Six major central banks said on Thursday they would make their web of currency swap arrangements permanent as a "prudent liquidity backstop" in case of future global financial strains. The Bank of
Syria has destroyed all of its declared chemical weapons production and mixing facilities, meeting a major deadline in an ambitious disarmament programme, the international chemical weapons watchdog said in a document seen
For the first time, scientists have found a planet beyond the solar system that not only is the same size as Earth, but has the same proportions of iron and rock, a
A Troika mission (EC, ECB, IMF) continues on Thursday its second review of Cyprus’ implementation of a Memorandum of Agreement, the basis of an international bail-out, with discussions focusing on energy matters,
A newly discovered species of humpback dolphin has been seen swimming off the northern Australia coast, an international team of scientists reported this week. All humpback dolphins have a characteristic hump just
Facebook Inc posted strong growth in its mobile advertising business on Wednesday but rattled investors after saying that it did not plan to boost the frequency of ads shown to users. Shares
The European Central Bank will provide more liquidity by the time cheap long-term loans it made in late 2011 and early 2012 expire, governing council member Ewald Nowotny told CNBC. "What is
Asian markets suffered a glancing blow on Thursday after the U.S. Federal Reserve's latest policy outlook was deemed less dovish than some had wagered on, lifting both bond yields and the dollar.
Reopening the ghost town of Varosha, whenever that occurs, presents a unique opportunity to learn from the mistakes of the past and rebuild for a better future. Yet it comes with significant
Cyprus needs a new national banking strategy and stronger foundations to ensure further financial stability, an independent commission told the island’s president, just seven months after the sector reached the point of
