. * April Exports Decline Amid Slowdown in Economy * By Oren Laurent President, Banc De Binary The Chinese economy recorded sharp drops in both imports and exports in April (year on
By Lukman Otunuga, Research Analyst, FXTM Stocks were flung onto a wild roller coaster ride this week with major markets violently oscillating between losses and gains as anxiety mounted ahead of the
. By Oren Laurent President, Banc De Binary The price of gold bullion has enjoyed an imperious run of form for the year to date, notably in April. The confluence of several
The Bank of Cyprus said it will post a net profit of around EUR 50 mln in the first quarter, building on “strong momentum” in its loan restructuring activities. The bank
Economic growth in Europe is expected to remain modest as key trading partners’ performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in
By Lukman Otunuga, Research Analyst, FXTM Stocks descended deeper into the abyss in the first trading week of May following the tepid Chinese manufacturing data and slash in Europe’s growth outlook that
Revenues from the shipmanagement sector dropped marginally in the second half of 2015 to €462 mln, down €2 mln or 0.43% from the first half, according to the Central Bank of Cyprus
Fitch Ratings has affirmed the Bank of Cyprus covered bonds at ‘BB+’ assigning a ‘stable’ outlook, following the upgrade of the bank’s Issuer Default Rating (IDR) to ‘B-’ from ‘CCC’ a few
For the government of Cyprus the relations with Russia “were and remain of strategic importance”, Finance Minister Harris Georgiades said in his address to the business forum on “Russia and Cyprus: Lessons
Deposits in the Cyprus banking system dropped by €95.5 mln in March to €45.7 bln, according to Central Bank of Cyprus data. In February, deposits increased by €78.4 mln, while on
