C.A.T. oil Enters H2 with Confidence after Significant Increase in Earnings and Profitability

31.08.2010

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, today announced the results for the first half of the Fiscal Year 2010. During the reporting period, C.A.T. oil benefitted from the noticeable signs of an economic recovery and increasing demand for oil field services. 2978 

Kazakhstan pushes Islamic finance after banking crisis

27.08.2010

Seeking to diversify its financial industry after a banking crisis, oil-rich Kazakhstan is drawing on Arab and Malaysian investment in an effort to build an Islamic finance industry among its 13mn Muslims. 4577 

Fed bumps notables at its annual retreat

27.08.2010

Ahead of an important speech by Federal Reserve Chairman Ben Bernanke on Friday, the buzz at this year's annual Fed retreat in Jackson Hole, Wyo., is who's here and who isn't. To make room for more foreign dignitaries, the Kansas City Fed, which organizes the event, has left out some of its own top officials and some Wall Street notables. 2645 

Russia to build China link before South Stream

26.08.2010

Russian energy giant Gazprom may build a natural gas pipeline from Russia to China before it completes South Stream. 2996 

Central Asia an emerging investment focus

26.08.2010

Global investors struggling to diversify their exposure to emerging markets are studying Central Asia, with a particular focus on Kazakhstan. 1932 

Turkmenistan Warms to US, Hugs China

25.08.2010

Turkmenistan has all but ruled out exporting its huge natural gas resources to the west or to Russia. That’s a big win for Beijing in the strategically critical race for Central Asian’s huge gas resources. 2201 

Wheat jumps on fears about Russia’s fall crop

23.08.2010

Wheat prices jumped Thursday as Russia's persistent, devastating drought raised questions about whether another crop can be planted this fall. 1555 

Kazakhstan bonds with Sharia-compliant finance

23.08.2010

Given a choice between a sukuk or a plain-vanilla eurobond, most countries outside the Middle East and certain parts of South East Asia would tend to take the western option. 1565 

Kazakhstan takes over Azerbaijan wheat market from Russia

20.08.2010

Kazakhstan has agreed to take over Russian wheat exports to AzerbaijanWASHINGTON, DC - Wednesday, August 18, 2010 - The great Eurasian drought and crops shortfall of 2010 took a dramatic twist this week with reports that Kazakhstan would replace Russia as the main supplier of wheat to Azerbaijan. 2907 

Russia's Customs Union tinged with failure

20.08.2010

The Customs Union between Kazakhstan, Russia and Belarus formally came into force on July 1. However, the occasion produced no cause for celebration among the union's members. 2088 

Russia's Wildfire Leads to Market Fluctuations

19.08.2010

Russia's decision to halt wheat exports this year has resulted in sharp fluctuations in grain prices in agriculture commodities markets, stirring up fears that another food crisis may be looming. 2043 

Soybean Invasion Sparks Move in Argentine Congress to Cut Wheat Export Tax

19.08.2010

Argentine opposition leaders say they have support for a bill to eliminate export taxes on wheat and corn as a way to lure farmers away from soybeans, the country’s biggest crop, and plant more cereals. 1909 

How drought and floods will hit food and clothing prices

18.08.2010

Scorching drought in Russia, devastating floods in Pakistan and rising food consumption in growing markets like China are fuelling soaring prices for many basic commodities such as wheat, barley, cotton and cocoa. This means that we'll be faced with inflation-busting rises in the price of bread, pasta, meat, beer, chocolate and clothing, all at a time when our incomes are under threat. 1979 

Kazakhstan recovering from economic crisis, still banking system weak: IMF

18.08.2010

Kazakhstan is recovering from economic crisis due to a timely stimulus program and higher oil prices, but stagnant credit growth and banking sector troubles continue to weigh on economic activity, the International Monetary Fund said. 1905 

Russian Grain Ban Could Hurt Turkmenistan

18.08.2010

A decision by Moscow to halt exports of grain because of wildfire damage to crops could result in shortages in Turkmenistan, which buys in much of its wheat. 1438 

Climactic shock to wheat markets signals new era of agriculture

17.08.2010

Food systems in transition as consumers face recalibration of supply, demand. Russia's decision to stop all grain exports due to extreme heat and unpredictable weather patterns will eventually hit consumers' pocket books -- it is just a matter of time. 2292 

World 2010/11 Coarse Grain Production Projected Lower This Month

17.08.2010

Prospects for global coarse grain production in 20101/11 declined this month as the drop in foreign production more than offset the U.S. increase. World coarse grain area is still expected to expand, but average yield is likely to fall short of the 2009/10 record. World coarse grain production in 2010/11 is projected a bit above 2009/10 but slightly below 2008/09. 1248 

Weekly Commodities Review

16.08.2010

Crude oil prices plunged last week as traders fretted that a global economic slowdown could dent energy demand, but gold hit a one-month high as many investors sought a safe-haven for their cash. 1578 

Islamic gold dinar move sparks debate about legitimacy of dollar

16.08.2010

The announcement last week by the Kelantan state government in Malaysia that it is introducing gold dinars and silver dirhams as legal tender alongside the Malaysian ringgit, is a damp squib of a failed attempt at financial UDI (unilateral declaration of independence). 1809 

Kazakhstan gets UK's OK for defense exports

13.08.2010

The UK Foreign & Commonwealth Office has released its annual Strategic Export Controls report (PDF), in which it reports on military exports over the last year. It includes a few case studies, where it explains the decision-making process behind whether it allows or disallows a certain sale to be made, taking into account human rights, the risk to UK interests, risk that the equipment will be transferred to another country, and so on. This year they had a case study on Kazakhstan, and came to the conclusion that the sale would be OK: 2189 

Food prices: The ghost of crisis past

13.08.2010

The great test of whether the world is about to repeat the crisis of 2008 is whether we have enough stocks of wheat. 1892 

Kazakhstan - Telecoms, Mobile, Broadband And Forecasts - New Market Report Published

12.08.2010

Although growth slowed significantly in 2009, Kazakhstan has been experiencing a booming telecom market that included almost 100% mobile penetration by early 2010. This has come about on the back of a growing economy and a program of positive regulatory reform in the telecom sector. 2703 

How to spend a billion dollars in Kyrgyzstan?

10.08.2010

Nearly two weeks after international donors pledged more than a billion dollars in aid to Kyrgyzstan, its caretaker government [http://www.irinnews.org/Report.aspx?ReportId=89612] is busy working out how to turn the promises into hard cash, and experts say there is confusion about who will get how much aid, when. 3111 

In Kazakhstan’s Energy Hub, Profits Slow to Trickle Down

06.08.2010

As the center of Kazakhstan's energy sector, the city of Atyrau plays an important role in the country's economic success. But you wouldn’t necessarily know it by looking at many of the city’s neighborhoods. 2545 

Uranium Looking Bullish Again?

02.08.2010

Uranium soared from $10 a pound in 2000 to a stunning $136 a pound in 2007 - and then the bottom fell out. After three lean years, could another bull market be ahead? 3036