Cyprus successfully concluded its 10-year euro bond issue, raising EUR 1 bln at a coupon rate of 4.625% for 10-years, or at a 125 basis points spread over comparable German bunds. The
Asian equities rose on Thursday, snapping a nine-day decline, led by upbeat earnings expectations and a relief rally in U.S. stock futures after U.S. President Obama appeared to moderate his tone on
Japan's Nikkei average rose 1.6 percent to snap a four-day losing streak on Thursday, with upbeat reports on profits at Honda Motor and Sony Corp adding to momentum from strong earnings at
Nintendo Co Ltd posted a 23 percent fall in quarterly profit as software sales for its DS handheld game player slowed and it cut the price of its Wii console, and the
Apple Inc CEO Steve Jobs took the wraps off a sleek tablet that it called the iPad, pitching the new gadget at a surprisingly low price to bridge the gap between smartphones
U.S. bank Citigroup Inc (C.N) is in advanced talks to sell its real estate investment business and has prepared a shortlist of final bidders, Bloomberg reported, citing two people familiar with the
Toyota Motor Corp could face an unprecedented recall of 8 million cars over problems with sticking accelerators in the biggest ever blow to the reputation of the world's largest auto maker. The
The construction of the new Limassol marina, a project that is expected to enhance and enrich the tourist product in Cyprus, started officially on Wednesday and is expected be ready to accept
UN Secretary General Ban Ki Moon has decided to visit Cyprus from January 31 to February 2 for discussions with the leaders of the two communities and his Special Adviser Alexander Downer,
Federal Reserve chief Ben Bernanke's nomination for a second term running the world's most powerful central bank faces a decisive day in the Senate on Thursday when his confirmation vote looks set
