Risk sentiment hit by several headwinds

By Han Tan, Chief Market Analyst at Exinity Group Markets appear to be sobering up to the looming prospects of the Federal Reserve’s tapering as the market reassesses the Fed tightening cycle.

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COVID19: Booster shots delayed for over 80s

The Health Ministry on Wednesday announced that it will not be administering booster shots to the over 80s for now, due to a vigorous interest from those aged over 83. Ministry spokesperson

COVID19: No deaths, but patients increase

Cyprus reported no coronavirus deaths for the second day in a row and the eighth time this month on Tuesday, with the number of new cases slightly down and hospitalisations edging higher.

Cost of building materials skyrockets

The cost of building materials in Cyprus has skyrocketed this year, making it harder for the real estate and construction sectors to recover after the scrapping of the ‘golden passports’ scheme and

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Germany coalition to have climate focus

Germany is heading towards a three-party government with a significant climate action focus, as the centre-left Social Democrats made an unexpected comeback and scored a thin victory in Sunday’s federal elections. The

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COVID19: Booster shot programme moving along

The Health Ministry said that the COVID-19 booster shot programme for vulnerable groups and the elderly in Cyprus is continuing at a satisfactory pace. After administering a third dose of a COVID-19

Tourism back on track ‘in next few years’

An upward trend in tourist arrivals, especially from non-traditional markets, has left stakeholders confident that the Cyprus holiday industry will be back on track in the next couple of years, reaching the

COVID19: No deaths, cases rise again

Cyprus reported no coronavirus deaths for the seventh time this month on Monday, with the number of new cases and hospitalisations edging higher. The health ministry said in its daily Covid bulletin