Bank of Cyprus (BOCY) is on track to meet its full year guidance of EUR 540 mln in net profit for 2008, is what the bank’s management is expected to say when
The total assets of CSE-listed Investment companies fell to EUR 587.41 mln by the end of June, down 22% or EUR 165.8 mln since the start of the year in one of
Break of 1.5750 to trigger stop selling A break now below 1.5750 on EURUSD is seen accelerating the downmove for the euro as many stops are reported to be lined up below
Calm after the storm..Not yet! Charis Charilaou Chief Dealer The sharp 13 % fall in oil prices and the dramatic change in sentiment on Wall Street resulted in the US dollar recovering
The dollar rallied on Tuesday, boosted by a steep drop in oil prices and comments from a Federal Reserve official suggesting that U.S. interest rates may have to rise even before financial
FRANKFURT, July 23 (Reuters) – Futures on leading European stock market indexes rose on Wednesday, tracking advances in equity markets in the United States and Asia on the back of lower oil
Oil prices on Wednesday slid $20 below an all-time high hit two weeks ago, helping to lift Asian stocks and weigh on government bonds as investors cautiously reached for higher returns as
Yahoo Inc on Wednesday posted a nearly 19% fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft
Washington Mutual Inc, the largest U.S. savings and loan, posted a $3.33 bln second-quarter loss on Wednesday as souring mortgages forced it to set aside more money for loan losses. The thrift's
A Bush administration plan to bolster Fannie Mae and Freddie Mac could cost U.S. taxpayers $25 bln, congressional analysts said on Wednesday in a report that triggered debate as Congress moved toward
