When Chinese deals turn sour

Clare Nuttall in Glasgow September 12, 2019

Tighter regulation and growing geopolitical tensions have caused a downturn in global Chinese outward FDI in the past two years. The Central and Eastern Europe region is no exception.

Wave of anti-China protests poses dilemma for Kazakhstan’s new president

bne IntelliNews September 5, 2019

Many ordinary Kazakhs who see the Chinese as an economically invasive force of no benefit to them want Kassym-Zhomart Tokayev to cancel his upcoming visit to Beijing.

KAZAKHSTAN, POST-NAZARBAYEV: Avalanche of news as Tokayev gives first state-of-the-nation address

bne IntelliNews September 3, 2019

New president pledges to support multi-party system and allow peaceful protests. Anti-China demo in oil mining town. Tenge set to weaken further. Political pressure on central bank for affordable credit. Nazarbayeva re-nominated as Senate speaker.

KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan

Iulian Ernst in Bucharest September 3, 2019

Auditor’s decision to withdraw three years of reports is likely to change the outcome of the $500mn international legal battle between businessman Anatol Stati and the Kazakh state.

Central Asian currencies track ruble in hitting slippery slope

bne IntelliNews August 28, 2019

Kazakh, Uzbek and Tajik currencies slide to new lows. Pressures include over-dependence on Russian economy and US-China trade war impacts. Oil price weakness hurts Kazakhstan.

Stagnation in Russia: how many opportunities are there for international (investment) banks in the rest of the CIS region?

Gunter Deuber of Raiffeisen Research in Vienna August 28, 2019

Russia is not a growing market for international banking and capital market business at present. That's why people like to look for business and deal opportunities in smaller regional markets in the CIS region.

Google, Mozilla and Apple block Kazakhstan “trust” certificate that spies on citizens’ internet use

bne IntelliNews August 23, 2019

Internet giants move against security measure introduced following election protests that severely embarrassed new president.