The head of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that
Asian stocks recovered after last week's steep sell-off over the Dubai debt crisis as investors nerves steadied on hopes that the fallout of a potential default will be limited. Banking shares, which
Tourism revenue in Cyprus recorded its second largest fall this year in October, dropping by 21.3% over October 2008 to EUR 156.3 mln, compared with EUR 198.6 mln in the corresponding month
Based on an initial assessment of the exposures of rated banks in the United Arab Emirates to Dubai World and its subsidiary Nakheel, Moody's Investors Service said that it will not implement
The number of teenagers using the Internet is growing at a steady pace in Cyprus, according to an annual survey, with those over the age of 13 increasing to 42.9% of all
Noel Josephides, former chairman of the Association of Independent Tour Operators (AITO) and managing director of Cyprus-specialist Sunvil Holidays, has been appointed as non-executive chairman of Viking Airlines, the Swedish carrier that
The International Labour Organisation has picked the Cyprus Employers and Industrialists’ Federation (OEV) to undertake the mentoring of the employers organisation of Armenia. The ILO and the International Organisation of Employers (IOE)
The 26th Assembly of the International Maritime Organization (IMO) is taking place in London, at the IMO Headquarters, from 23 November to 4 December where there will be a voting process to
. Cyprus’ energy challenge arises from its expanding economy and rising standard of living, relying almost exclusively on imported fuels to satisfy its energy needs. Last year, according to our trade minister,
. BY GEORGE PAPANICOLAOU In the 2009 survey of the Transparency International Corruption Perceptions Index, Cyprus ranked 27th, an increase of four positions from last year survey and its score climbed from
