China's exports tumbled in February as the world's third-largest economy felt the full force of the global financial crisis, but capital spending accelerated with the help of the government's massive stimulus package.
The world's advanced economies are moving too slowly in ridding banks of problem assets, which could jeopardize a global economic recovery in 2010, the head of the International Monetary Fund said on
Asia stocks rallied on Wednesday on hopes Citigroup will deliver a first quarter profit, relieving fears U.S. banks are spiralling toward nationalisation and emboldening investors to sell U.S. dollars. Citi, whose share
The leaders of the two communities in Cyprus will hold a new meeting in the context of the UN-led direct negotiations, starting today a discussion on European issues. UN Secretary General’s Special
Cyprus Central Bank Governor and ECB member Athanasios Orphanides said on Tuesday that the consequences of the global financial crisis in Cyprus are ''relatively limited'', noting however that significant deterioration in domestic
The number of students studying at the University of Cyprus (UCY) reached 6.000 in 2009, compared to 5.600 the previous year and 5.100 in 2007. This was stated before the House of
A consumer behaviour study by Ericsson and CNN has revealed that the international business elite are increasingly accessing the internet while on the move. The growing need for flexible viewing options to
Oil rose above $47 a barrel on Tuesday on expectations that OPEC may lower output further at a meeting on Sunday and as analysts forecast a drop in U.S. crude inventories. The
A panel of European Union lawmakers voted in favour of capping the wholesale cost of using a laptop to surf the Internet while travelling outside a home state. EU regulators and the
Romania asked the EU's executive for aid on Tuesday to save it from a possible financing crisis, making it the latest member of the bloc to cry for outside help against the
