The euro strengthened on Monday, though its gains appeared short-lived as major European powers continue to haggle over a fresh rescue package for Greece, while Asian stocks extended a seven-week losing streak
Cyprus plans to tap international markets under its Euro Medium Term Note (EMTN) programme by November of this year, the finance ministry said. The Republic also planned to continue issuing bonds on
Syrian helicopter gunships fired machineguns to disperse pro-democracy protests, witnesses said, in the first reported use of air power to quell unrest in Syria's increasingly bloody three-month-old uprising. The use of the
Kuwait has arrested a Kuwaiti Shi'ite Muslim man for publishing criticism of the ruling families in Bahrain and Saudi Arabia on social media site Twitter, a security source said on Saturday. Nasser
French banks have agreed in principle to a rollover of Greek debt on condition that all creditors do the same, Britain's Financial Times reported on its website on Friday. The FT, citing
European paymaster Germany stuck to its guns on Friday in demanding that private investors contribute to a second bailout for Greece despite a European Central Bank warning against triggering market turmoil. Finance
The Greek government defended its new austerity package from attacks in parliament on Friday, saying it was the only way to stave off bankruptcy, and made a new call for opposition parties
Cyprus's Central Bank cut its growth forecast for the island's economy to 1.4% in 2011 on Friday from a previous 1.8%, saying flat growth in the first quarter was weaker than expected.
To the likely delight of nagging parents, a new study shows that people who eat more fruit and veggies tend to live longer. Plants from the mustard family — including broccoli, cabbage,
– 10-year bond yield rises sharply to 7 pct area – Cyprus fairly well placed to absorb Greek impact on banks – But markets also worry about delays to fiscal reforms – Can
