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Latest Kazakhstan Economy News

  • Soaring oil prices bring FTSE down 9 May 2008 18:52 GMT
    ... figures added to concerns over the US economy - sending the Dow Jones Industrial Average 1% lower ... 433p. Miners were in negative territory as Kazakhmys fell nearly 7% or 128p to 1786p ...

  • Elusive SAFTA 9 May 2008 18:39 GMT
    ... to concentrate a lot more on its economy to fight the widespread poverty and unemployment. ... perhaps the size of EEC. Besides, its GDP is much higher than its neighbours and ... nations like Uzbekistan , Tajikististan, Kyrghistan and Kazakhstan , too are looking for trade opportunities ...

  • Banks and miners drag FTSE down 9 May 2008 17:11 GMT
    ... all fell between 1.1 and 4 percent. Kazakhmys slumped 6.7 percent to 1,786 pence. The ... cheap and UK equities especially so. UK GDP growth is in the process of slowing but ...

  • Kazakh miners slide on threat of export duty 9 May 2008 16:39 GMT
    ... Kazakh miners slide on threat of export duty ... ensure that important sectors of the Kazakh economy remain globally competitive,” said a Kazakhmys representative on ...

  • Socialization of the G7 Banking System and Food Crisis Horror Story 9 May 2008 16:34 GMT
    ... . Nominally they are positive after true inflation they are paying people to borrow money. ... over the next several decades. The real economy is about to get a kick in ... export rice have been literally BLOWN away. Kazakhstan , which formally was one of the ...

  • European Minerals Corporation: Additional Resources-Varvarinskoye Update-5-Star CAT Rating 9 May 2008 15:51 GMT
    ... resources at its Varvarinskoye gold/copper project in Kazakhstan and provide an update on progress at ... and operating costs varying significantly from estimates; inflation; changes in exchange rates; fluctuations in commodity ...

  • Ten Growth Stock Picks for the Turnaround 9 May 2008 14:13 GMT
    ... is out, of course, on the general economy, and expert opinions there range from "don't worry" ... services to 55 million subscribers in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia, and Armenia. Its ...

  • Silver miner Fresillo float fails to shine 9 May 2008 10:58 GMT
    ... and into the dollar as the US economy began to show signs of improving. Fresnillo is ... is set to to follow , the Kazakhstan ferrochrome miner which was promoted into the ...

  • Chabahar; link between Kazakhstan, Int'l waters 9 May 2008 09:19 GMT
    ... can play an important role in connecting Kazakhstan to international waters, Kazakh Ambassador to Tehran ... development of the country, creation of productive employment, and representation in the global markets. Chabahar ...

  • Elementary, my dear traders 9 May 2008 07:43 GMT
    ... per barrel boosted by the faltering US economy. The world oil price hit a record high ... looming recession in the world?s largest economy." Kazakhstan?s crude oil, most of which is relatively ...

  • Azerbaijan -- 2008 Article IV Consultation, Preliminary Conclusions of the IMF Mission  9 May 2008 04:42 GMT
    ... policy challenges are to reign in accelerating inflation, strengthen the quality and efficiency of fast ... 2007 indicate, in our view, that the economy is still unable to absorb the large ... of the year and developments in neighboring Kazakhstan have probably reduced access to foreign borrowing ...

  • REPLACE: European markets, commodities, Wall St 9 May 2008 01:55 GMT
    ... on hold in a bid to counter inflation and rising oil prices. In London the ... profit and a 9pc increase in sales. Kazakhmys gained nearly 10pc on reports of a ... said. He said, long term, the US economy's prospects were sound and favourable. WALL STREET... ...

  • Oil prices give a boost to Wall Street 9 May 2008 00:45 GMT
    ... rebounded in April, suggesting that the American economy, while soft, was not crumbling rapidly. "There's ... in Europe. Lonmin gained 6.1 percent, and Kazakhmys soared 10 percent on renewed talk of ... would help it achieve price stability, although inflation was likely to remain high for some ...

  • World Summary: US ADVANCES SLOWLY WHILST EUROPE RETREATS 8 May 2008 23:10 GMT
    ... said. He said, long term, the US economy's prospects were sound and favourable. It was ... on hold in a bid to counter inflation and rising oil prices. Shares of mortgage ... profit and a 9pc increase in sales. Kazakhmys gained nearly 10pc on reports of a ...

  • News Corp triples quarterly profit 8 May 2008 23:09 GMT
    ... yesterday advertising revenue showed the US consumer economy was stressed but revenue in Australia was "just ... America for Make Benefit Glorious Nation of Kazakhstan and Night at the Museum. Television operating ...

  • OPEC: The Oil Cartel 8 May 2008 20:20 GMT
    ... rising in places like Brazil, Canada and Kazakhstan General distaste for price-fixing in politics and ... in Indonesia or even Ecuador, because the economy is anemic. So there's still room for Angola ...

  • European markets fall, led by banks â European commentary 8 May 2008 19:57 GMT
    ... kept rates on hold to guard against inflation. As was widely expected, the ECB left ... 100 index rose 0.16% to 6,270.80. Antofagasta, Kazakhmys, Next, Lonmin, Unilever and Sage Group were ...

  • European markets fall, led by banks ??? European commentary 8 May 2008 19:48 GMT
    ... kept rates on hold to guard against inflation. As was widely expected, the ECB left ... 100 index rose 0.16% to 6,270.80. Antofagasta, Kazakhmys, Next, Lonmin, Unilever and Sage Group were ...

  • FTSE rises as Bank holds rates 8 May 2008 17:27 GMT
    ... will in June." "The complicating factor is inflation," he added. Earlier, the National Institute of ... of Economic and Social Research said Britain's economy continued to grow below its trend rate. ... at 4 percent. Among FTSE 100 gainers, Kazakhmys led miners higher, surging 10.2 percent on ...

  • Euroshares close lower as banking stocks fall, offsetting Wall St gains UPDATE 8 May 2008 17:00 GMT
    ... tough comparatives, poor weather, commodity costs and inflation. This also dragged on Heineken, down 3.04 ... the group. Also in late afternoon trade, Kazakhmys stormed 10.13 percent higher amid talk that ...

  • European shares end lower after cbanks stay on hold 8 May 2008 16:11 GMT
    ... stocks rose sharply on consolidation talk, with Kazakhmys (KAZ.L: ) jumping nearly 10 percent on ... would help it achieve price stability, although inflation was likely to remain high for some ... see more of a slowdown in the economy for the next months before it lowers ...

  • Vladimir Putin Toppled Himself // Life (May 08, 2008) 8 May 2008 13:18 GMT
    ... (Ukraine 16 times, Germany 12, Kazakhstan 11, France 9, Belorus ... correspondingly). According to the data, the Russian GDP boosted 6 times in current terms (from ... (from $158.4 bln to $44,1 bln). Overall inflation from 2000-2007 was 131% (the 22nd place ...

  • New roles, new chapter 8 May 2008 09:13 GMT
    ... itself to the development of a renovation-oriented economy in the coming years. Curbing prices hike and ... on April 29 that he would visit Kazakhstan and China after he was sworn in ...

  • Backgrounder: Putin's eight years in presidency 8 May 2008 07:49 GMT
    ... were characterized by tight schedules, a booming economy, political stability at home, as well as ... to 74 countries and 187 regions. Ukraine, Kazakhstan, Germany, Belarus, China and the United States ... 7 percent, except for 2005, when its GDP expanded 6.4percent. The economic growth reached 8.1 ...

  • Medvedev sworn in as president 8 May 2008 07:30 GMT
    ... largest energy producer. He inherits a booming economy fuelled by massive oil and gas exports, and ... first foreign trips will be to oil-rich Kazakhstan and to China, a growing partner and ...


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