By the end of July the resolution procedure at the Bank of Cyprus is expected to end, the House of Representatives’ Finance Committee heard Monday. Speaking before the House Committee, Assistant Director
The Central Bank of Cyprus appointed Christos Sorotos as the interim Chief Executive Officer of Bank of Cyprus, which is currently undergoing a resolution process, following a decision of Eurogroup to impose
The Council of Ministers has appointed three members of the Central Bank’s Board of Directors. According to an official announcement, issued here Tuesday, the Cabinet appointed on May 24 Alexander Michaelides, Michael
Japanese stocks strengthened as Asian shares edged higher on Tuesday, although investors were still awaiting direction from U.S. and U.K. markets when they resume trade after holidays on Monday, following last week's
Firefighters in eastern China have rescued an abandoned newborn baby boy lodged in a sewage pipe directly beneath a toilet commode, state television reported, in a case which has sparked anger on
Fire aboard a Royal Caribbean cruise ship forced it to dock at Freeport, Bahamas, on Monday, with all passengers and crew safe but the rest of the trip canceled, the cruise company
Texas lawmakers sent Governor Rick Perry more than $1 billion in proposed business tax cuts shortly before the end of the biennial legislative session on Monday and the governor called a special
Britain and France are free to supply weapons to Syrian rebels fighting President Bashar al-Assad from August, after attempts to renew an EU arms embargo on Syria failed on Monday. After a
World number one Tiger Woods is to compete in the inaugural Turkish Open in Antalya in November, the European Tour said on Tuesday. The $7 million event at the Montgomerie Maxx Royal
Hong Kong shares rose on Tuesday with heavyweight China Taiping Insurance surging nearly 12% after it announced a $13.3 bln restructuring plan while its rivals slipped on a downgrade. The Hang Seng
