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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 July 2009 | Viewed: 318 | News » Theme of day | Read full
Kazakhstan central bank grapples with CDS headache

Astana, the capital of Kazakhstan, lies thousands of miles from London's trading rooms - let alone the political lobbyists in Washington. This summer, however, Grigori Marchenko, the Kazakh central bank governor, has reason to follow the US and UK debate about the future of credit derivatives with particular interest.

17 July 2009 | Viewed: 359 | News » Theme of day | Read full
SK Telecom considering bid for Kazakhtelecom unit

SEOUL, July 14 (Reuters) - SK Telecom Co (017670.KS), South Korea's top mobile operator, said on Tuesday it was considering bidding for a 51 percent stake in Kazakhtelecom's KZTK.KZ wireless unit Mobile Telecom Service.

16 July 2009 | Viewed: 322 | News » Theme of day | Read full
Medvedev departs from party line on joining WTO

Russian president Dmitry Medvedev yesterday announced Moscow could still join the World Trade Organisation on its own, in his biggest policy clash in public with Vladimir Putin.

13 July 2009 | Viewed: 372 | News » Theme of day | Read full
Kazakhstan completes China gas link segment

BAISERKE, Kazakhstan, July 10 (Reuters) - China moved a step closer to securing a new source of gas supply on Friday when Kazakhstan finished building its segment of a pan-Central Asian gas pipeline designed to address China's growing energy needs.

11 July 2009 | Viewed: 362 | News » Theme of day | Read full
Kazakhstan wants to cut Kashagan cost by 30 pct

BAISERKE, Kazakhstan, July 10 (Reuters) - Kazakhstan wants to reduce the cost of developing its giant Kashagan oilfield by 30 percent, the chief executive of Kazakh state oil company KazMunaiGas [KMG.UL] said on Friday.

11 July 2009 | Viewed: 361 | News » Theme of day | Read full
UPDATE 1-Kazakh Alliance Bank agrees debt restructuring

ALMATY, July 8 (Reuters) - Kazakhstan's fourth-largest bank Alliance (ALLBq.L) said on Wednesday it had reached an agreement with creditors on restructuring its $4 billion debt, putting an end to months of uncertainty over its future.

10 July 2009 | Viewed: 404 | News » Theme of day | Read full
Former Kazakh Alliance CEO suspended from new job

ALMATY, July 7 (Reuters) - Kazakhstan's banking watchdog has suspended the former chief executive of Alliance bank (ALLBq.L) from his current job as head of Eurasian bank EUBN.KZ, another local lender, Eurasian bank said on Tuesday.

10 July 2009 | Viewed: 324 | News » Theme of day | Read full
Metallurgical plant will be established in Kazakhstan

The second in the world metallurgical plant based on the new steel-making process ITmk3 will be established in Kazakhstan. This project was supported by the President of the republic of Kazakhstan N.A.Nazarbayev at his meeting with the founders of the international Association of the Third Generation of Iron and Steel Technologies 3GIST.

6 July 2009 | Viewed: 382 | News » Theme of day | Read full
The video-bridge for journalists in Almaty

On July 1st, in Almaty, the Embassy of the USA in Kazakhstan has held the video-bridge for representatives of mass-media with Noam Scheiber, the senior editor of «The New Republic» magazine, where he covers economic and political themes.

3 July 2009 | Viewed: 357 | News » Theme of day | Read full
UPDATE 1-Kazkommertsbank says bought back $300 mln in bonds

ALMATY, July 1 (Reuters) - Kazakhstan's second-largest lender, Kazkommertsbank (KKGByq.L)KKGB.KZ, said on Wednesday it had bought back about $300 million in Eurobonds since October 2007.

2 July 2009 | Viewed: 372 | News » Theme of day | Read full
Goldman Sachs leaves as Kazakh BTA advisor

ALMATY, July 1 (Reuters) - Investment bank Goldman Sachs (GS.N) will no longer advise Kazakhstan's largest bank, BTA BTAS.KZ, on the restructuring of its $15 billion debt, BTA said on Wednesday.

2 July 2009 | Viewed: 375 | News » Theme of day | Read full
Kazakhtelecom to sell 51 pct stake in GSM firm

ALMATY, June 29 (Reuters) - Kazakh state-controlled fixed line operator Kazakhtelecom KZTK.KZ plans to sell its 51 percent stake in small GSM provider Mobile Telecom Service, it said on Monday.

30 June 2009 | Viewed: 362 | News » Theme of day | Read full
FT ad campaign draws on Barack Obama endorsement

The Financial Times has today unveiled a new advertising campaign featuring an endorsement from US president Barack Obama.

16 June 2009 | Viewed: 352 | News » Theme of day | Read full
21st Plenary Session of the Foreign Investors’ Council Chaired by the President of the Republic of Kazakhstan

President Nursultan Nazarbayev Chairs in Kostanay 21st Plenary Session of the Foreign Investors' Council Chaired by the President of the Republic of Kazakhstan

The theme of the session: "Alternative Sources of Finance for Further Economic Development of Kazakhstan under the Varying Conditions in the Global Financial Markets".

14 June 2009 | Viewed: 376 | News » Theme of day | Read full
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