Economy - страница 85

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JPMorgan to pay investors $4.5bn over mortgage bonds JPMorgan Chase said Friday it had reached a deal with 21 institutional investors to pay $4.5 billion for losses on mortgage securities it and Bear Stearns sold before the financial crisis.

16 November 2013

Street furniture to make cities of Kazakhstan cozier The street furniture will make cities of Kazakhstan cozier.

15 November 2013

Central Bank HQ should be located in Astana: Governor Should the decision be made to move the HQ, it will take 3-4 years to implement the decision.

15 November 2013

Yellen says Fed stimulus must continue Janet Yellen, the White House nominee to lead the Federal Reserve, said Thursday that the central bank's stimulus must remain in place to bolster an economy where growth remains fragile.

15 November 2013

KazMunaiGas planning a global IPO KazMunayGas is the state-owned oil and gas company of Kazakhstan.

15 November 2013

Kazakhstan agrees on transit period following WTO accession to support domestic producers Kazakhstan has been seeking to enter the WTO since 1993.

15 November 2013

Apple, Samsung earn all smartphone profits, and more Apple and Samsung are grabbing virtually all the profits in the red-hot smartphone market while most other makers are losing money.

15 November 2013

Fitch Ratings affirms Kazakhstan's Long-term foreign and local currency IDRs at 'BBB+' and 'A-' respectively The Outlooks on the Long-term IDRs are Stable.

15 November 2013

Euro "too strong", says European Commission's Tajani European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.

14 November 2013

TENGRI LIFE

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Rosneft to supply crude to Kazakhstan in exchange for transit to China Rosneft will supply Kazakhstan with additional crude in exchange for the oil transit to China.

14 November 2013

Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.

13 November 2013

Chevron ordered to pay Ecuador $9.51 bn on appeal: court An Ecuadoran court Tuesday upheld a ruling that US oil giant Chevron was liable for environmental damage in its Amazon basin region by sister company Texaco, but ordered it to pay a reduced $9.51 billion.

13 November 2013

China Singles Day online shoppers spend almost $6 bn Chinese shoppers spent a record 35.0 billion yuan ($5.7 billion) at the country's biggest online marketplaces on Singles Day, their operator said Tuesday, after the festival created by e-tailers to persuade the loveless to console themselves with retail therapy.

13 November 2013

EBRD raises Kazakhstan’s estimated GDP growth rate At the same time the Bank’s analysts point to weakness of the country’s banking sector, with over 30% of the loan portfolios being NPLs.

13 November 2013

EU to hold France, Germany to account in push for growth The EU will this week test a new system to ensure states toe economic rules when it decides whether to challenge eurozone giants Germany and France, over their growth and deficit policies.

12 November 2013

Venezuela expands crackdown on prices Venezuelans mobbed appliance and other stores Monday to cash in on price cuts ordered by the leftist government as local elections loom.

12 November 2013

Rosneft to transit crude to China across Kazakhstan Late October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline.

12 November 2013

China to allow more private investment in state firms: report China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.

12 November 2013

Kazakhstan lifts restrictions from import of Russian petrol The government of Kazakhstan has lifted restrictions from import of petrol from Russia.

12 November 2013