News about money

Credit Suisse guilty on US felony charge, pays $2.6 bn Credit Suisse pleaded guilty and was fined $2.6 billion Monday for helping Americans avoid taxes, the first time in 20 years a major bank has been punished on US criminal charges.

20 May 2014

Bank of America enters KASE Bank of America has entered the Kazakhstan Stock Exchange (KASE).

16 May 2014

Kazakhstan 1000 tenge banknote named best in the world Kazakhstan banknote of 1000 tenge has been acknowledged The Banknote of the Year by the International Banknote Society (IBNS).

08 May 2014

Experts forecast mortgage lending revival in Kazakhstan Experts forecast a revival in the stagnated mortgage lending in Kazakhstan. In the most optimistic scenario it will start in end of 2014.

06 May 2014

Almaty commuters pay broken keys for bus fare Cunning commuters would use anything but money to pay for a bus fare in Almaty.

29 March 2014

Astana: Nauryz costs $1.8 million $1.8 million was spent on the Nauryz celebration in Astana.

24 March 2014

Wealthiest Kazakhs: Forbes 2014 Five Kazakhstan richest man made it into the Forbes list this year.

05 March 2014

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.

26 February 2014

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.

17 February 2014

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.

12 February 2014

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.

23 January 2014

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.

17 December 2013

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.

13 December 2013

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.

13 December 2013

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.

10 December 2013

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.

03 December 2013

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

19 November 2013

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.

14 November 2013

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.

13 November 2013

'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.

30 October 2013

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