Japan's government is looking at expanding stock buying and taking other steps to support the share market, Finance Minister Kaoru Yosano said on Tuesday, amid growing fears for the economy as sliding
European stocks slid in early trade on Tuesday, echoing sharp losses on Wall Street and in Asia as lingering fears over the stability of the financial sector rattled investors. AXA, Europe's second
Oil fell towards $38 on Tuesday as global markets tumbled, dragged down by Monday's fall in U.S. stocks to a 12-year low. Economic worries grew after Wall Street sank on Monday as
Europe and Asia joined Wall Street's sell-off on Tuesday, sending world stocks to their lowest since April 2003, while oil fell and government bonds rose as fresh concerns grew about the financial
Business confidence fell sharply in February 2009 on the back of a decline in the construction sector, according to a survey conducted by the Economics Research Centre of the University of Cyprus,
The Cyprus Tourism Organization (CTO) expects that the decline in tourism arrivals in 2009 will exceed 10%, which would represent a decline of EUR 250 mln in foreign exchange earnings from tourism.
The NK Shacolas (Holdings) as well as the Cyprus Trading Corporation Plc (CTC) and Woolworth (Cyprus) Properties Plc (FWW) announced that within the framework of the Groups’ reorganization, they have agreed to
Cyprus Airways Public Ltd (CAIR) announced that it has signed a Letter of Intent with an Irish company for the leasing of two A320 aircrafts for a six-month period with an option
Asian shares fell on Tuesday, with Japan's Nikkei flirting with a 26-year low, as concerns grew about the global financial system, while emerging currencies such as the South Korean won extended their
The United States vowed to prop up ailing banks if needed, with the government set to take a bigger stake in Citigroup and inject yet more cash into insurer AIG, even as
