By Hussein Sayed, Chief Market Strategist at FXTM Investors across the world are closely monitoring the high-level US-China trade talks, which get underway Thursday as China’s Vice Premier Liu He sits on
Cyprus remains stuck at 44 in the World Economic Forum’s Global Competitiveness Report for 2019, scoring poorly for ICT adoption and business dynamism. Singapore ranked first out of 141 countries, overpassing the
Cyprus banks have the second highest liquidity coverage ratio in the Eurozone, according to figures released by the single supervisory mechanism (SSM). This is due to the gradual return of deposits following
Cyprus sales of saloon cars in September increased 4.5% from the year before but for the first nine months of 2019 registration are down 8.1%. September is only the third time this
The island’s two main shipping organisations, the Cyprus Shipping Chamber and Cyprus Union of Shipowners, have decided to merge into a single formidable force that will look after the interests of the
Cyprus’ banking system is in for a bumpy ride as staff at Hellenic are preparing to strike on Friday over a pay dispute with management. ETYK banking employees’ union has called for
Property sales have dipped over the four months June to September bringing the boom to a temporary halt after almost 4 years of double-digit growth fueled by the Cyprus passport scheme. Since
APS, one of Europe’s largest debt servicing companies, says it has been instrumental in strengthening the Cyprus economy by combating the plague of non-performing loans through acquiring a €400 mln property portfolio.
In Q2 2019, Cyprus had the EU’s third biggest quarterly rise in house prices at 4.2% behind Luxembourg on 5.1% and Latvia 5.6%. Among the Member States for which data are available,
Prime Minister António Costa’s Socialist Party (PS) is once again on course to lead the country without an absolute majority, which is likely to occur with a coalition similar to the existing
