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Banks fined for bond sales
THE CENTRAL Bank of Cyprus (CBC) has found the Bank of Cyprus (BoC) and former Laiki Bank guilty of violations of the law and guidelines regarding the sale of bonds but chose not to impose hefty fines...
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More than 230 killed in major earthquake in Pakistan
By Gul Yusufzai The death toll from a powerful earthquake in Pakistan climbed to more than 230 on Wednesday after hundreds of mud houses collapsed on their inhabitants throughout the remote and thinly...
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Syria rebels reject opposition coalition, call for Islamic leadership
By Erika Solomon Powerful Syrian insurgent units have rejected the authority of the opposition Syrian National Coalition (SNC), badly damaging efforts by Western-backed political exiles to forge a...
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Minors remanded after 13-year-old reports sexual abuse
The Limassol district court issued a two-day remand on Wednesday for four minors following a report by a 13-year-old girl they had sexually abused her. The court hearing took place behind closed doors....
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Man cautioned for allegedly threatening neighbour with shotgun
A 42-year-old man from Avgorou reported to police on Tuesday that his 26-year-old neighbour threatened him with a double-barrelled shotgun, police said. The man visited Xylofagou police station where...
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Swimmer dies in Ayia Napa
A 67-year-old Russian tourist died in Ayia Napa on Tuesday around noon while swimming in the sea with his son, police said. According to reports he had been swimming in a rocky area of the sea with his...
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Syrian arrested for counterfeit passport
Police in Paphos arrested a 29-year-old Syrian man after he attempted to leave the country using a counterfeit Italian passport. On Tuesday night at 7pm the man, his wife and their four children were...
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Police officers suspended over drugs possession
Two policemen from Kato Pyrgos were arrested on Tuesday after officers from the drugs squad searched them and found three grammes of cannabis. Following their arrest at around 7.15pm, officers then...
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Our View: A positive step that could turn out to be a catalyst
FOR YEARS our politicians had been arguing that the only way to solve the Cyprus problem is through direct talks with the Turkish government. This gave rise to the line, repeated by many of them over...
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‘We can’t rely on gas to save us’
By Poly Pantelides WARNINGS were issued yesterday that not only was Cyprus falling behind in exploitation of its hydrocarbons reserves but also that natural gas should not be seen as the saviour of...
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Fourth land deal suspect arrested at airport (updated)
Orestis Vassiliou, state telecoms company CYTA’s union representative who was wanted in connection with a dodgy land deal in Larnaca involving the organisation’s pension fund, was given a seven day...
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Police recover stolen items
Police in Nicosia have arrested a 62-year-old man and held him for questioning in connection with a case of stolen property and illegally possessing a gun. A 37-year-old man had reported to police on...
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Cautions for security operations with no permits
Two men were cautioned, one in Paphos and one in Larnaca, as police continue to clamp down on security firms operating without the relevant permits. While on patrol at around 6pm on Wednesday, officers...
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Private-sector deposits in Cypriot banks slide in August -ECB
Consumers and companies continued to withdraw deposits from banks in Cyprus in August, where big account holders in the two largest lenders were forced to take a hit as part of an international...
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Any attempt by Greek far-right to force elections could backfire – Venizelos
By Dina Kyriakidou and Daniel Bases Greece’s far-right Golden Dawn party would damage itself if it tries to force elections by walking out of parliament in a pique over a government crackdown, the...
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Political uncertainty in Italy deepens over Berlusconi threats
By James Mackenzie Centre-right deputies supporting Silvio Berlusconi renewed threats to resign if their leader is expelled from parliament and the left demanded an end to their “blackmail”, deepening...
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Son of Chinese army singers gets 10 years’ jail for gang rape
By Sui-Lee Wee A Chinese court jailed the teenage son of two celebrity army singers for ten years on Thursday for gang-raping a woman in a case that has fanned resentment against the offspring of the...
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Baghdatis beaten by Wawrinka in Malaysia
By Nemanja Bjedov MARCOS Baghdatis was beaten by second-seeded Swiss Stanislas Wawrinka 6-1, 7-5 in the second round of the Malaysian Open in Kuala Lumpur on Thursday afternoon. Wawrinka broke...
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Banks agree lending rates need to be reduced gradually
Representatives of credit institutions agreed on Friday to the need for a gradual reduction in lending rates and on reducing costs associated with the restructuring of loans. During a meeting Friday...
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Spurs make case for defence as AVB faces Mourinho
By Justin Palmer With the abundance of flair and attacking talent Tottenham Hotspur acquired knowing Gareth Bale was leaving, it has perhaps been surprising that their impressive start to the season...
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