Economy - страница 158

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

Serik Sultangali appointed Director General of KazTransGas Sultangali had already been Director General of KazTransGas in 2005-2007 and 2009-2011.

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

TENGRI LIFE

TENGRI TRAVEL

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

Astana ranked 2nd in CIS by salaries level Astana is among the top three CIS capitals by an average monthly salary.

08 August 2012

S&P cuts Greek outlook to 'negative' Standard & Poor's cut Greece's debt rating outlook to negative Tuesday, saying the worsening economy and political challenges could soon force another downgrade.

08 August 2012

Central Bank Governor on the tenge and growing demand for the US Dollar Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.

08 August 2012

Kazakhstan Central Bank Governor on slashing the key rate Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.

08 August 2012