Ireland extends bank guarantee scheme

Ireland said it was extending its banks guarantee scheme to some foreign-owned banks operating in the country, raising the amount of liabilities covered by 10 percent to 440 billion euros. Finance Minister

Barroso chides govts over financial crisis

Big member states have long blocked closer regulatory integration that might have prepared the European Union better for the current financial crisis, the head of the EU's executive arm said on Thursday.

Bank of Cyprus 9M results on November 6

The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday 6 November 2008 to examine the Bank of Cyprus Group financial results for the nine months ended

Interfund sustains massive losses

Interfund Investments Pcl (INF.CY) reported a massive deterioration in its performance as at end of September 2008, with the company’s total assets shrinking by a massive EUR 55.14 mln to EUR 45.9

Coordinated rate cuts nudge up Asia stocks

Asian stocks clung to small gains while the yen slipped on Thursday after central banks from China to Europe and the United States cut interest rates to support the global economy, though