Asian stock markets rebounded from a five-year low on Friday as a variety of rumours such as China cutting interest rates later in the day prompted investors to cover short positions before
The Swiss National Bank made a surprise full percentage point cut in interest rates on Thursday, trying to stave off a recession as the global outlook worsens fast, and other central banks
EU states raised doubts about the European Commission's planned 130 billion euro ($163 billion) growth package on Thursday, with Berlin criticising its tax cut proposals and Prague rejecting the idea of bloc-wide
Europeana, Europe’s multimedia online library opened its virtual doors to the public. At www.europeana.eu, Internet users around the world can now access more than two million books, maps, recordings, photographs, archival documents,
The launch of the FTSE/ASE-CSE Banking Index is expected to help the development of capital markets in Cyprus since it will now be possible to develop products based on the popular make-up
Cyprus based companies may list on Russian stock exchanges according to a deal signed between VTB Group and the Cyprus Stock Exchange during the meeting between President Dmitry Medvedev and Cypriot President
Cyprus President Demetris Christofias was declared a distinguished honoured doctorate holder by the University of International Relations of the Ministry of Foreign Affairs of the Russian Federation, during a ceremony at the
Road accidents in Cyprus are down by 8-10% this year, compared to 2007, even though the aim is to achieve a 20% decrease, Chief of Police Iacovos Papacostas said. In an interview
Gross rental yields on residential property in Dubai have dropped to an average of 5.52%, significantly down from an average of 7.5% a year ago, according to the latest Global Property Guide
Moody's Investors Service has lowered the outlook on the B2 long-term foreign and local currency deposit ratings of Azerbaijan’s Respublika bank to ‘stable’ from ‘positive’ and the same ratings of Unibank to
