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JPMorgan chief says bank rules anti-US

New international bank capital rules are "anti-American" and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said.

13 2011 | Viewed: 520 | News / Review of Mass Media | Read full
EU set to act on Caspian pipeline plan

European governments are attempting to revive a stalled effort to beat Russia's effort to bring central Asia's vast natural gas reserves to Europe.

13 2011 | Viewed: 473 | News / Review of Mass Media | Read full
Greek default jitters hammer French banks, euro

Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

13 2011 | Viewed: 506 | News / Theme of day | Read full
French banks hit as SocGen ditches assets

Societe Generale said it would cut costs and sell assets to free up 4 billion euros in fresh capital on Monday, although the surprise move failed to stem a sell-off in French bank shares, driven by fears of a Greek debt default.

13 2011 | Viewed: 447 | News / Theme of day | Read full
NYSE invokes Rule 48 for open

The New York Stock Exchange and NYSE Amex Cash Markets invoked Rule 48 on Monday, as fears of a credit rating downgrade of French banks and the lack of a solution to Greece's debt problem heightened concerns about the euro zone's debt crisis.

13 2011 | Viewed: 490 | News / Theme of day | Read full
After Gaddafi: A spent force

Behind the facade of the Libyan Investment Authority lies an opaque organisation beset by poor investment decisions.

13 2011 | Viewed: 511 | Foreign experience | Read full
What the world must do to boost growth

The world economy is in the midst of the second slowdown of this recovery from the financial crisis of 2008 and 2009.

13 2011 | Viewed: 483 | News / Theme of day | Read full
Obama confronts jobs "crisis" with $447 billion plan

President Barack Obama challenged Congress on Thursday to enact a $447 billion package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship.

12 2011 | Viewed: 521 | Foreign experience | Read full
Chinese inflation falls in August to 6.2%

China's attempts to cool persistent price increases appear to be taking effect as the pace of inflation slowed in August from a three-year high in July.

12 2011 | Viewed: 518 | Analytics | Read full
Canadian rating agency gives US triple A

The Canadian credit rating agency DBRS, used by the US Federal Reserve and European Central Bank, has issued its first ever opinion on the US, rating it triple A with a stable outlook.

12 2011 | Viewed: 480 | News / Theme of day | Read full
S&P downgrades Fannie Mae and Freddie Mac

Standard & Poor's lowered credit ratings on debt issued by Fannie Mae, Freddie Mac and other lenders backed by the federal government, citing the US loss of its AAA status, Bloomberg writes.

11 2011 | Viewed: 571 | News / Review of Mass Media | Read full
BofA to slash costs by 15%

Bank of America is poised to announce a three-year programme to slash costs by as much as 15 per cent - or $10bn - shedding up to 40,000 jobs in the process.

11 2011 | Viewed: 547 | News / Review of Mass Media | Read full
ECB resignation hits global markets

World financial markets have been thrown into fresh turmoil after the abrupt resignation of Germany's member of the European Central Bank's board exposed the deepening divisions over the bank's handing of the eurozone debt crisis.

11 2011 | Viewed: 513 | News / Theme of day | Read full
Central bank to buy Kazakh gold output until 2014-15

Kazakhstan's central bank said on Wednesday it would be buying up the Central Asian nation's entire gold bullion output until at least 2014-15 to ease its exposure to the sagging dollar.

9 2011 | Viewed: 575 | News / Review of Mass Media | Read full
Kazakhstan snubs banks linked to BTA default

Kazakhstan has blacklisted Morgan Stanley and Goldman Sachs after the controversial restructuring of BTA, which was once the central Asian country's biggest bank.

9 2011 | Viewed: 600 | News / Theme of day | Read full
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Interview with Sholpan Kozhamkulova

Sholpan Kozhamkulova
Sholpan Kozhamkulova, Ph.D., Assistant Professor, Chair, Department of Journalism and Mass Communication, KIMEP, Almaty

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