Markets bounce ahead of US NFP

By Lukman Otunuga, Senior Market Analyst at FXTM   Asian shares staged a rebound on Thursday following the broadly positive cues from Wall Street overnight as plunging oil prices and weak US jobs

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ECB determined inflation returns to 2%

The European Central Bank is determined to promptly ensure that inflation returns to its 2% medium-term target, said ECB Vice-President Luis de Guindos. In his keynote speech at a Central Bank of

Strong ship registry strengthens influence

A strong Cyprus ship registry strengthens the country’s voice, making it a protagonist in formulating maritime policy and sending a clear message that illegal restrictive measures and violations of international law cannot

Cyprus encourages states to recognise femicide

Cyprus encourages every state to acknowledge the existence of femicide, UN Ambassador Andreas Hadjichrysanthou said, noting the Cypriot parliament was the first in Europe to adopt such a law. Addressing the UN

Football chief faces criminal charges

The Committee of Ethics and Safeguarding in Sport (CESS) has recommended that criminal proceedings be brought against Cyprus Football Association (CFA) president George Koumas for abusing his position. The committee’s recommendations, along

Finance Minister submits 2024 budget to House

Finance Minister Makis Keravnos submitted the 2024 state budget, the first of the Nikos Christodoulides administration, to House Speaker Annita Demetriou on Wednesday. Keravnos presented the budget to the House Speaker before

Unemployment stable at 6.6%

The seasonally-adjusted unemployment rate in Cyprus stayed at 6.6% in August compared to July, and slightly lower than a year ago when it was 6.8%, according to Eurostat. In the eurozone, the

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