Euro under pressure as ECB eyes rate cut
The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable to further downside as investors see the policy divergence between the Federal Reserve and the
By Naeem Aslam Geopolitical tensions are very much on the minds of every trader, and the sentiment among investors continues to remain
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The Cyprus Shipping Chamber has called for the immediate release of all 25 crew on board the Portuguese-flagged containership MSC Aries that was seized by Iran on Saturday, in retaliation for Israel’s
Read MoreConstruction of the €1.2 bln Larnaca port and marina project seems to be back on track after the operator and the Cyprus
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
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President Nikos Christodoulides will chair a meeting with all stakeholders on Monday in an effort to break the deadlock and push ahead with the stalled €1.2 bln Larnaca port and marina project. Spokesman Constantinos Letymbiotis confirmed the meeting will take
Read MoreThe Cyprus real estate market is steaming ahead and far from cooling down, as 2023 closed with 25,400 transactions worth €5.6 bln,
US chipmaker Nvidia continues breaking records after ending 2023 as the best S&P 500 performer, with a whopping 236% gain. The AI
APOEL Nicosia in €35 mln deal with US-based investor Cyprus football giants APOEL Nicosia are edging closer to owning their own stadium,
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Construction of the €1.2 bln Larnaca port and marina project seems to be back on track after the operator and the Cyprus government reached a compromise agreement over a financial deadlock on
MoreCypriots are being squeezed out of the property market as they can’t afford climbing rents. Hiking construction costs and interest rates are making homes unaffordable, with the need for the government to
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Growing expectations for a delay in the Federal Reserve’s policy pivot and escalating geopolitical tensions, fuelled an impressive US Dollar rally last week. After rising over 1.5% in the previous week and
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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
The Church of Cyprus is suffering from a major public image problem, with its leadership not realising that its reputation is dwindling,
A month from now, on April 26, politicians and the media around the world will recall how the 1986 explosion in the
Energy
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A small market relief rally on Monday following Iran’s 300-strong missile and drone strike on Israel at the weekend does not mean investors can sit back and relax, a veteran investment advisor has warned. Markets braced for Israel’s response to the Iranian
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West Texas Intermediate (WTI) is struggling to capitalise on the previous day’s goodish bounce from the $84.00 mark, or over a one-week
The benchmark West Texas Intermediate (WTI) oil price seems to extend its winning streak that began on March 27, buoyed by escalating
Western Texas Intermediate (WTI) is trading around $81.50 on Wednesday, as the US crude oil benchmark edges lower amid the recovery of
World
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The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the
More
By Naeem Aslam Geopolitical tensions are very much on the minds of every trader, and the sentiment among investors continues to remain
More
The Cyprus Shipping Chamber has called for the immediate release of all 25 crew on board the Portuguese-flagged containership MSC Aries that
More
A small market relief rally on Monday following Iran’s 300-strong missile and drone strike on Israel at the weekend does not mean
More
Maritime
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The Cyprus Shipping Chamber has called for the immediate release of all 25 crew on board the Portuguese-flagged containership MSC Aries that was seized by Iran on Saturday, in retaliation for Israel’s bombing of the Iranian consulate in Damascus two
Read MoreConstruction of the €1.2 bln Larnaca port and marina project seems to be back on track after the operator and the Cyprus
President Nikos Christodoulides will chair a meeting with all stakeholders on Monday in an effort to break the deadlock and push ahead
Relief for the aid-stricken Palestinians in the Gaza strip could reach about 1,500 tonnes a week, once a U.S.-built jetty is operational,
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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
Global warming pushes sightings closer to island’s shores A recent surge in jellyfish sightings along the
The Cyprus Pulmonology Society issued a warning on Friday regarding elevated dust levels in the air,
