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News: Wednesday, August 31, 2016 -- Issue 2566 http://www.newsline.kz/rss/

Article of the Day

Mataev hospitalized for second time during trial
    The head of the Kazakh Journalists' Union and chairman of the National Press Club has been hospitalized for the second time since a trial began against him last week for on charges of embezzlement and tax evasion.
    Saitkazy Mataev and his son, Aset, the director of the KazTAG news agency who also is being tried on embezzlement charges, went on trial for corruption in Astana on August 23.
    Saitkazy Mataev felt ill on the first day of the trial and was rushed from the courtroom to a hospital. His symptoms included high blood pressure.
    The trial resumed on August 29.
    However, Mataev's lawyer Andrei Petrov said Mataev was again rushed to a hospital with extremely high blood pressure.
    The Mataevs were detained in February and later placed under house arrest.
    Both deny the charges against them, and rights groups having denounced the charges as politically motivated, according to PFE/RL. With reporting by KazTAG.

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Kazakhstan General

Kazakhstan hunting man suspected of fighting with Ukrainian separatists
    A court in Kazakhstan’s northwestern city of Aktobe has added to the country's wanted list a local resident suspected of fighting alongside Russia-backed separatists in eastern ...
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Nazarbayev to attend G20 summit in China
    President Nursultan Nazarbayev has been invited to attend the G20 summit in Hangzhou, China, Russian Presidential Aide Yuri Ushakov told reporters.
    China is preparing to host the ...
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OSCE PA vice president holds talks in Astana
    Azay Guliyev, Azerbaijani MP, OSCE Parliamentary Assembly (OSCE PA) vice president, has met with Senate Chairman, Kassym-Jomart Tokayev, who also serves as the head of the ...
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Kazakhstan, Japan discuss nuclear disarmament and non-proliferation cooperation
    Foreign Minister Yerlan Idrissov met on Monday with Japan's Parliamentary Vice Minister for Foreign Affairs Motome Takisawa, the Kazakh MFA said in a statement on Tuesday.
    In ...
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President launches prize for world leaders promoting global peace and security
    Kazakh President Nursultan Nazarbayev announced the inauguration of an international prize for contributions to global peace and nuclear disarmament. Today marks twenty five years since Kazakhstan ...
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Nazarbayev’s initiatives are widely supported by the international community – Nigmatulin
    Chairman of the Majilis, Nurlan Nigmatulin has met with Vice Chairman of the OSCE Parliamentary Assembly, Azay Guliyev.
    The Speaker congratulated Guliyev on his election as ...
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Oil and Gas Sector

KazMunaiGas announces positive result from Supreme Court on 2006-2008 tax audit appeal
    KazMunaiGas Exploration Production is pleased to announce that in accordance with the decision of the Supreme Court, the 2006-2008 tax charge has been reduced by 5.4 ...
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Oil falls on strong dollar, crude glut
    Oil prices fell Tuesday, with Brent losing nearly 2 percent, as the dollar rallied and glut worries grew amid forecasts for higher US crude stockpiles and ...
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Mystery of oil held on Chinese islands puzzles crude markets
    From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in ...
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Finance and Investment

B1NK bot brings payments “first” to Kazakhstan
    By Antony Peyton
    Digital-only B1NK, part of Capital Bank Kazakhstan, has unveiled the region’s “first” chat and payments bot – using Telegram Messenger.
    The bank says its customers ...
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Ailing but oil-rich Kazakhstan lent a hand
    A multimillion dollar loan will help Kazakhstan, home to one of the world's largest oil fields, connect better with neighboring trade routes, a lender said.
    The Asian ...
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Constitution key factor for Kazakhstan success
    By Martin Banks
    Kazakhstan is set to celebrate the 21st anniversary of its constitution, the decisive moment on the road to the country becoming an independent ...
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Metals and Minerals

Three signposts for Glencore
    By Liam Denning
    A year ago, Glencore was staring into the abyss. But having hit an all-time low in September 2015, the stock has since gained 161 ...
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Trade and Consumer Goods

Kazakhstan exported over 8 million tons of grain during 2015-2016
    Kazakhstan exported 8,368,700 tons of grain during the 2015-2016 marketing year, the Ministry of Agriculture says.
    In the 2016-2017 marketing year, which began on July 1, Kazakhstan ...
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Kazakhstan and China to boost rail cargo transportation
    At the meeting of the Kazakhstan-China Border Railroads Commission held in Astana last week, Chairman of Kazakhstan Temir Zholy (KTZ), Askar Mamin, and the Chief of ...
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People and Professional Development

New deputy minister of education and science appointed
    Aslanbek Amrin has been appointed deputy minister of education and science, the mnistry said in a statement.
    Amrin was appointed to the position on August 26, 2016 ...
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Education and Science

Khalifa Bin Zayed school to open in Astana
    The Shaikh Khalifa Bin Zayed Al Nahyan School opened on Wednesday in the Astana, for the purpose of supporting the educational process in the Kazakhstan.
    An opening ...
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Sports

Kazakh weightlifter may get Rio bronze as Romanian Gabriel Sincraian fails doping test
    Rio bronze medalist Gabriel Sincraian of Romania has tested positive for a banned substance and will subsequently lose his medal. As a result, Kazakh weightlifter Denis ...
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Regional News

Fate of ailing Uzbek president remains unclear
    The fate of Uzbek President Islam Karimov remained uncertain on August 30, with no official word on his condition two days after the government announced he ...
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Uzbek president Karimov's Illness Forces Decision on Succession
    By Joanna Lillis
    Only a few crumbs of information have been provided so far about the state of health of Uzbekistan’s President Islam Karimov.
    The biggest bombshell was ...
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Senior ISIS strategist and spokesman reportedly killed in Syria
    By Anne Barnard and Douglas Schorzman
    Islamic State Spokesman and overseer of external terrorist operations, Abu Muhammad al-Adnani, was killed in the Syrian province of Aleppo, the ...
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Germany wants to lift sanctions on Russia
    By Cristina Silva
    German Chancellor Angela Merkel said Monday she has "the very greatest interest in stopping sanctions" against Russia in the latest sign that Moscow and ...
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How big a military threat is Russia, really?
    By Anna Mulrine Grobe
    In a recent talk at one of America’s premier war colleges, the nation’s top military officer warned incoming students about the dangers of ...
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Russians hacked two US voter databases, officials say
    By Robert Windrem, William M. Arkin and Ken Dilanian
    Hackers based in Russia were behind two recent attempts to breach state voter registration databases, fueling concerns the ...
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Suicide bomber attacks Chinese Embassy in Bishkek
    Authorities in Kyrgyzstan say a suicide car bomber struck the Chinese Embassy in Bishkek on August 30, killing himself and wounding three Kyrgyz employees of the ...
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Turkmenistan negotiating with Airbus Group
    By Huseyn Hasanov
    Turkmen President Gurbanguly Berdimuhamedov, who is on a working visit to Germany, met with Marwan Lahoud, Airbus Group executive vice-president of international, strategy and ...
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US offers bounty for fugitive Tajik colonel
    The United States is offering a reward of $3 million for information about fugitive Tajik Colonel Gulmurod Halimov, who joined the Islamic State (IS) group last ...
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Prices and Statistics

Commodities
    

Date: August 31, 2016; Source: Bloomberg.com

Energy

Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/bbl. 46.33 -0.02 -0.04% Oct 2016 1:19 AM
USD/bbl. 48.37 0.00 0.00% Oct 2016 1:15 AM
USd/gal. 144.55 -0.28 -0.19% Sep 2016 8/30/2016
USD/MMBtu 2.88 +0.03 +0.91% Oct 2016 8/29/2016
USd/gal. 146.44 -0.67 -0.46% Sep 2016 8/30/2016
 
Index Units Price Change %Change Contract Time (EDT) 2 Day
USD/t oz. 1,317.50 +1.00 +0.08% Dec 2016 1:20 AM
USD/t oz. 1,314.19 +3.08 +0.23% N/A 1:30 AM
USD/t oz. 18.88 +0.20 +1.08% Dec 2016 1:20 AM
USd/lb. 208.20 +0.55 +0.26% Dec 2016 1:19 AM
USD/t oz. 1,061.85 +4.75 +0.45% N/A 1:30 AM
Index Units Price Change %Change Contract Time (EDT) 2 Day
USd/bu. 316.00 +0.25 +0.08% Dec 2016 1:12 AM
USd/bu. 393.00 +0.75 +0.19% Dec 2016 1:04 AM
USD/MT 2,890.00 -35.00 -1.20% Dec 2016 8/30/2016
USd/lb. 65.90 -0.39 -0.59% Dec 2016 1:19 AM
USd/lb. 107.48 +2.40 +2.28% Oct 2016 8/30/2016  

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Exchange Rates
    

Date: August 31, 2016; Source: the National Bank of Kazakhstan

1 USD KZT 338.98 1 CHF

KZT 346.89

1 CNY

KZT 50.76

1 TRY KZT 114.64 1 JPY KZT 3.32
1 EUR

KZT 379.01

1 AUD

KZT 256.2

1 KGS KZT 4.93 100 UZS KZT 11.34 100 BYN KZT 173.3
1 GBP KZT 444.03 1 CAD KZT 260.59 1 RUB KZT 5.21 100 KRW KZT 30.23 1 UAH KZT 13.29

 

 

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