Manchester United shares fall below IPO price Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
18 August 2012
Standard Chartered fined $340m over Iran deals Standard Chartered on Tuesday settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog.
17 August 2012
Kazakhstan bank closed its office in London Kazkommertsbank closed down its representative offices in Great Britain and Northern Ireland on June 1, 2012.
17 August 2012
Asia eyes Brazil's growing consumer market With Europe and the US in the economic doldrums, Asian manufacturers are setting their sights on Brazil's lucrative consumer market ahead of the 2014 World Cup and the 2016 Olympics.
16 August 2012
Kazakhstan’s National Oil Fund assets might be used to finance S&MBs With the assets of the National Oil Fund used to finance S&MBs, the APR could stand at 6-7%.
16 August 2012
KazTransOil to offer 40 million common shares within People’s IPO Program According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
16 August 2012
Asian economies most at risk from natural disasters Asian countries dominate a league table of economies most at risk from earthquakes, floods, storms and other natural hazards, according to research published on Wednesday.
16 August 2012
Kazakhstan anticipating 13 million tons of grain this summer According to the Agriculture Ministry, the grain export potential for the 2012-2013 marketing year is estimated at 12 million tons.
15 August 2012
KazAtomProm to raise its share in the national uranium reserves up to 52% in 2012 We hope to raise the Company’s uranium reserves by at least 250 000 tons by 2020: KazAtomProm Head.
15 August 2012
Indian PM pledges to attract more foreign investment Indian PM Manmohan Singh used his Independence Day speech on Wednesday to promise to improve conditions for foreign investment in the country after a sharp downturn in economic growth.
15 August 2012
BTA Bank opened yuan account in the Industrial and Commercial Bank of China BTA Bank and ICBC, the world’s biggest bank by assets, agreed to open a correspondent account of BTA Bank in ICBC Almaty.
14 August 2012
Brent crude oil price hits three-month high Crude prices finished mixed Monday after early jumps, with Brent topping $115 a barrel before settling back for a modest gain.
14 August 2012
Air Astana buying new Airbus planes Four new Airbus A320 and two Airbus A321 will be delivered to Kazakhstan between November 2012 and May 2013.
13 August 2012
Olympics: Most Britons say Games worth the cost - poll Most Britons believe the London Olympics have delivered good value for money, according to a poll published Saturday, as the hosts revel in Britain's best performance at the Games for more than a century.
12 August 2012
Manchester United slashes price for US IPO Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.
10 August 2012
Toyota announces $495 mn investment in Brazil Top Japanese automaker Toyota plans to invest $495 million dollars to build an engine plant in Brazil, the company's president said Wednesday after meeting Brazilian President Dilma Rousseff.
10 August 2012
Japan invests in Atyrau refinery Kazakhstan's Atyrau refinery signed a loan agreement with Japan Bank for International Cooperation and Bank of Tokyo Mitsubishi UFJ for $297.5 million.
09 August 2012
S. Korea firms in talks to resume Iran oil imports South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
09 August 2012
'Preferential shares' scandal ruins Spanish savers The bank called them "preferential stakes", but Inocencio Merino would prefer to have avoided them.
09 August 2012
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