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Investigators search Moscow offices of BTA bank

MOSCOW, Sept 29 (Reuters) - Russian investigators are searching the Moscow offices of BTA bank, the Interior Ministry said on Tuesday.

30 2009 | Viewed: 710 | News / Theme of day | Read full
IFC Investment to Expand Access to Finance for Small and Medium Enterprises in Kazakhstan

Almaty, Kazakhstan, September 28, 2009-IFC, a member of the World Bank Group, announced today it will invest inJSCBank CenterCredit, providing long-term capital that will help promote access to finance for small and medium enterprises in Kazakhstan.

30 2009 | Viewed: 1 095 | News / Theme of day | Read full
G20 upbeat on economy, pledges financial reforms

PITTSBURGH (Reuters) - TheGroup of 20rich and developing nations promised to give rising powers such as China more say in rebuilding and guiding the global economy, and declared their crisis-fighting efforts a success on Friday.

28 2009 | Viewed: 665 | News / Theme of day | Read full
UPDATE 1-Canada and Kazakhstan reach nuclear trade deal

OTTAWA, Sept 24 (Reuters) - Canada and Kazakhstan have reached a nuclear cooperation agreement to open up Kazakhstan's civil nuclear market to Canadian uranium and technology suppliers, Trade Minister Stockwell Day said on Thursday.

26 2009 | Viewed: 800 | News / Theme of day | Read full
UPDATE 1-Kazakh KMG EP buys PetroKazakhstan stake from parent

ALMATY, Sept 23 (Reuters) - Kazakh oil producer KazMunaiGas Exploration and Production (KMG EP) (KMGq.L) is buying a 33 percent stake in PetroKazakhstan, another upstream firm, from its parent, state energy firm KazMunaiGas [KMG.UL].

24 2009 | Viewed: 803 | News / Theme of day | Read full
Moody's may bear brunt of rating agency mistrust

NEW YORK (Reuters) - Rating agency Moody's Corp may bear the brunt of regulatory scrutiny of the industry, after a former analyst sent congressional investigators a memo stating that the company knowingly assigned incorrect ratings to a security as recently as this year, according to a source familiar with the memo.

24 2009 | Viewed: 684 | News / Theme of day | Read full
Kazakh bank BTA says creditors to write down $4.9 bln

ALMATY, Sept 23 (Reuters) - Creditors of Kazakh state-run bank BTABTAS.KZhave offered to write down debts totalling $4.9 billion, more than half of the amount requested by the bank, BTA CEO Anvar Saidenov told reporters on Wednesday.

24 2009 | Viewed: 717 | News / Theme of day | Read full
Study shows U.S. bank CEO pay dwarfs rest of world

NEW YORK (Reuters) - You wouldn't know it by his pay stubs, but Jiang Jianqing heads the world's largest bank.

24 2009 | Viewed: 626 | News / Theme of day | Read full
Fed says U.S. recovery is underway

WASHINGTON (Reuters) - The Federal Reserve on Wednesday upgraded its assessment of the U.S. economy, saying growth had returned after a deep recession, while reiterating its promise to hold interest rates very low for a long time.

24 2009 | Viewed: 758 | News / Theme of day | Read full
"ObamaVision" deemed top TV word of 2009

LOS ANGELES (Reuters) - "ObamaVision" -- the term coined by the media to sum upPresident Barack Obama's pledge to bring hope and change to America -- was on Wednesday deemed the most influential English word from television in 2009.

24 2009 | Viewed: 645 | News / Theme of day | Read full
Energy Security and Industry Accountability Targeted in New Legislation by Bipartisan Senate Group

NEW YORK-The Revenue Watch Institute urges the Senate to take swift action on the bipartisan "Energy Security through Transparency Act of 2009," introduced today by Senators Richard Lugar (R-Ind.) and Ben Cardin (D-Md.). The bill, which will revise U.S. Securities and Exchange Commission guidelines, is a small change that will spark great rewards in financial and political stability for the energy sector worldwide and here in the United States.

24 2009 | Viewed: 987 | News / Theme of day | Read full
JSC BTA Bank Signs a Memorandum of Understanding with the Creditors Steering Committee to restructure BTA Banks Financial Indebtedness

JSC BTA Bank ("BTA") announced today that it has entered into a Memorandum of Understanding ("MOU") with the Creditors' Steering Committee (the"Steering Committee") to restructure BTA's financial indebtedness (the"Restructuring").

The objective of the Restructuring shall be to satisfy the regulatory capital requirements of the FMSA as of the effective date of the Restructuring.

24 2009 | Viewed: 895 | News / Theme of day | Read full
Kazakh BTA creditors draft own restructuring plan

ALMATY, Sept 22 (Reuters) - The creditors of Kazakh bank BTABTAS.KZhave proposed their own plan to restructure its $10 billion debt, according to the memorandum published by BTA.

23 2009 | Viewed: 756 | News / Theme of day | Read full
UPDATE 2-Kazakh bank BTA signs debt restructuring MOU

ALMATY, Sept 22 (Reuters) - Kazakh state-run bank BTABTAS.KZon Tuesday reported progress in talks to restructure its $10 billion debt by signing a memorandum of understanding (MOU) with its creditors' steering committee.

23 2009 | Viewed: 755 | News / Theme of day | Read full
BG seeks over $1 billion from Kazakhstan in duty dispute

ASTANA (Reuters) - British energy firm BG is seeking to recover more than $1 billion in oil export duty paid to Kazakhstan through an international arbitration court, Kazakh Energy Minister Sauat Mynbayev said Tuesday.

23 2009 | Viewed: 779 | News / Theme of day | Read full
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