By Han Tan, Market Analyst at FXTM Asian stocks were mostly lower on Friday, apparently taking a breather from the 3.7% climb over the past three days and unable to keep pace
While deposit rates are hitting rock bottom, with some banks even applying negative interest rates on large deposits, Cyprus Insurance Investment Funds may offer investors a way out. According to the latest
Cyprus Foreign Minister Nikos Christodoulides has asked for practical help from the US to ensure that Turkey terminates its illegal energy exploration activities in the Eastern Mediterranean. Nicosia requesting decisive action came
The eurozone’s bailout fund agreed on Thursday to Cyprus repaying €6.3 bln of costly crisis loans from the International Monetary Fund, so it can replace them with cheaper loans from the market.
Turkish Cypriot leader Mustafa Akinci argues that failure to reach a Cyprus solution based on the principles of a bizonal and bicommunal federation will see partition on the island take on a
By Hussein Sayed, Chief Market Strategist at FXTM The panic seems to be over. US stocks are back to record highs, Treasury yields have risen, Gold has sold off and equities across
Cyprus has one of the lowest rates in the EU for people employed to work from home with only 1.2% usually doing so In 2018, 5.2% of employed persons aged 15 to
The number of registered Cyprus unemployed in January fell to a new 10-year low, according to seasonally adjusted data, mainly due to the decline in public administration jobless figures. Unemployed people, registered
Cyprus Central Bank Governor Constantinos Herodotou called on Cypriot banks to bolster their efforts to further reduce non-performing loans (NPLs) while the current economic environment remains favourable. Addressing a conference on “Indebtedness
By Ivanka Pittelkau Coronavirus fears hit the markets hards causing sharp declines in equity markets, plunging stock prices and even affecting the Fed. On the other hand, investors have been flocking towards
