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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: 588 | 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: 624 | 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: 628 | 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: 647 | 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: 1 001 | 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: 789 | 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: 631 | 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: 702 | 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: 707 | 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: 748 | 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: 707 | News / Theme of day | Read full
Conoco, Mubadala Kazakh JV sees 1.5-3 bln crude reserves

ABU DHABI, Nov 10 (Reuters) - Abu Dhabi investment vehicle Mubadala and ConocoPhillips' (COP.N) offshore oilfield in Kazakhstan may hold as much as 3 billion barrels of crude in reserves, a company spokesman said on Tuesday.

12 2009 | Viewed: 707 | News / Theme of day | Read full
China hints at stronger renminbi

China's central bank on Wednesdayacknowledged the case for a stronger renminbi, days ahead of the arrival in Beijing of US presidentBarack Obamafor talks expected to highlightmounting international concernover Chinese currency policy.

12 2009 | Viewed: 803 | News / Theme of day | Read full
Kazakhstan c.bank hints at tenge to strengthen

ALMATY. Nov 11 (Reuters) - Kazakhstan central bank's chairman Grigory Marchenko said on Wednesday he believed the fundamentals were right for Kazakhstan's national currency to appreciate.

12 2009 | Viewed: 664 | News / Theme of day | Read full
Brown floats idea for global tax on banks

Finance ministers and central bank governors of the Group of 20 leading nations launched a framework to promote a better balanced global economy on Saturday, but the meeting was overshadowed by a dispute about a global tax on financial transactions and little progress on financing efforts to reduce global warming.

10 2009 | Viewed: 721 | News / Theme of day | Read full
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