In Kazakhstan, the digital tenge will officially receive the status of legal tender. This was announced by Deputy Chairman of the National Bank Berik Sholpankulov, presenting the draft of a new law on banks in the Mazhilis (lower house).According to him, the digital tenge will be used along with cash and non-cash money, and the National Bank will act as the sole issuer and guarantor. A set of legislative amendments has been prepared to consolidate the new status.«The concept of a digital account... Více
Apparently, India was able to recover from the negative effects brought by the demonetization as... Více
South Korea will release a stimulus package worth 11.2 trillion won equivalent to $10 billion U.S.... Více
US unemployment rates fell to its lowest levels reached within a 16-year period last May/ Market... Více
The Japanese economy is seen to grow at a faster rate than expected in the first quarter which was... Více
As shown in the advance data of the Statistics Finland, the Finnish economy was able to increase by... Více
The U.S. economy grows at a steady but slow rate in the second quarter of the year based on the... Více
The economy of the seventh-largest country in the world experienced a steep decline in the first... Více
US President Donald Trump is currently leaning towards the complete cancellation of the role of... Více
A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Více
Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Více
The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Více
The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Více
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Více
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Více
The economy of India is considered as the fastest developing major economy globally in the previous... Více
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Více
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Více
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Více
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Více
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Více
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Více
Fed officials are now more than ready to raise its short-term interest rates after stating in... Více
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Více
Two surveys conducted by American businesses this month and showed that the US economy continued to... Více
British people could possibly face a period of living squeeze as the UK consumer prices are now... Více
The Organization of the Petroleum Exporting Countries together with its partners are about to... Více
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Více
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Více
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Více
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Více
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