By Hussein Sayed, Chief Market Strategist at FXTM After a turbulent week in financial markets, Friday’s nonfarm payrolls report helped to stave off a further sell-off in equities. The S&P 500 fell
Cyprus credit card transactions in September decreased by 11%, reflecting stable consumer confidence while there were fewer online payments to the state. According to new JCC data, the value of Cyprus credit
Cyprus seems to have technology at the bottom of its priority list after ranking 54 from 63 economies for digital competitiveness just one spot above the Philippines, while behind India, Turkey and
A majority of Cyprus hotels and hundreds of catering establishments operated without the necessary licenses in 2018, according to auditor general Odysseas Michaelides. Some 76% of Cyprus hotels and 38% of leisure
Paphos-based Papantoniou Supermarkets is preparing to set up shop in the capital’s tough competitive market, aiming to take a piece of the pie from established giants. Sources told the Financial Mirror, construction
For the first time, the European Community Shipowners’ Associations (ECSA), has elected a Cypriot as its Vice-President for the next two years in recognition of the role Cyprus plays in the global
Euro-area growth is expected to remain weak in the rest of 2019, with the slowdown driven by weakness in industry and global trade, according to DBRS Ratings. Notable factors that have weighed
Vasos Hadjitheodosiou, founder and chairman of the Salamis Organisation, has died aged 83. The company is the owner of the 700-passenger Salamis Filoxenia cruise ship, as well as a fleet of commercial
The outlook for Oman's banking system remains negative as loan quality weakens and access to funding is tight in a subdued economy, Moody's Investors Service said in a report published Monday. "The
By Hussein Sayed, Chief Market Strategist at FXTM Equity markets in Asia kicked off the week mixed after the S&P 500 posted a 0.5% decline on Friday, following the latest developments in
