By Han Tan, Chief Market Analyst at Exinity Group The outcome from the ongoing FOMC meeting is shrouded in uncertainty. Still, markets are very much aware that the Federal Reserve is stuck
Philanthropist Sir Stelios Haji-Ioannou awarded 10 bicommunal teams, consisting of Greek and Turkish Cypriots, who stood out in business cooperation. Each team member wins a cash prize of €10,000. At the online award
Cyprus joined EU member states as a signatory to a project led by the European Defence Agency for the collaborative procurement of ammunition. The collaborative procurement of ammunition includes the possibility of
Petrol station owners warn of strike action if President Nikos Christodoulides does not respond to their calls to discuss what they call the “unacceptable and illegal” purchase of petrol from the Turkish-occupied
The Central Bank is concerned over a possible rise in non-performing loans following a series of increases in interest rates, as it calls on banking institutions to take pre-emptive measures. Cyprus Central
By Craig Erlam Stock markets bounced back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders look ahead to the Fed on Wednesday. It’s been a
The Land Registry’s online platform is still knocked out, following the cyber attack some ten days ago, with officials saying it may take several weeks before technicians can get the vital service
Businesses in Cyprus say they are being pushed to the brink as rising interest rates are adding to their other problems of increased costs of raw materials. Cypriot banks’ practice of keeping
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets rose on Tuesday after Wall Street staged a rebound overnight as the historic takeover of Credit Suisse Group AG soothed concerns over
The Cyprus banking system won’t be feeling any aftershocks from the collapse of major banks in the United States and the trouble faced by European banking giant Credit Suisse, assured the island’s
