Groups of youths attacked shops and damaged a police car in north London on Sunday as police sent in reinforcements to prevent more rioting on the scale that laid waste to another
The largest auction to date of Bruce Lee memorabilia in the birthplace of the kung fu legend shot past estimates to rake in $220,000, with a fur-lined costume jacket made for an
Fear gripped Asian markets on Monday as the fallout from the historic downgrade of the U.S. debt rating drowned out pledges of assistance from Europe's central bank and soothing words from the
Hong Kong and China shares retreated for a second-straight session on Monday, pressured by an acceleration of derisking from equity investments following Standard & Poor's downgrade of the long-term credit rating of
Lower interest on euro zone loans to Greece and private bondholder involvement in the country's restructuring will cut its debt by 22% of GDP by 2020, Economic and Monetary Affairs Commissioner Olli
* Deficit likely to hit 9% of GDP in 2011 Last week, I ran an article on the banks and the budget in which I essentially argued that we were not yet
BOCY tells gov’t to act now! In an unprecedented move, but not unjustified, the island’s biggest lender, Bank of Cyprus, felt it necessary to issue an announcement this week warning the government
Overseas banks have just over $50 bln of loans outstanding to Cyprus, which may need an international bailout, its biggest bank warned on Monday. Bank of Cyprus said a rescue of Cyprus
Economic sentiment dropped in July, a publicly funded survey showed, without however factoring in the effect of a massive munitions blast which triggered an energy crisis this month, disrupting business. The economic
The Insurance Association of Cyprus said that to date its members have received a total of 388 insurance claims worth EUR 5.15 mln from the disaster at Vassilikos power station and the
