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  • Cyprus tourist arrivals plunge but Russians keep coming
    British and German tourists stayed away from Cyprus in March but the number of Russian visitors rose as arrivals on the Mediterranean island plunged 16.3 percent from March 2013, official data showed Thursday. The 16.3 percent drop to 77,533 from 92,620 in March 2013 was the largest dip in tourist arrivals for 13 months, and followed an increase recorded in February. For the first three months ...
  • Bailed-out Cyprus to test bond market in June
    NICOSIA, Cyprus (AP) — Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence.
  • Why Cyprus Semiconductor (CY) Stock Is Rising Today
    NEW YORK (TheStreet) -- Cyprus Semiconductor shares are up 1.5% to $9.89 in trading after reporting first quarter earnings in line with analysts estimates.The company posted lower revenue --$170 million this quarter compared to $173 million over the same period in 2013 -- but increased EPS by 4 cents to 7 cents this quarter, matching analysts EPS estimates.The company attributed the higher ...
  • Partners in Israel's Leviathan field bid to sell gas to Cyprus
    The partners developing Israel's offshore Leviathan natural gas field are looking to sell gas through a pipeline to Cyprus, officials said on Thursday. The group has bid to supply Cyprus' state-run natural gas company, DEFA, between 0.7 to 0.95 billion cubic meters (bcm) of gas annually for up to 10 years, said Israeli conglomerate Delek Group, whose units Delek Drilling and Avner Oil hold key ...
  • Cyprus president sees market return end '15, wary on more Russia sanctions
    Cyprus expects to return to international markets late next year but cannot rule out testing the waters earlier to gauge the appetite for Cypriot debt, the president of the bailed-out Mediterranean nation said on Wednesday. In an exclusive interview with Reuters, Cypriot President Nicos Anastasiades said an "economic dependency" on Russia - common with other EU member states - could have an ...
  • Ground-breaking Good Friday mass signals thaw in Cyprus
    By Michele Kambas NICOSIA (Reuters) - For the first time in more than half a century, a church in northern Cyprus will host Good Friday mass in a sign of a thaw in relations between Greek and Turkish Cypriots. Off limits to Greek Cypriots for 58 years, the Church of St. George Exorinos in the medieval city of Famagusta will host a liturgy on what is one of the most important religious dates in ...
  • Cyprus on track with adjustment, risks include Ukraine - IMF
    Cyprus is making a comeback from near bankruptcy although its banks are still struggling with bad loans and political support may be waning for tough measures, an IMF report said on Tuesday. The IMF, which together with the European Union bailed the Mediterranean island out a year ago, also flagged risks to Cyprus from its close business ties with both Moscow and Kiev. "The Ukraine crisis may ...
  • Cyprus: An island on the mend
    Editor's note: John Defterios is CNN's Emerging Markets Editor and anchor of Global Exchange, CNN's business show focused on the emerging markets. Follow John on Twitter.
  • Bailed-out Cyprus to issue 6-year bond in June as first test in return to global debt markets
    NICOSIA, Cyprus - Bailed-out Cyprus says it will issue six-year government bonds every month starting in June as a first step to returning more permanently to international markets after a three-year absence....
  • Rights group to Cyprus: Keep moms with kids
    NICOSIA, Cyprus (AP) — Europe's top human rights official is urging Cyprus to stop holding women in detention centers and separating them from their children until their deportation.