Cyprus Social Fund stays away from CSE

The Cyprus State-owned and managed Social Insurance Fund, which probably has the lowest return on investment of less than 4% is free to make its own investment decisions, including its insistence to

Greenspan qualifies housing market as bubble

Former Fed chairman Alan Greenspan warned that the credit cycle has turned, qualifying the US housing market as bubble. In addition, by suggesting that the relationship between growth and inflation has changed

Sterling slumps despite Qatar news

Sterling broke lower through the 2.000 level despite news that  Qatar’s investment arm is close to acquiring a nearly 30% stake in the London Stock Exchange from the Nasdaq Stock Market Inc.,