Taipei - Taiwan on Monday allowed its banks to trade in renminbi, the Chinese currency, to prepare for the arrival of Chinese tourists and to assist cross-strait trade.
Nicosia, June 28: The Bank of Cyprus (BOC) - Eastern Mediterranean island of Cyprus biggest bank – has said it has clinched a deal to buy 80 per cent in Russia’s Uniastrum Bank for 576 million dollars as part of its strategy to expand abroad.
Andreas Eliades, Chief Executive Officer of the Bank of Cyprus, said that Uniastrum Bank, being the 9th largest banking network in Russia, would significantly strengthen BOC’s presence in targeted markets.
Amman - Arab bourses were swept by deep profit-taking moves this week as investors awaited the release of semi-annual results before determining their future portfolios, financial analysts said Fr
Vienna - The price for crude oil produced by the Organization of the Petroleum Expo
June 28: The Bank of Cyprus (BOC) - Eastern Mediterranean island of Cyprus biggest bank – has said it has clinched a deal to buy 80 per cent in Russia’s Uniastrum Bank for 576 million dollars as part of its strategy to expand abroad. 
New York, London - Record oil prices sent bourses worldwide into a tailspin on Friday, wi
Berlin - A severe hailstorm over the weekend damaged up to 30,000 brand new Volkswagen 
