhstan

American billionaire Jim Rogers is thinking about investing in Kazakhstan, a country he visited in October.

American billionaire Jim Rogers considers investing in Kazakhstan
Photo © REUTERS
Pegging or no pegging: tenge in new monetary policy

Experts believe, the financial sector of Kazakhstan has not reached a complete freedom from pegging to the US dollar.

Pegging or no pegging: tenge in new monetary policy
Standard & Poor's affirms Kazakhstan's credit rating at BBB
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.

Standard & Poor's affirms Kazakhstan's credit rating at BBB
Photo © Turar Kazangapov
Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science

Teachers’ salaries will be increased by 20-50% depending on the qualifications.

Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science
©Turar Kazangapov
Nazarbayev explains reasons for switching to floating exchange rate

Nazarbayev has elaborated on the reasons behind Kazakhstan's decision to send its tenge floating.

Nazarbayev explains reasons for switching to floating exchange rate
©REUTERS
Experts comment on Kazakhstan's decision to abandon control of tenge

Kazakh and foreign experts have commented on the recent decision of Kazakhstan to stop defending its tenge and send it floating.

Experts comment on Kazakhstan's decision to abandon control of tenge
Photo © Akorda press office
Nazarbayev instructs government to cut back expenses

Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.

Nazarbayev instructs government to cut back expenses
©Yaroslav Radlovsky
Pension reform in Kazakhstan raises questions

Kazakhstan is moving forward with its new pension system. However, some are concerned it will mean lower revenues for the state budget and more money in the shadow economy.

Pension reform in Kazakhstan raises questions
Photo courtesy of altaynews.kz
Nazarbayev signs Kazakhstan pension legislation amendments

Kazakhstan is getting ready to implement a new pension system.

Nazarbayev signs Kazakhstan pension legislation amendments
Askhat Murzabayev. Photo © hipo.kz
25 y.o. Kazakhstani programmer donates $2 million for cancer research

Having worked at Barclays for half a year, a programmer from Kazakhstan Askhat Murzabayev earned a little over $2 million and donated the money to the International Cancer Research Center.

25 y.o. Kazakhstani programmer donates $2 million for cancer research
Yelena Tischenko. Photo courtesy of chaspik.spb.ru
Lawyer formerly involved in Ablyazov's case appointed to Ukrainian Ministry of Internal Affairs

Amnestied Ukrainian lawyer Yelena Tishchenko has been appointed to lead the newly established department for return of criminally obtained assets in the Ministry of Internal Affairs of Ukraine.

Lawyer formerly involved in Ablyazov's case appointed to Ukrainian Ministry of Internal Affairs
Photo courtesy of sostav.ru.
Kazakhstan's businessmen invited to do business in Croatia

Kazakhstan’s businessmen have been invited to do business in Croatia.

Kazakhstan's businessmen invited to do business in Croatia
Photo courtesy of pantex.ch
Kazakhstan mulls limiting cash transactions for sole proprietors

Kazakhstan mulls limiting cash transactions between sole proprietors to 1,000 MCI or 1,982,000 tenge ($10,667).

Kazakhstan mulls limiting cash transactions for sole proprietors
American investor Jim Rogers. ©cnn.com
American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan

A famous American investor and businessman Jim Rogers advised to invest in the emerging markets like Iran, Kazakhstan, North Korea and a number of African countries.

American billionaire Jim Rogers advises to invest in emerging markets like Kazakhstan
Photo courtesy of nnm.ru
Pregnant oil company employee threatens to jump out of window for non-paid salary

A 5-month pregnant employee of Aktobe-based oil company Lines Jump LLP threatens to jump out of a window because she has not been paid any salary for months.

Pregnant oil company employee threatens to jump out of window for non-paid salary