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By Henry Meyer and Ilya Arkhipov, Bloomberg |
March 21, 2013
Russia rebuffed Cyprus’s request for a bailout loan as the euro-area nation sought to salvage talks in Moscow by wooing investment in its energy reserves.
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By Georgios Georgiou and Stefan Riecher, Bloomberg |
March 21, 2013
The European Central Bank said it may cut Cypriot banks off from emergency funds after March 25 as the island nation’s president, Nicos Anastasiades, pursued options at home and in Russia to stave off financial collapse.
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By Jim Brunsden, Bloomberg |
March 21, 2013
Fund managers are facing a push by European Parliament lawmakers to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By Svenja O’Donnell, Bloomberg |
March 20, 2013
Chancellor of the Exchequer George Osborne said the forecast for U.K. economic growth this year was cut by half as he lowered corporation tax and set out an updated central-bank remit to aid Britain’s recovery.
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By Susanne Walker and Neal Armstrong, Bloomberg |
March 20, 2013
Treasuries fell for the first time in four days before the Federal Reserve ends a policy meeting amid speculation the central bank will maintain its bond-buying program, underpinning demand for higher-yielding assets.
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By Marc Nemenoff |
March 20, 2013
Bonds have been gyrating over the last few sessions on just about every news item out of Cyprus. Since Monday the Cypriot congress voted against levies on bank deposits and have been in talks with the Russians about assistance.
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By Liz Capo McCormick and John Detrixhe, Bloomberg |
March 19, 2013
The euro fell to a three-month low against the dollar as Cyprus’s parliament voted down an unprecedented bank-deposit levy, fueling speculation the nation’s bailout will falter.
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By Patrick Donahue and Georgios Georgiou, Bloomberg |
March 19, 2013
Cyprus’s parliament rejected an unprecedented levy on bank deposits, dealing a blow to European plans to force savers to shoulder part of the country’s bailout in a standoff that risks renewed tumult in the euro area.
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By Cordell Eddings and Susanne Walker, Bloomberg |
March 19, 2013
Treasuries rose for a third day, pushing 10-year note yields close to the lowest level in almost two weeks on concern Cypriot lawmakers may reject a levy on bank deposits required to secure aid, boosting refuge appeal.
