. Marcuard's Market update by GaveKal Dragonomics Ever since US equities bottomed in March 2009, glamour stocks such as Google, Amazon and Netflix have been at the forefront of the rebound, leading the Nasdaq composite to an all time high last week. While we continue to prefer other markets over the US, recent moves in
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. Prime Minister Benyamin Netanyahu felt the urge to state the obvious – that in the hell-hole of the Middle East, Israel feels that Cyprus is a true friend. And why shouldn’t it be? Cyprus has on numerous occasions, almost with all Presidents of the Republic, offered assistance, mediation and even the grounds for shuttle
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Despite signs of stabilisation in the economy — including a slight rebound in tourism and a net positive impact from low oil prices and the depreciation of the euro — the subdued operating environment will continue to weigh on Lebanese banks' performance over the next 12-18 months, Moody's Investors Service said. As a result, the
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After the biggest gyro, the oldest wine, farthest swim and oldest birth, Cyprus has entered the Guinness World Records once again, this time for the longest parade of Toyotas, organised by the local distributor www.toyota.com.cy to celebrate 50 years of cooperation with the Japanese car giant. In all, 742 Toyota cars, vans and trucks of
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Microsoft Windows 10 is now available as a free upgrade over a limited time for genuine 7 and 8/8.1 operating systems, or with new PCs and tablets. It includes innovations such as Cortana, an Xbox app and Microsoft Edge and the company says it is the most secure Windows ever, as it is delivered as
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The Cabinet has approved a bill now headed to parliament that will safeguard the rights of borrowers, but also allow banks to sell their portfolios of distressed loans of up to EUR 1 mln to high-risk investors. This had been one of the final outstanding prior actions as set out in the memorandum with
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By Jameel Ahmad, Chief Market Analyst, FXTM The combination of some stabilisation in the Shanghai Composite Index after recent intense pressures and a rebound in the commodity markets has provided the platform for major indices to end a consecutive streak of losses. Market sentiment is looking a little bit more positive once again, and this
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The traditional soft-cheese halloumi is set to get its Protected Designation of Origin (PDO) registration very soon, Agriculture Minister Nicos Kouyialis said just after the European Commission published the application to register the names Halloumi in Greek and Hellim in Turkish, for a cheese produced in all the territory of Cyprus. “After many years we
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A court in Paphos has acquitted Theodoros Aristodemou, his wife Roulla and two others, from charges of fraud and forging public documents in relation to a land deal in the Skali area where Aristo Developers had been preparing a major project. The Aristodemou couple, who were acquitted together with the company’s draftsman Christos Solomonides and
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* Regional security, defence cooperation also on agenda * Israeli Prime Minister Benjamin Netanyahu was in Cyprus on Tuesday for a short visit to discuss prospects of energy cooperation and a pipeline project with President Nicos Anastasiades. This was his second visit having met with President Christofias in Nicosia three years ago. Tuesday’s discussions focused
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