KME Chartered Accountants

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IMF warns most countries are doing worse than projected & says it will likely further lower its forecast

June 15,2020

The International Monetary Fund (IMF) may further downgrade its projections for economic growth this year […]

Russia’s diamond producer sees recovery this year for pandemic-hit sales

June 15,2020

The global leader in diamond mining, Russia’s ALROSA, expects sales of its gems to reach […]

Daewoo to build two LNG tankers for Russian energy giant Novatek

June 15,2020

South Korea’s shipyard Daewoo Shipbuilding & Marine Engineering (DSME) has received an order from Russian […]

U.S. import prices post largest gain in more than a year

June 15,2020

U.S. import prices increased by the most in more than a year in May, driven […]

Treasury Secretary Mnuchin says ‘we can’t shut down the economy again’

June 15,2020

Treasury Secretary Steven Mnuchin told CNBC on Thursday that shutting down the economy for a […]

Cyprus records surplus 4.9% of GDP for period Jan-Oct 2019

December 04,2019

Cyprus’ General Government recorded a surplus of €1,066,0 mn (4.9% of GDP) for the period […]

Fitch Ratings affirms ratings for BoC at B- and Hellenic Bank at B+

December 04,2019

Fitch Ratings has affirmed Bank of Cyprus Public Company Limited`s (BoC) Long-Term Issuer Default Rating […]

Inflation expected at 0.4% in November

December 04,2019

Euro area annual inflation is expected to be 1.0% in November 2019, up from 0.7% […]

EU should keep its promise of not asking banks for even more capital – ECB

December 04,2019

European regulators should fully implement a reform package that will force banks to hold more […]

Euro zone economy continues steady growth in third quarter

December 04,2019

The euro zone economy continued to grow at a modest pace in the July-September period […]

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