Finance - страница 60

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

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

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

'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

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Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.

07 August 2012

Commodity prices mostly fall on lack of stimulus measures Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.

04 August 2012

Euro stays weak in Asia after ECB disappointment The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.

03 August 2012

Kazakhstan slashes the key rate from the current 6% to 5.5% from August 6 In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.

02 August 2012

British finance minister fighting for survival: press British finance minister George Osborne must urgently form a plan to rectify the country's recession-hit economy after it shrank alarmingly in the second quarter.

27 July 2012

Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.

26 July 2012

Kazakhstan road policemen will get pay rise Last year their wages were raised by 30 percent. This year we are planning an additional raise: Road Police chairman.

26 July 2012

Kazakhstan government will help famers suffering from drought Kazakhstan Agriculture Ministry is working on measures to support farmers in relation to the severe drought in Kazakhstan.

26 July 2012

Kyrgyzstan gas debt to Kazakhstan is complicated and growing KyrgyzGas finds it had to collect the debts from its Kyrgyz users of gas.

26 July 2012

Kazakhstan Central Bank’s Governor on economic prospects The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.

25 July 2012