BTA Bank, Kazakhstan's embattled lender, has reached a deal to restructure its $11.6-billion debt on December 7, the bank said in a statement.
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By Maria Golovnina
Its chimneys towering high above the steppe of central Kazakhstan, the Temirtau steel plant spews enough smoke to cloak the entire city with a cloud of toxic emissions.
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Farkhad Sharip
Fielding questions from viewers on state-controlled television channels on November 13 Kazakhstan's President Nursultan Nazarbayev announced that on November 27 the leaders of Russia, Belarus and Kazakhstan would gather in Minsk to sign final agreements on a Customs Union.
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Russia wants to turn a newly minted Customs Union with Belarus and Kazakhstan into its major vehicle for post-Soviet economic integration in Central Eurasia.
Sergei Blagov
Russia wants to turn a newly minted Customs Union with Belarus and Kazakhstan into its major vehicle for post-Soviet economic integration in Central Eurasia.
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By Raushan Nurshayeva
President Nursultan Nazarbayev told global oil and metals majors working in Kazakhstan on Friday he would force them to help diversify the economy as the government pledged $67 billion to modernise industries.
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By Stefan Wagstyl
Companies from Kazakhstan plan to move part of their fundraising away from London, according to the country's central bank governor, because UK investors failed to stand by the central Asian state during the financial crisis.
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Kazakhstan's Kazmunaigas and Uzbekistan's Uzbekneftegas appear in the Top 50 for the first time.
