Fuel sales begin road to recovery
Fuel sales began to recover in May when coronavirus lockdown restrictions started lifting, showing a 57.9 per cent spike over the previous month. Total sales...
stocks
Wirecard scrambles to find missing $2.1 billion as loan crunch looms
Wirecard‘s auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German...
EU to provide €35m for Cyprus oil stocks
The European Investment Bank is to give €35 million to the Cyprus Organisation for Storage and Management of Oil Stocks (COSMOS) to build a 210,000...
Sterling hits 2016 high on bets Britain will stay in EU (Updated)
By Anirban Nag Sterling hit a 2016 high and the euro surged against the dollar and yen on Thursday after a series of late opinion...
China’s chief stock regulator has offered to resign – sources
By Benjamin Kang Lim and Kevin Yao Xiao Gang, the embattled head of China’s securities regulator, has offered to resign, sources said, after perceived mismanagement...
Chinese stocks breach Dec 2014 closing low, offshore yuan weakens (Update 2)
By Nathaniel Taplin and Samuel Shen Chinese shares tumbled again on Friday, with the Shanghai index closing lower than at any time since December 2014,...
China holds line on yuan, stocks remain fragile
By Samuel Shen and Nathaniel Taplin China’s central bank held the line on its yuan for a fourth straight session on Wednesday while putting the...
China stocks rise as firmer offshore yuan eases depreciation, outflow fears
China stocks rose on Tuesday as financial stocks bounced and the offshore yuan strengthened on suspected state bank intervention, in what could be the latest...
China stocks rebound after circuit breaker halted; Hong Kong also up
China stocks swung wildly on Friday before ending the morning session up more than 2 percent, after regulators suspended a newly-minted circuit breaker mechanism to...
Stocks, oil bashed by China worries, N.Korea nuclear test
By Marc Jones World stocks fell for a fifth day on Wednesday as China fuelled fears about its economy by allowing the yuan to weaken...
Love it or hate it ‘Bitcoin here to stay’
By Elias Hazou “BITCOIN isn’t going away,” confidently declares Danny Brewster, seated in a swivel chair in his Nicosia office. Well, he would say that...
