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Russia, Belarus, Kazakhstan create customs union

MINSK, Nov 27 (Reuters) - The presidents of Russia, Kazakhstan and Belarus signed an agreement on Friday to create a new customs union from July 1, 2010.

30 2009 | Viewed: 846 | News / Theme of day | Read full
Banks, world leaders play down Dubai debt threat

DUBAI/LONDON (Reuters) - Banks outside the Gulf played down their exposure to Dubai debt on Friday after fears of default shook global markets, and European leaders said the world economy was now strong enough to cope with the setback.

30 2009 | Viewed: 623 | News / Theme of day | Read full
Dubai shockwave hits global markets

Tremors from the shock request by Dubai's flagship government-owned holding company for a debt standstill spread through global equity markets on Friday, triggering a sell-off in Asia and heavy losses on Wall Street.

30 2009 | Viewed: 690 | News / Theme of day | Read full
Global markets hit by fresh Dubai jitters

Stock markets across the globe suffered fresh falls on Friday as global investors scrambled to understand the implications ofDubai World's restructuringand unexpected debt standstill.

30 2009 | Viewed: 669 | News / Theme of day | Read full
Kazakh BTA unit to restructure debt separately

ALMATY, Nov 23 (Reuters) - TemirbankTEBN.KZ, a medium-sized Kazakh lender controlled by state-run bank BTABTAS.KZ, said on Monday it would restructure its debt separately from BTA.

26 2009 | Viewed: 568 | News / Theme of day | Read full
Kazakh Cbank to consider rate cuts in Q1 2010-Deputy

NEW YORK, Nov 23 (Reuters) - Kazakhstan's deputy central bank chairman said on Monday there is room for cutting interest rates, but any decision will be taken closer to the end of the first quarter of next year.

26 2009 | Viewed: 596 | News / Theme of day | Read full
Microsoft and News Corp eye web pact

Microsofthas had discussions withNews Corpover a plan that would involve the media company's being paid to "de-index" its news websites fromGoogle, setting the scene for a search engine battle that could offer a ray of light to the newspaper industry.

24 2009 | Viewed: 601 | News / Theme of day | Read full
Philip Morris ordered to pay $300m to smoker

LOS ANGELES, November 19 (Reuters) - A Florida jury on Thursday ordered cigarette maker Philip Morris USA to pay $300 million in damages to a 61-year-old ex-smoker named Cindy Naugle who is wheelchair-bound by emphysema.

23 2009 | Viewed: 601 | News / Theme of day | Read full
IFC Investment in ATFBank to Help Small Businesses in Kazakhstan Access Financing

Almaty, Kazakhstan, November 17, 2009 - IFC, a member of the World Bank Group, will provide long-term capital support to JSC ATFBank with a $60 million subordinated loan, helping promote access to finance for small and medium enterprises in Kazakhstan.

20 2009 | Viewed: 966 | News / Theme of day | Read full
UPDATE 1-Mittal pulls out of oil block jv with India's ONGC

MUMBAI, Nov 18 (Reuters) - India's Oil and Natural Gas Corp (ONGC.BO) said steel magnate Lakshmi Mittal has pulled out of a project to jointly develop an oil block in Kazakhstan, but their partnerships in other blocks were intact.

19 2009 | Viewed: 742 | News / Theme of day | Read full
Kazakhstan plans foreign bond

Kazakhstan is to launch its first international bond in a decade to bolster its public finances and set a benchmark for companies to return to the capital markets.

18 2009 | Viewed: 600 | News / Theme of day | Read full
Bernanke reassures markets on dollar

The Federal Reserve is monitoring currency markets "closely" and will conduct policy in a way that will "help ensure that the dollar is strong", Ben Bernanke said on Monday in rare comments on the US currency.

18 2009 | Viewed: 657 | News / Theme of day | Read full
Obama meets China's Hu; focus on economic strains

BEIJING (Reuters) - U.S. President Barack Obama held much-anticipated talks with his Chinese counterpart Hu Jintao on Tuesday, with trade friction, the yuan currency and diplomatic headaches such as Iran and North Korea high on the agenda.

17 2009 | Viewed: 679 | News / Theme of day | Read full
Special Report

The 67 heads of state, criminals, financiers and philanthropists who really run the world.

13 2009 | Viewed: 708 | News / Theme of day | Read full
Kazakhstan may limit foreign ownership of banks

ASTANA, Nov 10 (Reuters) - Kazakhstan may limit foreign ownership of banks and other companies in the financial sector, central bank chairman Grogiry Marchenko said on Tuesday.

12 2009 | Viewed: 662 | News / Theme of day | Read full
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