Dollar steady in tight ranges

The dollar remained steady confined to tight ranges on Tuesday as investors turned to U.S. economic data for clues on whether the currency has room to rise further. Traders also wary of

Turkish embargo on Cypriot ships illegal

Head of the International Shipping Chamber (ISC) and the International Shipping Federation (ISF) Spyros Polemis said here Monday that the embargo imposed by Turkey on ships flying the Cyprus flag is ”illegal

IMM short yen positions increase

The latest data from the International Monetary Market showed that net yen short positions jumped to a record 123,598 in the week ending Oct. 10 from 104,151 the previous week. Such a

Kuwait clamps down on software piracy

Kuwaiti authorities have said they are stepping up their anti-piracy campaign and reinforcing their cooperation with Business Software Alliance (BSA) to ensure the protection of Intellectual Property Rights (IPR) in the country