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ECB to keep monetary policy loose for as long as needed

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. With the euro zone economy

17th May 2013
Business

Turkey’s Erdogan says sees opportunity for Cyprus deal

Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and

17th May 2013
Cyprus

New Bank CEO to be appointed soon, Bank of Cyprus Chairman says

The new CEO of Bank of Cyprus will be appointed soon, Sofocles Michaelides, Bank of Cyprus’ Chairman of the interim Board of Directors has said. Following a €10 billion bailout agreement with

17th May 2013
Cyprus

Penitent Romanian hacker aims to protect world’s ATMs

Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented which, he says, could make the world's ATMs impregnable even to tech-savvy criminals like himself. Boanta, 33, is

17th May 2013
Business

Man jailed for 8 years for killing British soldier in Cyprus

A teenager from London was jailed for eight years in Cyprus on Friday for fatally stabbing an off-duty British soldier at a holiday resort on the island last year. Fusilier David Lee

17th May 2013
Cyprus

Developing countries to get bigger share of investments – World Bank

The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets,

17th May 2013
Business

A stretched Samsung chases rival Apple’s suppliers

Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts

17th May 2013
Business

Dollar near 10-mth peak on Fed remarks, Asian shares mixed

The dollar held firm near a 10-month high versus a basket of currencies on Friday after a regional Federal Reserve chief said the U.S. central bank may begin to taper its asset

17th May 2013
Business

2013 Cyprus International Trade Fair moved to October

The Cyprus State Fairs Authority has announced that the 38th Cyprus International Trade Fair 2013, which was initially scheduled to be held from the 24th of May until the 2nd of June

17th May 2013
Cyprus

CBC announces Bank of Cyprus preliminary consolidated balance sheet

Cyprus Central Bank (CBC) announced on Thursday the preliminary consolidated balance sheet of Bank of Cyprus which under a €10 billion bailout agreement with the ESM/IMF has absorbed the good part of

17th May 2013
Cyprus
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Latest News

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  • Trump’s crypto portfolio crashes 78% in H1
  • WTI trades within 1-week range, above $64
  • ECB forum comments to drive markets

Latest Comment

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The EU’s action plan for affordable energy

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Popular

WTI drops to $66 over weak US oil demand

West Texas Intermediate (WTI) halted its three-day winning streak, trading

Gold wobbles around $3,340 ahead of NFP jobs

Gold trades in a tight range around $3,340 on Wednesday,

Trump’s crypto portfolio crashes 78% in H1

Finbold has just released its H1 2025 Cryptocurrency Market Report,

WTI trades within 1-week range, above $64

West Texas Intermediate remains confined in a familiar range held

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