Latest Central Asia News
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After Gazprom snub Greece to sell gas company to Azerbaijan
Privatization Having failed to woo Gazprom, Greece is to sell a 66 percent share in DESFA, a fully owned subsidiary of state-run natural gas company DEPA, for EUR400 million to Azeri state-owned SOCAR. Greece will receive approximately EUR188m from the sale, which it will use to pay off its massive debts. "The privatization agency is very pleased, it's basically a done ...
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Ukraine seeks tradedeals to east and west
By Oleg Varfolomeyev Ukraine has been moving closer to both an association and free-trade deal with the European Union, as well as observer status in the Russian-led Customs Union of Russia, Belarus and Kazakhstan. Neither of the two statuses promises full integration. Because of this, Kiev believes they are not mutually exclusive. Ukrainian Foreign Minister Leonid Kozhara has said Ukraine ...
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Joint statement on Karabakh reflects Azerbaijans position - MFA
In a joint statement on the Nagorno-Karabakh conflict, the presidents of the U.S., Russia and France reflects the position of Azerbaijan, said in a briefing on Wednesday, the spokesman for the Azerbaijani Foreign Ministry Elman Abdullayev. On 18 June as part of the G8 summit, the presidents of the U.S., Russia and France issued a joint statement on the Nagorno-Karabakh conflict. ...
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EM ASIA FX-Short-covering supports Asia FX before Fed outcome
* Stop-loss dollar selling lifts baht * Taiwan dollar up on NDFs, rebound in won * Philippine peso, ringgit down; downside limited (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, June 19 (Reuters) - Most emerging Asian currencies turned higher on Wednesday as investors covered short positions after recent declines were considered excessive, and ahead of ...
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Asia stocks mixed ahead of Fed decision Nikkei ends up 1.8
Investing.com - Asian stock markets were mixed on Wednesday, as investors looked ahead to the outcome of the Federal Reserve's policy meeting later in the day. Shares in Japan outperformed the region as traders continued to eye movements in the yen and in the Japanese government bond market. During late Asian trade, Hong Kong's Hang Seng Index was down 0.7%, Australia's ...
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Kyrgyzstan’s parliament to consider renunciation of airbase treaty
BISHKEK, June 19 (Itar-Tass) - Parliament in Kyrgyzstan is due to consider a bill on renouncing an agreement with the U.S. on deployment of an airbase of the international antiterrorist coalition at Manas airport of the Kyrgyzstani capital Bishkek, the parliamentary press service told Itar-Tass. According to its spokesman, the bill has received endorsement of all the factions represented in ...
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Tethys Petroleum Limited Kazakhstan Forward Work Programme
TPL.TO )( ), the oil and gas exploration and production company focused on Central Asia, today announced its work programme in Kazakhstan for the second half of 2013. Forward Work ...
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EU stint on precise terminology on Azerbaijans territorial integrity
EU institutions stint on precise terminology in respect to Azerbaijan's territorial integrity, Elman Abdullayev says. The official position of the Azerbaijani Foreign Ministry on the adoption of the recent resolution by the European parliament provoked an angry reaction of not the European parliamentarians, as might be expected, but among a number of opposition media in Azerbaijan. The ...
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There is a good exchange of views between Germany and Azerbaijan
Between the government and the society of the Federal Republic of Germany and Azerbaijan, there is a good exchange of views, values, and interests in mutual cooperation. This was stated by Foreign Minister of Germany Guido Westerwelle on 18 June during an international media forum. He also noted that Germany's foreign policy takes into account the interests of both countries, including ...
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Asia markets mostly down as investors await Fed meetings results
SEOUL, South Korea - Asian markets opened mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve and for some clarity from the Fed about its future course. The results of a two-day Fed policy meeting will likely ripple through stock markets once investors learn whether there will be changes in the U.S. central bank's strategy for shoring up ...
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Asia Follows Wall Street Higher Nikkei Up 2
soaring nearly 150 points ahead of the central bank's conclusion of its two-day meeting on Wednesday. CNBC's Fed Survey found that Wall Street players expected the Fed roll back its stimulus program by December, compared to February, as expected ...
Turkmenistan Featured
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Turkmenistan's new olympic development could be blessing or curse
Work has finally begun on the massive Ashgabat Olympic complex development, a US $5 billion project that aims to enhance the standing of the capital city when Turkmenistan makes a bid to host the Olympic Games.
The sports complex being built in Ashgabat will be the largest and most state-of-the-art of its kind in Central Asia, underscoring Turkmenistan’s position as a regional power due to the country’s extensive natural gas and oil reserves, while its completion will also illustrate the growing presence of the country in the international community. Read more
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