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Fri, 9 May 2008 12:47:00 GMT

Indian minister gives bio-fuels the thumbs down

Indian Minister of State for External Affairs Anand Sharma has taken a dig at US president, George Bush, to emphasise his points on the global food crisis. Mr Sharma has said one of the primary reasons behind the global food crisis is the diversion of
Fri, 9 May 2008 12:47:00 GMT

Futures trading banned in India

The Indian government has banned futures trading in four commodities to tame inflation. The finance ministry late Wednesday banned futures trading in chana, soya complex, rubber and potato to check the rising prices of food grain and other essential
Fri, 9 May 2008 12:46:00 GMT

Russian steel producer buys US factory

Russia's largest steel producer Severstal has said it had finalised a deal to purchase the US-based Sparrows Point steel mill from ArcelorMittal for US$810 million. The US Department of Justice demanded in February 2007 that ArcelorMittal sell Sparrows
Fri, 9 May 2008 12:46:00 GMT

Greenspan believes economy is stabilising

Former Federal Reserve Chairman Alan Greenspan has said he believes the worst of the credit crisis is over. In a speech made in New York, Mr Greenspan said house prices still had a long way to fall and that it was unlikely they would stabilise by
Fri, 9 May 2008 12:46:00 GMT

Mortgage bill may face presidential veto

The US House of Representatives has approved a bill designed to stem the tide of home foreclosures due to the subprime mortgage crisis. The Democratic-controlled chamber passed by a vote of 266 to 154 the bill which would create a 300-billion-dollar
Fri, 9 May 2008 12:46:00 GMT

Denial on al-Qaeda arrest report

United States military sources in Iraq have denied reports that Iraqi security forces have detained the leader of al-Qaeda in Iraq. Arabic television station al-Arabiya had earlier reported that Abu Hamza al-Muhajir had been arrested in a joint Iraqi-US
Fri, 9 May 2008 12:46:00 GMT

Military rulers will press ahead with Myanmar vote

Myanmar's military rulers have urged voters to approve a new constitution at Saturday's referendum, which is still due to go ahead, even after the devastation caused by cyclone Nargis. The ballot will be postponed in the worst-hit areas, including the
Fri, 9 May 2008 12:46:00 GMT

Thai prime minister cancels Myanmar appeal trip

Thai Prime Minister Samak Sundaravej has abruptly cancelled plans to fly to Rangoon over the weekend to persuade the ruling Myanmar junta to accept aid workers and supplies from the United States. Samak said he had been informed that the Myanmar
Fri, 9 May 2008 12:46:00 GMT

Kazakh President to congratulate nation on Victory Day

ASTANA. May 9. KAZINFORM. /Kalamkas Abuova/ Today the Kazakhstanis celebrate the 63rd anniversary of the Great Victory. President of Kazakhstan Nursultan Nazarbayev will meet with the Great Patriotic War veterans and take part in a ceremony of laying
Fri, 9 May 2008 12:18:00 GMT

Nazarbayev laid flowers to Motherland Defenders' Monument in Astana

- Head of the State Nursultan Nazarbayev has laid flowers to the Motherland Defenders' Monument in Astana and congratulated veterans and participants of the Great Patriotic War on Victory Day. After the ceremony N. Nazarbayev, veterans, participants of
Fri, 9 May 2008 12:16:00 GMT

Kazakh schoolchildren won 23 medals in I-SWEEP Olympiad in Houston

-SWEEP Olympiad that took place on May 1-5 in Houston, Texas, US; Kazinform refers to the "Daryn" Center under the Kazakh Education and Science Ministry. In whole, school teams from 51 countries participated in the event. More than 800 schoolchildren
Fri, 9 May 2008 12:15:00 GMT

Creation of nuclear weapon-free zone in Central Asia discussed in Geneva

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Fri, 9 May 2008 11:15:00 GMT

Russia's MTS signs up 500,000 customers in Turkmenistan

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Fri, 9 May 2008 10:45:00 GMT

Kazakh carmaker Azia Avto output up 65% on year in Jan-Mar

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Fri, 9 May 2008 10:42:00 GMT

The Contribution of Oil to Kazakhstan Economy / Bekir Karabekmez

This commentary is from USAK's Energy Review Newsletter To subscribe email to energyreview@turkishweekly.net Strengthening the position of the state as an influential and responsible participant in international oil and energy market is a common goal for
Fri, 9 May 2008 09:45:00 GMT

Visit of President of Uzbekistan Islam Karimov to Kazakhstan

On April 22-23, 2008 President of Uzbekistan Islom Karimov was on an official visit to Kazakhstan, which is of great importance to the development of the mutually beneficial cooperation of the two countries. During the visit of Karimov to Astana the two
Fri, 9 May 2008 09:44:00 GMT

Uzbekistan Agrominitech Expo-2008 ends in Tashkent

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Fri, 9 May 2008 09:43:00 GMT

Six leading banks of Kazakhstan recognized credits for sum $1178.9 million as a loss As of March 1, 2008 six leading banks - Kazkommertsbank, BTA Bank, Alliance Bank, National Saving Bank of Kazakhstan, ATF Bank, Bank Central Credit - have recognized

six leading banks - Kazkommertsbank, BTA Bank, Alliance Bank, National Saving Bank of Kazakhstan, ATF Bank, Bank Central Credit - have recognized credits for a total sum $1178.9 million as a loss, the agency reports referring to Institute of Economic
Fri, 9 May 2008 07:22:00 GMT

Ex-akim of Eastern Kazakhstan oblast Karibzhanov received deputy mandate of majlismen The candidature of Zhanybek Karibzhanov has been approved as a deputy of Majilis of the Parliament of Kazakhstan at the meeting of the Political Council of the Nati

Astana. May 7. Kazakhstan Today - The candidature of Zhanybek Karibzhanov has been approved as a deputy of Majilis of the Parliament of Kazakhstan at the meeting of the Political Council of the National Democratic Party Nur Otan, the agency reports. This
Fri, 9 May 2008 07:22:00 GMT

Average weighted rate is 120.56 KZT per dollar Average weighted rate of KZT on Kazakhstan stock exchange (KASE) decreased by 0.06 items on Thursday against Wednesday and totaled KZT 120.56 per dollar.

Almaty. May 8. Kazakhstan Today - Average weighted rate of KZT on Kazakhstan stock exchange (KASE) decreased by 0.06 items on Thursday against Wednesday and totaled KZT 120.56 per dollar. Volume of the trades in U.S. dollar held on KASE amounted USD
Fri, 9 May 2008 07:22:00 GMT

Cargo ship Progress -64 being prepared for launch at Baikonur Cargo space ship Progress -64 is being prepared at Baikonur, the agency reports referring to a source at the space center.

Baikonur. May 8. Kazakhstan Today - Cargo space ship Progress -64 is being prepared at Baikonur, the agency reports referring to a source at the space center. Specialists of the space center are conducting final stage of preparation of cargo space ship
Fri, 9 May 2008 07:21:00 GMT

Prime Minister set objectives to new akim of Eastern Kazakhstan oblast The Prime Minister of Kazakhstan Karim Masimov gave new akim of the Eastern-Kazakhstan oblast Adylgazy Bergenev a number of orders, akim of the Eastern Kazakhstan oblast press ser

Ust-Kamenogorsk. May 8. Kazakhstan Today - The Prime Minister of Kazakhstan Karim Masimov gave new akim of the Eastern-Kazakhstan oblast Adylgazy Bergenev a number of orders, akim of the Eastern Kazakhstan oblast press service informed the agency. 'K.
Fri, 9 May 2008 07:21:00 GMT

First foreign visit of D. Medvedev to take place to Kazakhstan The first foreign visit of Dmitry Medvedev after assumption of the post of the President of Russia will be to Kazakhstan, the agency reports referring to press service of Russian presiden

Almaty. May 8. Kazakhstan Today - The first foreign visit of Dmitry Medvedev after assumption of the post of the President of Russia will be to Kazakhstan, the agency reports referring to press service of Russian president. On May, 22 - 23 the President
Fri, 9 May 2008 07:21:00 GMT

Foreign currency exchange rates fixed by National Bank The National Bank of the Republic of Kazakhstan fixed the foreign currency exchange rates to the tenge for May 9, 10, 11, 12:

Almaty. May 8. Kazakhstan Today - The National Bank of the Republic of Kazakhstan fixed the foreign currency exchange rates to the tenge for May 9, 10, 11, 12: US dollar - 120.56 tenge Euro - 184.91 tenge Russian ruble - 5.05 tenge United Kingdom Pound -
Fri, 9 May 2008 07:21:00 GMT

Bangladesh face Kyrgyzstan in a must-win situation

Dhaka, May 8 (bdnews24.com) - Bangladesh will face an uphill task to ensure their AFC Challenge Cup's finals berth when they take on hosts Kyrgyzstan in the Group C last match in Bishkek Friday. Bangladesh, who were held to a goalless against Afghanistan
Fri, 9 May 2008 07:07:00 GMT

Middle-East carrier stops in 12 new places

Abu Dhabi-based carrier Etihad Airways is about to increase its destination list. Twelve new destinations will be added to the network in the coming months to attract more foreign travellers. These include major cities in China, India and former Soviet
Fri, 9 May 2008 06:33:00 GMT

News Corp sits on good profit

Rupert Murdoch's News Corp has seen a quarterly net profit rise. Due to higher advertising sales at the Fox TV network and Fox News Channel and a one-time gain from its stock swap with Liberty Media, profits have risen three-fold. The fiscal
Fri, 9 May 2008 06:33:00 GMT

South Korea wants changes to beef import agreement

South Koreans, fearful of mad cow disease, want their government to secure changes from the US to beef import agreements. Prime Minister Han Seung-Soo has recently repeated government pledges to suspend imports if any further mad cow cases emerge in the
Fri, 9 May 2008 06:33:00 GMT

Desktop computers take a back seat to laptops

Early 2009 will see US notebook computers exceed desktop models for the first time. The desktop PC market is still expected to experience single-digit growth rates for several years with market due to plateau due to US macroeconomic pressures and the
Fri, 9 May 2008 06:33:00 GMT

U.S. stocks modestly higher, Dow gains 52, Nasdaq 13

Gloomy news from overseas markets kept bidders largely at bay on Wall Street Thursday. Microsoft also ruled out resuming talks with Internet giant Yahoo! The U.S. dollar was mixed. The major indices did however eke out modest gains. The Dow Jones
Fri, 9 May 2008 06:33:00 GMT