Edition:
United States

Mariya Gordeyeva

Exclusive: Kazakh state pension fund was major investor in Kazatomprom IPO - sources

Nov 16 2018

ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.

Exclusive: Kazakh state pension fund was major investor in Kazatomprom IPO - sources

Nov 16 2018

ALMATY Kazakhstan’s state-run pension fund has bought one-third of the shares sold by uranium miner Kazatomprom in its $450 million London and Astana initial public offering (IPO) this week, two sources familiar with the deal told Reuters.

Exclusive: Kazakh Tsesnabank borrows more from c.bank, plans large bond sale -CEO

Oct 19 2018

ALMATY Kazakhstan's second-biggest lender by assets, Tsesnabank , has received additional short-term funding from the central bank and plans to raise longer-term financing by selling over 250 billion tenge ($686 million) in domestic bonds next month, its chief executive told Reuters.

Kazakhstan presses ahead with plans for IPO of state oil firm -sources

Sep 17 2018

LONDON/MOSCOW/ALMATY, Sept 17 The government of Kazakhstan has invited international investment banks to pitch for roles in listing the state oil company KazMunayGaz (KMG) in London, five sources familiar with the matter said.

Liquidity drops at two large Kazakh banks in second quarter

Aug 29 2018

ALMATY, Aug 29 Two Kazakh banks, including the central Asian nation's No.2 lender by assets, have posted sharp drops in liquid assets in the second quarter, an analysis of official data showed, though the central bank said they were meeting regulatory requirements.

Thousands mourn Kazakh skating Olympic medalist Denis Ten

Jul 21 2018

ALMATY Thousands of mourners packed into a sports hall to remember Kazakh figure skater Denis Ten on Saturday, two days after he was stabbed to death in the street in Almaty.

KazMunayGaz deal to sell stake in Romanian arm to China's CEFC falls apart: sources

Jul 03 2018

BEIJING/ALMATY The deal by Kazakh state energy firm KazMunayGaz to sell 51 percent of its Romanian business to Chinese energy giant CEFC has fallen apart, three sources familiar with the talks told Reuters.

Kazakhstan's new financial hub seeks IPO monopoly

May 17 2018

ASTANA Kazakhstan's new foreign investment hub the Astana International Financial Centre (AIFC) has asked the government for exclusive rights to public offerings of some of the country's most prized assets due to be sold later this year.

World's biggest metals factory gives Kazakh town a life of its own

Mar 22 2018

AKSU, Kazakhstan On the surface, the Kazakh town of Aksu looks like a Communist stereotype. Its metals factory is the biggest in the world and for generations it has provided residents with employment, healthcare, education and leisure.

Kazakhstan offers stake in state oil firm to Shell: sources

Mar 13 2018

ASTANA Kazakhstan's sovereign wealth fund has offered Royal Dutch Shell the chance to buy a significant minority stake in national oil company KazMunayGaz (KMG) to make its planned flotation more attractive to foreign investors, two sources familiar with the talks told Reuters.

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