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CBC «Investment Funds Statistics» Publication

July 21st, 2014 (0)
The Central Bank of Cyprus (CBC) releases today for the first time the quarterly publication “Investment Funds Statistics”, which provides statistical aggregated data concerning Investment Funds (IFs). The data is compiled by the Statistics Department of the CBC, based ...

European Stocks Decline as Investors Weigh Earnings

July 21st, 2014 (0)
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...

A Fox-Time Warner deal would give Murdoch new heft in China

July 21st, 2014 (0)
Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack. Time Warner’s board rejected Murdoch’s $80 billion offer, but ...

GE net profit rises

July 18th, 2014 (0)
General Electric Co (GE.N) posted a 13 percent rise in quarterly net income on Friday, helped by increases in sales of its jet engines and oil and gas equipment. The U.S. conglomerate said it was targeting the initial public ...

Bull market sends 401(k)s soaring to record highs

July 18th, 2014 (0)
The bull market has sent 401(k) retirement plan balances soaring to record highs, according to an analysis by Fidelity Investments released today. Fidelity analyzed its accounts for 13 million workers with 401(k) plans as well as its IRA balances ...

Google earnings miss; revenue jumps at Play

July 18th, 2014 (0)
Google, still the king of online advertising, reported surging second-quarter revenue, but heavy spending pushed its earnings below Wall Street expectations. ​”This is a quarter that has something for everyone: the bulls and the bears,” BGC Partners analyst Colin ...

Asian shares fall as Malaysia jet downing hits sentiment

July 18th, 2014 (0)
Asian shares sagged and a drop in Treasury yields pressured the dollar on Friday after news of a downed Malaysian airlines jet at the Ukraine-Russia border sent investors scurrying into defensive assets. The United States believes a surface-to-air missile ...

AbbVie-Shire Deal Is Expected, in a Flight to a Lower-Tax Locale

July 18th, 2014 (0)
The biggest deal of the year is set to be announced on Friday morning, as the pharmaceutical giant AbbVie plans to announce a $53 billion acquisition of Shire, according to people briefed on the matter. The deal will allow ...

New sanctions cause Russian shares and rouble to tumble

July 17th, 2014 (0)
The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The rouble-traded MICEX stock market dropped 2.5 percent ...

ECB will reveal unprecedented amount of data after bank stress tests

July 17th, 2014 (0)
The European Central Bank (ECB) on Thursday laid out plans to publish a trove of data on individual banks – ranging from measures of their leverage to a standard level of non-performing loans – on individual banks when it ...
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