The CSE general index fell 0.4% to 73.96 points on Friday slightly higher than the low of January 30, 2004, amid the first meeting of the new Finance Minister with the CSE Council. The trading...
The Automatic Wage Indexing recorded an increase of 1% to 242.10 points (from 241.11 points) on July 1, the official Finance Ministry circular reported on Friday. The arithmetic mean of the Consumer...
The major issue in today’s press is the triumph of Greece at Euro 2004 and the goal of Trianos Dellas that sent his Team to the finals. The financial press, on the other hand, deals with the...
International Credit Rating Agency, Fitch, gave on Friday a long-term foreign currency 'A+' rating with a Positive Outlook to Cyprus’ upcoming EUR500 million 10-year bond issue. Cyprus evaluation...
U.S. stock markets were little changed at the open Thursday, with investors in limbo following Wednesday's boost in interest rates and ahead of Friday's monthly payrolls report. After 10 minutes of...
Cyprus and Libya signed an agreement on Wednesday for the promotion and protection of investments, which will strengthen the bilateral relations between the two countries. As the CNA reports, the...
The future of the 230 ‘duty free’ employees at the Cyprus airports is uncertain in view of the Strategic investor’s intention to undertake the management of the airports soon. Concerns have become...
The government intends to submit two bills to Parliament next week, one putting a cap on the amount of compound interest rates banks can charge on defaulting loan-takers and the other allowing...
The Federal Reserve raised U.S. interest rates for the first time in four years on Wednesday, boosting them a quarter percentage point in what likely is the first of several rises to keep inflation...
Manufacturing in the UK expanded in June but the rate of growth slowed on the previous month, according to a survey released today. The Chartered Institute of Purchasing and Supply (CIPS)...