Cyprus retail sales bottom out in July

Financial Mirror analyisis shows that the decline in retail sales appears to have bottomed out in July, as the volume index fell according to provisional figures by 2.6% over July 2008, having

Outlook for Saudi banks remains stable

The fundamental credit outlook for the Saudi banking system is stable, reflecting the sector's resilience and its ability so far to absorb the adverse effects of the global financial crisis and deteriorating

Five risks to watch in China

China marks 60 years of Communist rule on Thursday, with the country enjoying unprecedented global economic and geopolitical influence but still facing several challenges. Following is a summary of key risks and

Merkel wins German vote

German Chancellor Angela Merkel faces tough negotiations to bridge policy differences with the business-friendly Free Democrats (FDP) after an election which gave her a new term as head of a centre-right government.