Sentiment shaky ahead of Fed minutes

By Lukman Otunuga, Senior Research Analyst at FXTM   Asian shares traded mostly lower on Tuesday along with US and European futures as investors adopted a cautious approach ahead of the reopening of

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Plenty to look forward to

By Craig Erlam   It hasn’t been the most thrilling start to the week, but the good news is that it should improve from here as the US rejoins and the economic calendar

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Greece ferry link to resume in May

The passenger ferry link between Cyprus and Greece will resume at the end of May, following a successful first season, announced operators Scandro Holding Ltd. They are currently “at the final processing

Cyprus shaken by fresh Turkey quake

Cyprus was rattled by a 6.4 magnitude earthquake that struck the border region between Turkey and Syria on Monday, believed to be an aftershock of a major earthquake on February 6, which

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Sunak tells new President the UK is here to help

UK Prime Minister Rishi Sunak sent a congratulatory letter to the elected President Nikos Christodoulides expressing his country’s readiness to assist in settling the Cyprus problem and boost close bilateral relations. A statement from

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Bank of Cyprus eyes dividend payments

Bank of Cyprus aims to return to substantial dividend payouts this year as it posted after-tax profits of €71.1 mln for 2022 from €29.7 mln the year before. Announcing its latest financial

Treading water

By Craig Erlam   Stock markets in Europe are treading water in thin trade at the start of the week, amid a light economic calendar and a US bank holiday. It was always

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Cyprus monitoring deadly Marburg virus

Public Health Services are closely monitoring information on the spread of the deadly Marburg virus, where cases of the disease have been recorded in Equatorial Guinea and other African countries. Equatorial Guinea

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Business bankruptcies decrease, rise in the EU

Bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8% from the previous quarter), but Cyprus showed a decrease (-13.4%), according to Eurostat. During Q4 2022, bankruptcies in the