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Turkish protesters clash with police into early hours

Turkish protesters clashed with riot police into the early hours of Monday with some setting fire to offices of the ruling AK Party as the fiercest anti-government demonstrations in years entered their

3rd June 2013
Cyprus

Three storm chasers among 13 killed by Oklahoma tornadoes

Three storm chasers were among 13 people killed by tornadoes that rampaged through central Oklahoma on Friday, underscoring the high risk of tracking tornadoes and forcing the media to rethink how they

3rd June 2013
Cyprus

Amazon workers in Germany set for third one-day strike

Workers at internet retailer Amazon.com's German operations are set to hold a third one-day strike on Monday in a dispute over pay and benefits. Trade union Verdi has called on workers at

3rd June 2013
Cyprus

Sell emerging markets in May, and maybe June and July too

Sell in May? They certainly did in emerging markets. But unlike in the old adage, they are likely to sell in June and July too if investment returns in the once-hot sector

3rd June 2013
Business

Asian factories cool as export orders slide

Asia's factory sector lost momentum in May as new export orders in the trading bellwethers of China, Taiwan and South Korea fell or cooled, reinforcing the view that the world economic outlook

3rd June 2013
Business

Association of Cyprus Banks Director says capital controls should be lifted as soon as possible

Capital controls imposed on the Cyprus banking sector should be lifted as soon as possible, provided the sector is stabilized, Association of Cyprus Banks Director General Michael Kammas has said. "Capital controls

3rd June 2013
Cyprus

Oil rig due in Cyprus today for appraisal well, Noble Energy says

John Tomich, head of US Noble Energy, announced on Saturday that an oil rig will arrive later today on location to carry out an appraisal well in Cypriot block 12 gas field.

3rd June 2013
Cyprus

Cyprus transport sector down by 5.6% in January – March 2013

Cyprus' transport sector declined by 5.6% in the period of January – March 2013, figures released Friday by the Statistical Service show. According to the indices compiled by CyStat, Land Transport fell

3rd June 2013
Cyprus

Noble Laureate secures 2.2 million for research on European employment

Nobel prize Laureate and University of Cyprus European Union Studies professor, Christophoros Pissarides, has secured a €2.2 million grant for a research project concerning employment in Europe, from the European Research Council`

3rd June 2013
Business

Confidence in the Cyprus banking sector a must, EIB President

President of the European Investment Bank (EIB) Werner Hoyer has stressed the need to reestablish trust and confidence in the Cyprus banking sector, to help the economy return to growth and development,

3rd June 2013
Business
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Latest News

  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”
  • Soft US CPI data supports sterling, weak dollar
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Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

Burnham should keep Miliband “out of the Treasury”

Markets will breathe a sigh of relief if incoming UK

Soft US CPI data supports sterling, weak dollar

The British pound is up 0.1% at around 1.3403 against

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