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Photo a courtesy of Forbes.com
Wealthiest Kazakhs: Forbes 2014

Five Kazakhstan richest man made it into the Forbes list this year.

Wealthiest Kazakhs: Forbes 2014
Rakhat Aliyev. Still-frame from youtube video
EU not competent to investigate Kazakhstan's Aliyev

When asked to get Eurojust and Europol investigate Aliyev, Commissioner Malmstrom says that EU lacks legal framework to investigate cross-border money laundering cases.

EU not competent to investigate Kazakhstan's Aliyev
Photo © Marat Abilov
Single Pension Fund ensures safety of pension savings

Deputy Chairman of the JSC GNPF Accumulative Pension Fund Ruslan Erdenayev guaranteed the safety of the pension savings.

Single Pension Fund ensures safety of pension savings
Screen shot ©nationalbank.kz
Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother

Average weighted exchange rate of tenge against dollar equaled to 163.9 tenge per dollar.

Kazakhstan's central bank sets tenge exchange rate to 163.9 per $1, but no second-tier banks bother
Athanase Teiri. Photo courtesy of tahiti-infos.com
Self-styled Polynesian 'king' convicted for issuing fake money

A self-styled "king" who claims to rule over an unrecognised "republic" in French Polynesia was convicted by a Tahiti court Wednesday for issuing fake money.

Self-styled Polynesian 'king' convicted for issuing fake money
Photo ©nationalbank.kz
National Bank issues new 1000 tenge

A new 1000 tenge bill was issued and put into circulation by the National Bank of Kazakhstan on December 12, 2013.

National Bank issues new 1000 tenge
©Reuters
Kazakhstan Financial Police insists on capping cash-outs

Kazakhstan Agency for Fighting Economic and Corruption Crimes (the Financial Police) is calling the Government to introduce restrictions for cash withdrawals.

Kazakhstan Financial Police insists on capping cash-outs
World Bank President Dr. Jim Yong Kim. ©Reuters/Gary Cameron
Cheap money party over, analysts warn as fears rise of asset bubbles

Cash is so cheap these days that investors have been borrowing and ploughing them in assets from artwork to wine to bitcoins, betting that prices would rise.

Cheap money party over, analysts warn as fears rise of asset bubbles
©bitcoin-square.com
Bitcoin may threaten Kazakhstan's financial stability: Dalenov

Bitcoin currency may be a threat to the financial system of Kazakhstan: Kazakhstan Vice-Minister of Finance Ruslan Dalenov.

Bitcoin may threaten Kazakhstan's financial stability: Dalenov
Photo © RIA Novosti
Czech national robbed in Astana

A citizen of the Czech Republic was robbed in Astana by three unemployed local men who were waiting for her near a currency exchange.

Czech national robbed in Astana
The design of 20000 tenge. Photo ©tengrinews.kz
20-thousand Kazakhstan Tenge bill unveiled

The design of a commemorative 20-thousand bill was presented to journalists.

20-thousand Kazakhstan Tenge bill unveiled
©Reuters/Petar Kujundzic
Chinese man gives future bride 8.88 mn in cash

A Chinese suitor who gave his future bride an auspicious 8.88 million yuan ($1.5 million) in cash drew ire Thursday for the extravagant display of wealth in the still-developing country.

Chinese man gives future bride 8.88 mn in cash
The online transaction value on Alipay, an online payment system of China's leading e-commerce retailers Taobao.com and Tmall.com. ©Reuters
China Singles Day online shoppers spend almost $6 bn

Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.

China Singles Day online shoppers spend almost $6 bn
'World's first' bitcoin ATM opens in Canada
'World's first' bitcoin ATM opens in Canada

Three young entrepreneurs have opened what they call the world's first ATM able to exchange bitcoins for any official currency.

'World's first' bitcoin ATM opens in Canada
©kapital.kz
Temirbank robbed in Almaty

Robbers found their way into the office of Temirbank at the crossing of Abay and Auezov streets in Almaty and stole around $240 thousand.

Temirbank robbed in Almaty
©Reuters/Tyrone Siu
Americans spent $2.6 bn gambling online in 2012: study

Americans spent $2.6 billion on gambling websites in 2012, according to a study released Tuesday by the casino industry as it renewed a push for Congress to regulate online betting.

Americans spent $2.6 bn gambling online in 2012: study
Kazakhstan Spiritual Management of Muslims carries $1.5 million in a bag to Saudi Arabia

The administration of the Spiritual Management of the Muslims of Kazakhstan transports up to $1.5 million in cash in a bag to Saudi Arabia.

Kazakhstan Spiritual Management of Muslims carries $1.5 million in a bag to Saudi Arabia
San Miguel Corporation President Ramon Ang. ©REUTERS/Cheryl Ravelo
Philippines' San Miguel reaps $400 mn in power sale

Philippine conglomerate San Miguel Corp. said Friday it sold part of its minority stake in the country's main electricity retailer for nearly $400 million.

Philippines' San Miguel reaps $400 mn in power sale
Australia pledges more cash for reef starfish battle
Australia pledges more cash for reef starfish battle

Australia pledged another Aus$5 million (US$4.6 million) to the fight against a predatory starfish devastating the iconic Great Barrier Reef Thursday, revealing 100,000 of the creatures had been wiped out so far.

Australia pledges more cash for reef starfish battle
Author Vikram Seth asked to return $1.7m advance: report
Author Vikram Seth asked to return $1.7m advance: report

Acclaimed Indian writer Vikram Seth has been asked to return a $1.7-million advance he was paid by his publisher to write a sequel to his 1993 classic "A Suitable Boy".

Author Vikram Seth asked to return $1.7m advance: report

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