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US jobs report spurs stocks

Stock markets on both sides of the Atlantic hit their highest levels in months on Friday after better-than-expected economic data in the US and Germany buttressed hopes for an economic recovery.

10 2009 | Viewed: 679 | News / Theme of day | Read full
UPDATE 1-Russia's CTC Media Q2 net falls 38 pct y/y

Thu Aug 6, 2009 5:47am EDT

* Earnings decline to $30.3 million

* Revenue falls 34 percent to $113.9 million

* OIBDA down 36.7 percent at $46.5 million

7 2009 | Viewed: 652 | News / Theme of day | Read full
Kazakhstan-China $3.3 billion oil deal delayed

ALMATY (Reuters) - Kazakh and Chinese state oil firms' joint $3.3 billion acquisition of a Kazakh private upstream company has been delayed, Kazakhstan said on Wednesday without providing the timeframe or the reason for the delay.

7 2009 | Viewed: 702 | News / Theme of day | Read full
President Nursultan Nazarbayev Held a Meeting on the Financial Sector

The meeting was attended by Head of the President s Administration Aslan Musin, Assistant to the President Kuandyk Bishimbaev, Head of the Division of Socio-Economic Monitoring of the President s Administration Serik Nugerbekov, Chairman of the National Bank Grigory Marchenko, Chairman of the Board of the National Welfare Fund Samruk-Kazyna Kairat Kelimbetov, Chairman of the Agency for Regulation and Supervision of Financial Market and Financial Organizations Yelena Bakhmutova, Chairman of the Agency on regulation of the activities of the Regional Financial Center of Almaty city Arken Arystanov.

6 2009 | Viewed: 795 | News / Theme of day | Read full
JSC BTA Bank temporarily suspends its participation in KazPrime indicator formation

Since August 6, 2009, JSC BTA Bank will temporarily withdraw from the Agreement on formation of KazPrime indicator on Kazakhstani interbank deposits.

31 2009 | Viewed: 720 | News / Theme of day | Read full
Fed sees signs of economic improvement

The pace of economic decline has moderated or stabilised in most parts of the US, the Federal Reserve said on Wednesday, with manufacturing, residential property and even employment showing some signs of improvement.

31 2009 | Viewed: 663 | News / Theme of day | Read full
The Quality of water in Central Asia will approach European standards

The seminar "Harmonization and approximation of water standards and norms in Central Asia" will take place on 31 July in Almaty, Kazakhstan.

The aim of the seminar is to review the draft national report on "Standards and norms of water quality in the Republic of Kazakhstan", to discuss proposals for the improvement of the population's ecological safety through the harmonization of water quality norms and standards, and to study practical means of approximating them to European standards.

Source: Delegation of the European Commission to the Republic of Kazakhstan, the Kyrgyz Republic and the Republic of Tajikistan

31 2009 | Viewed: 678 | News / Theme of day | Read full
Kazakh Zhaikmunai raises $300 mln via GDR placement

ALMATY, July 29 (Reuters) - London-listed Kazakh oil producer Zhaikmunai (ZKMq.L) said on Wednesday it had raised $300 million to supplement its debt facilities and finance its capital expenditures.

30 2009 | Viewed: 690 | News / Theme of day | Read full
IMF Executive Board Concludes 2009 Article IV Consultation with the Republic of Kazakhstan

On July 8, 2009, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Kazakhstan.

30 2009 | Viewed: 859 | News / Theme of day | Read full
Biden Says Weakened Russia Will Bend to U.S.

WASHINGTON -- Vice President Joe Biden said in an interview that Russia's economy is "withering," and suggested the trend will force the country to make accommodations to the West on a wide range of national-security issues, including loosening its grip on former Soviet republics and shrinking its vast nuclear arsenal.

27 2009 | Viewed: 748 | News / Review of Mass Media | Read full
Kazakh bank BTA sees 66-97 pct debt haircuts

ALMATY, July 24 (Reuters) - Kazakhstan's largest bank BTABTAS.KZestimates the haircuts it will offer to creditors at 66 to 97 percent, excluding trade finance, the bank said on Friday.

25 2009 | Viewed: 715 | News / Theme of day | Read full
Kazakh bank BTA halts debt interest payments

ALMATY, July 24 (Reuters) - Kazakhstan's largest bank BTABTAS.KZhas halted interest payments on its debt, the bank, which stopped principal repayments in April, said on Friday.

25 2009 | Viewed: 679 | News / Theme of day | Read full
Kazakh KazMunaiGas H1 profit falls 86 pct

ALMATY, July 22 (Reuters) - Kazakh state oil and gas company KazMunaiGas [KMG.UL] said on Wednesday its consolidated net income fell to 39.2 billion tenge ($260 million) in the first half from 271.5 billion tenge in the same period of 2008.

24 2009 | Viewed: 732 | News / Theme of day | Read full
UPDATE 1-Citi cuts lending limits to top Kazakh banks

ALMATY, July 20 (Reuters) - Citigroup (C.N) has cut lending lines to top Kazakh banks and will quit local interbank deposit indicator KazPrime, whose manager said more members could leave soon as credit limits tighten.

22 2009 | Viewed: 726 | News / Theme of day | Read full
RPT-Kazakh Zhaikmunai places GDRs at $4 apiece-source

MOSCOW, July 20 (Reuters) Kazakh oil company Zhaikmunai (ZKMq.L) sold $300 million worth of new Global Depositary Receipts for $4 apiece, a source close to the placement said on Monday.

21 2009 | Viewed: 685 | News / Theme of day | Read full
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