South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled to prevent stricken markets from sucking economies
Barack Obama leads John McCain in five of eight crucial battleground states one week before the U.S. presidential election, with McCain ahead in two states and Florida dead even, according to a
The Group of Seven rich nations tried to cool a rally in the yen with a warning against volatility on Monday as Tokyo scrambled to shield its largest banks from a spiralling
Crisis-hit Iceland agreed to begin formal negotiations with the International Monetary Fund (IMF) to request $2 billion in aid, Prime Minister Geir Haarde said on Friday. Iceland's financial system has all but
Cyprus shares ended 7% lower on Friday, joining their peers around the world in diving to record new lows as the plunge in share prices showed no signs of easing. The CSE
The Central Bank of Cyprus announces the issue of a silver collector coin in proof condition, with a nominal value of EUR5 and year of issue 2008. The issue is to commemorate
The Founding General Assembly Meeting of the Cyprus-Czech Republic Business Association took place in Nicosia, with the participation of entrepreneurs. The Cyprus Chamber of Commerce and Industry said the establishment of the
Even as markets tumbled around them, Asian and European leaders expressed confidence on Friday that they could overcome the deepest global financial crisis in more than 70 years. Opening a two-day Asia-Europe
Russia's stock market lost over a tenth of its value on Friday, hitting its lowest levels since late 2004 as a further oil price fall cast fresh doubts over Russia's ability to
An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) as a first step towards halting a deep oil price slide. International benchmark
