Equity bulls deflated by hawkish Fed

By Lukman Otunuga, Senior Research Analyst at FXTM Stock markets are limping into Thursday’s session in a frightened state after the minutes from the December Federal Reserve meeting pointed to a faster

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Annual unemployed drops 56%

In December, the number of registered unemployed in Cyprus dropped by an annual 55.7% to 14,800 people out of work. According to data published by the Statistical Service, compared to December 2020,

Chlorakas clashes part of larger problem

Paphos police are looking into whether a recent clash involving up to 150 people in the village of Chlorakas is connected to an earlier incident for which police have already made six

5.3 magnitude quake shakes Cyprus

A 5.3 magnitude earthquake off the coast of Polis Chrysochous was felt on the island on Wednesday morning, the geological survey department said. No damage or casualties were reported as the epicentre