Global stocks rise as risk favored

World stocks ticked higher on Tuesday as positive reports from UK banks kept the momentum with investors who chased risky assets in anticipation countries would keep monetary policy accommodative. Sterling fell broadly

Dow hits 2009 high

A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire

Google buys mobile ad firm for $750 million

Google Inc said on Monday that it was acquiring of AdMob, one of the largest mobile advertising networks, for $750 million, widening its bet that cell phone advertising could become the Internet's

Asia stocks, currencies rise on risk appetite

Asian stocks rose on Tuesday after U.S. equities hit a 13-month high, while central banks intervened to curb Asian currencies as funds flowed into riskier assets on expectations economic stimulus measures will

Cyprus GDP size revised up

The Statistical Service revised up its estimate for the size of the Cypriot economy on Monday, estimating gross domestic product (GDP) in 2008 at EUR 17,247.8 mln, compared with an initial estimate

Cyprus deflation–update for HICP

Deflation in Cyprus eased in October as consumer prices fell by only 0.8% compared with the same month of the previous year, having dropped by 1.2% year on year in September. Compared