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Investors shun emerging market equity funds: EPFR

Last Updated: Sunday, March 31, 2013, 11:00

Fund flows largely reflected the uncertainty created by the latest crises -- Italy's inconclusive election and the Cyprus bank bailout -- to rattle the Eurozone.

Only hard choices left for Cyprus now, says European Union

Last Updated: Sunday, March 24, 2013, 15:21

The European Union has warned debt-stricken Cyprus on the eve of crucial negotiations on its future that it will have to make "hard choices" and asked the country to reach an agreement with its euro zone partners on a rescue package to avert a bankruptcy.

RBI expresses concerns over Cyprus banks facing meltdown

Last Updated: Friday, March 22, 2013, 22:25

Reserve Bank Governor D Subbarao Friday expressed concerns over Cyprus banks facing meltdown, saying it has implications on the banking sector everywhere.

Euro ministers agree to ease bank levy conditions for Cyprus

Last Updated: Tuesday, March 19, 2013, 13:02

Faced with mounting public outrage in Cyprus and hostile reaction from global financial markets, the euro zone finance ministers have decided to ease the conditions of a bank levy for small savers.