Kazakhstan Financial News

01.12 / 03:36

economy show fall Oil prices fall, extend slide after OPEC+ cuts underwhelm

By Laura Sanicola

30.11 / 03:31

FIVE Manufacturing Nov show track country reports Oil prices dip as China PMIs disappoint, OPEC+ cuts in focus

Investing.com-- Oil prices fell in Asian trade on Thursday tracking weak economic signals from top importer China, with traders now holding out for an upcoming OPEC+ meeting where the cartel is widely expected to announce more supply reductions.

29.11 / 22:07

Nov country reports Oil prices settle higher after supply disruptions; OPEC+ meeting eyed

Investing.com-- Oil prices rose sharply Wednesday, shrugging off unexpected increase in U.S crude stockpiles amid further supply disruptions just a day ahead of an OPEC+ meeting to decide on future output policy.

29.11 / 19:23

Provident Reuters economy show country reports Department Oil ticks higher ahead of OPEC+ policy decision as Black Sea storm disrupts exports; Brent at $82/bbl

₹6,448 per bbl, having swung between ₹6,323 and ₹6,500 per bbl during the session so far, against a previous close of ₹6,413 per barrel. -OPEC+ and its oil majors are currently holding talks and negotiations are going on, but no further delay is expected, according to Reuters.

29.11 / 08:23

Target Digital Tether Bitfinex USDT Bitcoin Bitfinex’s Tokenized Bond Falls Short of Investment Target, Raises Only $1.5M of Expected $10M

Bitfinex’s recently-launched tokenized bond have fallen short of expectations, raising only $1.5 million of its initial target of $10 million.

29.11 / 04:41

business Tether Bitfinex bonds Tether’s ‘new era for capital raises’ Bitfinex bond flops

Bitfinex’s recently launched Tether (USDT) tokenized bond, hailed as a “new era for capital raises,” appears to have failed to garner the investment and interest the firm anticipated.

29.11 / 04:23

Provident Target Nov President Patterson country cover Oil little changed as OPEC+ decision awaits, Black Sea storm disrupts supply

By Yuka Obayashi and Muyu Xu

29.11 / 02:40

Target Reuters Nov President Experts country cover Oil prices rise after storm disrupts Kazakh, Russian exports

Oil prices rose on Wednesday as a storm in the Black Sea region disrupted oil exports from Kazakhstan and Russia, raising fears of supply tightness, while investors awaited a crucial decision by OPEC+, which may deepen or extend output cuts. Brent crude futures gained 33 cents, or 0.4%, at $82.01 a barrel at 0127 GMT. U.S.

27.11 / 09:52

Target Waters reports travelers Iran adds sophisticated warship to Caspian fleet

Iran's navy on Monday added a destroyer capable of launching cruise missiles to its Caspian Sea fleet, state media reported. The 1,400-ton Deilaman destroyer, named for a town in north of Iran, is 95 metres (312 feet) long and 11 metres (36 feet) wide and is able to launch torpedoes while travelling at 30 knots (56 kph, 35 mph), the state-owned IRNA news agency said.

25.11 / 15:11

Digital awards President country electronic innovations information Bengaluru Tech Summit to begin on Wednesday, to host participants from 30 countries

Bengaluru Tech Summit 2023’, said Priyank Kharge, Karnataka’s minister for information technology, on Saturday. The summit, with the theme 'Breaking Boundaries’, will have more than 75 sessions, more than 400 speakers, 350 startups, 600 exhibitors, and 20,000 business attendees.

21.11 / 20:17

Provident BLOCK Binance Digital coinbase innovations information Kazakhstan Blocks Coinbase, Citing Digital Asset Law

Kazakhstan's Ministry of Culture and Information has clarified its decision to block the global cryptocurrency exchange, Coinbase, within the nation's borders. The ministry asserts that the trading of cryptocurrencies on Coinbase is in direct violation of the Kazakhstani law on Digital Assets. This clarification was provided in response to an inquiry from «Kursiv,» following a request from the Ministry of Digital Development, Innovations, and Aerospace Industry. The request was made to block access to Coinbase, which contravened section 5 of Article 11 of the country’s Digital Assets Law.

20.11 / 06:31

Aviat Airlines ADP performer country Delhi airport is turning out to be a great investment for Groupe ADP

Also read: For India to become an aviation hub, first fix airport terminal connectivity Groupe ADP operates the two airports in Paris and has stakes in TAV Airports - the Turkish company, which owns or operates airports across multiple countries from Kazakhstan to Chile. The investments were linked to GMR infrastructure, the listed company, reorganising itself into GMR Airports and the non-airport assets being separated. For the nine months ended September, total traffic at the two airports in Paris stood at 75,563,078.

16.11 / 10:55

Provident CBDC Digital Platform stage country CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase

The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze.

15.11 / 22:21

Blockchain Provident Digital CEO Apple country reports Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard

Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth.

15.11 / 12:12

CBDC Adoption Kazakhstan officially launches digital tenge

The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the country’s new central bank digital currency (CBDC), the digital tenge. During his speech at the XI Congress of Finance in Almaty on Nov. 15, he paid with a debit card tied to the CBDC account, according to local outlet, Kapital.kz.

14.11 / 20:13

SEC crypto regulation Us Crypto Regulation Weekly Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines

Last week brought several noteworthy developments in the evolving crypto regulation scene across the globe.

07.11 / 23:15

coinbase Kraken Kazakhstan Confirms Official Block of Coinbase Website Amid Ongoing Restrictions

The Ministry of Culture and Information of the Republic of Kazakhstan has officially confirmed that it blocked access to the Coinbase website in the country, citing violations of the country’s new digital assets law.

07.11 / 17:33

Provident country reports What would be the cost of a global Internet outage for one day? You would be surprised to know

global Internet outage just for a single day? Have you ever thought about it? According to a new report, if the internet goes down globally for even just a single day, it would cost $43 billion, with the US and China making up almost half of the sum together, which is $21 billion. If an internet outage occurs just for a single day, the US alone would face huge losses of around $11 billion. China is estimated to lose nearly $10 billion, according to the VPN service provider AtlasVPN. Meanwhile, the UK would lose around $3 billion, and Japan is expected to lose approximately $2.7 billion.

07.11 / 11:09

Binance regulation coinbase Kraken Asia Kazakhstan’s authorities confirm they blocked access to Coinbase: Report

The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs' access to Coinbase since September at least.

03.11 / 13:53

EVA Yellow awards film Oscar performer song 'Perfect Days' wins Best Film at Asia Pacific Screen Awards. Here is complete list

Asia Pacific Screen Awards on Friday. Gold Coast, Queensland, Australia hosted the 16th edition of the APSA Awards.“Perfect Days,” narrates the life of a toilet cleaner in Tokyo as he finds happiness in everyday life. The film was premiered in Cannes. It was selected as Japan’s Oscar contender and as the opening title of the Tokyo International Film Festival.

30.10 / 21:05

Citi FIVE Cooper Death President Kazakhstan confirms nationalization of ArcelorMittal subsidiary after mine fire kills at least 32

Kazakhstan has confirmed the nationalization of ArcelorMittal Temirtau which operates the country’s largest steel plants and several coal and ore mines following a coal mine fire that killed, according to emergency services, at least 32 workers while a...

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