Yen falls on BoJ inaction, focus on US PCE inflation
The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the US Dollar following the Bank of Japan’s decision to leave the monetary policy settings unchanged. Later in the day, the US Bureau of Economic
The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic
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Bank of Cyprus said it has successfully issued its first green bond, more than four times oversubscribed, raising €300 mln to fund renewable energy projects, as well as climate-friendly buildings and transport.
Read MoreA total of 63 candidates came forward on Wednesday to challenge the six seats allocated to Cyprus in the next European Parliament,
The island’s economy is slowing, with the growth rate turning negative for the second month in a row, according to a leading
The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
Business
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Bitcoin will hit fresh all-time highs in the coming months – despite a recent sell-off in price, following the news of escalating military and diplomatic tensions between Israel and Iran, the chief executive of a leading financial advisory and fintech
Read MoreBank of Cyprus said it has successfully issued its first green bond, more than four times oversubscribed, raising €300 mln to fund
US chipmaker Nvidia (NVDA) is having another fantastic year. After ending 2023 as the best S&P 500 performer, with a whopping 236%
The Bitcoin halving – likely on Friday or Saturday – will be a ‘price non-event’, depending on the exact current rate at
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Europe should remain united in condemning Russian aggression and keep applying pressure to make Moscow change its behaviour, President Nicos Anastasiades said during his trip to Estonia. He urged the EU to
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
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US chipmaker Nvidia (NVDA) is having another fantastic year. After ending 2023 as the best S&P 500 performer, with a whopping 236% gain, the AI giant added over one trillion dollars to
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The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the
By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably the first time I left the
Cypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are
On the one hand, there is an evident effort by the Deputy Ministry of Tourism to upgrade the quality of local hotels
I often write about my disappointment of a sector of the younger generation. The crime rate is particularly high among the ages
Energy
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The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic growth data against a potential geopolitical risk from a looming Israeli invasion of the southern Gaza city of Rafah. WTI
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West Texas Intermediate (WTI) started Tuesday on the low side, falling below $81.00 per barrel before a broad-market recovery in risk appetite
By Naeem Aslam As geopolitical tensions escalate further after attacks by Israel on Iran, crude oil prices closed the week on a
West Texas Intermediate (WTI) futures dropped slightly to the crucial support of $85.00 in early trading in European markets on Wednesday. The
World
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The Japanese Yen remains under bearish pressure and was trading on Friday at its weakest level in over three decades against the
More
The benchmark US crude oil Western Texas Intermediate (WTI) is trading higher around $83.60 on Friday as the market weighed the weaker-than-expected US economic
More
Bitcoin will hit fresh all-time highs in the coming months – despite a recent sell-off in price, following the news of escalating
More
Bank of Cyprus said it has successfully issued its first green bond, more than four times oversubscribed, raising €300 mln to fund
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Maritime
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The sixth Leading Maritime Cities survey released this week declared Singapore as the world’s premier shipping centre. Not surprisingly so, considering the city-state topped nearly all the indicators resulting from data, research and interviews of hundreds of leading shipping executives
Read MoreTicket sales have skyrocketed for the Daleela passenger and car ferry that will resume its Limassol to Piraeus sailings from the end
Elementary schools in Cyprus have adopted 1,000 ships in almost two decades, as part of an international awareness campaign initiated by the
The Daleela passenger and car ferry will resume its Limassol to Piraeus sailings from the end of May to early September, with
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By Athena Danou While this wasn’t my first participation in the Christodoula March, it was probably
All archaeological sites and monuments operated by the Department of Antiquities will offer free entry on
Three of Cyprus’ beaches in the Ayia Napa-Protaras area have earned prestigious spots among Europe’s top
Marking World Stray Animals Day, authorities on Friday announced plans to enhance and expand a dog
By First Lady, Philippa Karsera-Christodoulides “Empowering Equality: A vision for Inclusive Participation and Social Transformation.”; a pertinent
