User articles »

  • Constantinos Philippides

    The economic adjustment program, although hard and painful, is the only choice for the country’s exit from the crisis, says Central Bank of Cyprus (CBC). At the biannual Economic Bulletin of December 2013 , cautioning , however , that while “there is no room for complacency and we should remain focused on those policies that

  • Constantinos Philippides

    The Dow Jones noted positive change by 0.82%, with the index Standard & Poor’s 500 rising by 0.63% and the Nasdaq rising by 0.71%. In Europe, especially London, the FTSE 100 rose by 1.28%, in Paris the CAC 40 rose by 1.48% and in Frankfurt the DAX closed 1.74% rise. In Greece, negatively moved the

  • David Becker

    Akamai Technologies, Inc. (NASDAQ:AKAM) provides content delivery and cloud infrastructure services for accelerating and improving the delivery of content and applications over the Internet in the United States and internationally. Prices moved lower at the beginning of the third quarter after Verizon’s recent decision to buy out Edgecast which could potentially shake up the content

  • Sergiy Zlyvko
    Currency » 16 December Forex daily review
    Sergiy Zlyvko - December 17, 2013, 10:25 GMT

    The single currency has failed to pass the zone of sales at 1.3795. Strong November data on industrial production in the U.S. and the statements of the ECB head Mario Draghi contributed to a decrease of EURUSD to 1.3740. GBPUSD closed in the positive area at about 1.6300. DXY index decreased to 79.90 and it

  • David Becker

    Strong crude oil production has pushed oil prices lower despite recent draws in crude oil stocks. The turning point in maintenance season has come quickly and refiners have started to draw on crude oil as the build stocks in gasoline and distillates. The last two weeks have seen substantial draws in crude oil, but this

  • Sergiy Zlyvko
    Currency » Next week’s Forex forecast
    Sergiy Zlyvko - December 15, 2013, 18:11 GMT

    The coming week promises to be very interesting for all the outgoing 2013 year: Fed Chairman Bernanke will probably make its last meeting as chairman and may complete his seven-year term beginning of the end of incentives. Sure, even the likelihood of such an outcome makes the pressure on the dynamics of stock markets already

  • Constantinos Philippides
    Business » Cyprus Corporate Tax Rate
    Constantinos Philippides - December 13, 2013, 23:40 GMT

    Cyprus tax system has always been competitive, by entering the EU have helped the Island become a leading center of International Business. Cyprus low tax allowed it to be a strong competitor with the rest of the EU countries. Since January 2005 Cyprus Corporate Tax Rate stands at 10.0% of the companies net income. Corporate

  • Constantinos Philippides
    Business » Russia Interest Rate
    Constantinos Philippides - December 13, 2013, 23:24 GMT

    Russia’s Central Bank has decided on 13th of December 2013 to keep it’s key interest rate on hold at 5.5% as growth remains, low and inflation expectations are pressured by food price increase. Statement by Board of Directors: “In November and in early December, annual CPI inflation increased and as of 9th of December 2013

  • David Becker

    Moving into the Fed’s meeting next week there are still a number of beaten down stocks in the real-estate sectors that could generate significant returns for investors. Digital Realty Trust Inc. is a real estate investment trust that engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The stock price was

  • Sergiy Zlyvko
    Currency » 12 December Forex daily review
    Sergiy Zlyvko - December 13, 2013, 10:03 GMT

    At the trading on Thursday, the U.S. dollar closed up against their competitors. The dollar index DXY rose from a low of 79.80 to 80.25. US dollar strengthened its position to the Australian dollar mostly. Growth amounted to 1.70% or 150 points against AUDUSD. The Australian dollar has fallen across the market after the head