Cyprus has pledged to reform its fast-growing offshore sector in response to a campaign launched by international financial organisations to crack down on tax evasion, money laundering and poor financial supervision. With more than 40,000 offshore companies registered on the island, including a large number of Russian and Yugoslav "brass-plate" concerns, Cyprus's offshore sector has come under intense international scrutiny...more

BANKING
Rates move will sharpen competition  Jul 3

STOCK MARKET
Bourse bubble deflates a little, but avoids a burst  Jul 3

CO-OPERATIVES
Movement changes with the times  Jul 3