Bank stress tests should be repeated if the U.S. unemployment rate rises beyond levels assumed by regulators in a recent round of examinations that provided relief to markets, according to a report
Asian shares fell on Tuesday for a second consecutive session as investors worried that a recent rally may be overdone, though oil prices extended gains ahead of data this week expected to
The medium-term credit outlook for the Azerbaijan banking system is negative, reflecting recent developments in the Azerbaijani banking sector, Moody's Investors Service said in a new Banking System Outlook. The outlook takes
Moody's Investors Service placed the ratings of two Georgian banks, Bank of Georgia and TBC Bank, on review for possible downgrade on Monday. The rating action reflects a review of the stresses
Two members of the European parliament from Cyprus retained their seats, as two women were elected MEPs for the first time and the socialists finally got a seat. The opposition Democratic Rally
— Exit polls at 8pm, Christofias-Clerides-Vassiliou to vote early — Just over 526,000 people are registered to vote in the European Parliament elections in Cyprus on Saturday that will cost the taxpayer
. The absence of a clear-cut national policy on tourism has proven once again that the Minister of Trade and Tourism, as well as the state tourism board, are powerless and cannot
. BY FIONA MULLEN The Cyprus economy has been undergoing a silent transformation over the past few years as the relative importance of the tourism sector declines and the relative importance of
. BY APOSTOLOS CHARALAMBOUS The psychology of the public as regards buying property has grown more positive during the last few weeks. Today, people are beginning to seek out property, specifically in
BRA… BRA…. BRA…. As a less than worldly-wise lad in my early teenage years, a more sophisticated school friend enlightened me as to the differences in meaning between “Brassiere” and “Brazier”. We
