economy

oil

Oil price briefly falls below $30 a barrel

14/01/2016(0)
Oil prices have briefly fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again. Brent crude, used as an international benchmark, ... Read More
commonwealth-bank

China’s downturn could affect law firms

13/01/2016(0)
The slowing Chinese economy will have a big impact on the Australian economy that could flow on to law firms, according to industry experts. Commonwealth Bank associate director economics Diana ... Read More
taxes

Cyprus:‘Lagarde List’ accounts face €35mln in taxes

13/01/2016(0)
Some €35mln in taxes have been imposed on undeclared deposits in 85 Swiss bank accounts included in the so-called Lagarde List, Finance Minister Harris Georgiades said on Tuesday. Speaking ... Read More
Greece's Finance Minister Yannis Stournaras

Stournaras: Bank of Greece had built defense against plans for parallel currency

13/01/2016(0)
The Bank of Greece had taken measures to prevent clandestine plans to introduce a parallel currency to the euro last summer if negotiations with creditors failed, Governor Yannis Stournaras ... Read More
oil-well

When OPEC cuts output, oil prices will begin to climb

13/01/2016(0)
While the consensus view is the the oil price will go even lower yet, once production is reduced it will start rising again. There’s a very good reason why the ... Read More
HSBC building

Cypriot police quiz HSBC officials

12/01/2016(0)
A police official says state prosecutors seeking to bring controversial banker Andreas Vgenopoulos to Cyprus to answer criminal charges are now chewing over their next move after questioning several ... Read More
Chinese yaun

China Stock Selloff Abates on State Efforts to Stabilize Yuan

12/01/2016(0)
Offshore yuan climbs to one-week high amid intervention Shanghai Composite’s RSI signals oversold conditions China’s stocks rose in volatile trading after the benchmark index briefly fell below the 3,000 ... Read More
european markets

European markets: FTSE and European stocks shrug off worries over China slowdown

11/01/2016(0)
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level ... Read More
Central-bank-of-Egypt

Egyptian central bank outlines plan to help small firms

11/01/2016(0)
Egypt’s central bank on Sunday issued guidelines on how it will incentivise banks to participate in a “comprehensive programme” to help finance small- and medium-sized enterprises in the latest ... Read More
petrolprice

Global oil prices hit 11-year low on China market turmoil, storage overhang

07/01/2016(0)
Brent crude futures fell to a fresh 11-year low on Thursday as a sliding yuan and an emergency halt in China’s stock trading left Asian markets in a turmoil, ... Read More
Broker Cyprus TopFX