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UPDATE 3-ENRC takes up $650 mln option to control Kazakh miner

Miner ENRC plans to buy the outstanding 75 percent of Kazakh coal producer Shubarkol Komir from ENRC's founder shareholders for up to $650 million, giving it access to low-cost coal for its existing operations and expansion plans.

12 2011 | Viewed: 541 | News / Review of Mass Media | Read full
US currency bill passes Senate vote

A bill that aims to punish Beijing for holding down its currency passed the Senate on Tuesday despite a warning from China that the legislation could plunge the global economy into a 1930s-like depression.

12 2011 | Viewed: 417 | News / Theme of day | Read full
Slovakia blocks euro rescue fund

The parliament of tiny Slovakia stalled the expansion of a bailout fund to rescue the euro zone from its debt crisis on Tuesday, but international lenders said they were likely to grant a loan to Greece next month, buying time for a broader response.

12 2011 | Viewed: 502 | News / Theme of day | Read full
Call for News Corp vote against Murdochs

News Corp faced intensifying pressure for corporate governance changes on Monday as the biggest investor advisory group in the US recommended shareholders vote against the re-election of 13 of the media company's 15 directors, including Rupert Murdoch, chairman and chief executive.

11 2011 | Viewed: 570 | Foreign experience | Read full
Huffington Post plans international edition

The Huffington Post is planning to create an international version of its news aggregation and blogging website this year in partnership with the publisher of Le Monde.

11 2011 | Viewed: 465 | Foreign experience | Read full
Metro chief to quit after media speculation

The chief executive of Metro, the world's fourth largest retailer by sales, has decided not seek the extension of his contract beyond next year following media speculation that he had lost the confidence of some members of the group's supervisory board.

11 2011 | Viewed: 500 | Foreign experience | Read full
KazMunaiGas EP oil output falls on strike, power cuts

ALMATY, Oct 10 (Reuters) - KazMunaiGas Exploration Production said on Monday its crude oil production would fall 8.4 percent below target this year as a result of a long-running labour dispute and emergency power cuts at some of its oilfields.

11 2011 | Viewed: 530 | Analytics | Read full
Beijing intervenes to help stabilise banks

The Chinese government will boost its stakes in the country's largest banks, as it attempts to shore up slumping financial stocks and to restore investor confidence.

11 2011 | Viewed: 372 | News / Theme of day | Read full
Banks to be forced to boost liquid assets

Global banking regulators will press ahead with the first worldwide effort to force banks to hold more liquid assets and cut back the industry's reliance on short-term funding, despite complaints that the rule changes could damage the broader economy, the new chairman of the Basel Committee on Banking Supervision has warned.

11 2011 | Viewed: 493 | Foreign experience | Read full
Cracks in Beijings financial edifice

The last time - in late 2008 - that economic peril was stalking the US and Europe, China marshalled the might of its state-directed economy and engineered a muscular rebound that led the subsequent global recovery.

11 2011 | Viewed: 477 | Analytics | Read full
Time short for eurozone, says Cameron

David Cameron has urged European leaders to take a "big bazooka" approach to resolving the eurozone crisis, warning they have just a matter of weeks to avert economic disaster.

11 2011 | Viewed: 451 | News / Theme of day | Read full
A Divide Over Valuing Greek Debt

Three big lenders have limited writedowns to 21 percent.

11 2011 | Viewed: 461 | Foreign experience | Read full
Bank of England increases QE by £75bn

The Bank of England acted more swiftly and more decisively on Thursday than most economists had expected to inject a further round of stimulus into the economy, as its governor warned that the nation may be facing its "most serious financial crisis ever."

11 2011 | Viewed: 450 | Foreign experience | Read full
Europes crisis is all about the north-south split Permalink

The eurozone is confronted with a crisis of not just labour costs and prices - but culture.

11 2011 | Viewed: 451 | News / Theme of day | Read full
Soros fails to quash insider trading conviction

George Soros, the billionaire hedge fund manager, has lost a case at the European Court of Human Rights to have his criminal conviction for insider dealing quashed.

10 2011 | Viewed: 545 | News / Review of Mass Media | 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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