More rate hikes coming

By Craig Erlam Equity markets are under some pressure on Thursday, with Asia mostly in the red and Europe poised to open almost a percentage point lower after the US Fed delivered

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MEPs examining evidence in spyware probe

The European Parliament’s committee of inquiry to investigate the use of Pegasus and equivalent surveillance spyware (PEGA) has received answers from Cypriot officials and will now “corroborate them”. A committee delegation visiting

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Cyprus to charge Russians for tourist visas

Cypriot authorities have announced that Cyprus will no longer apply facilitated rules for Russian citizens applying for tourist visas. Foreign Ministry sources told news site Philenews that starting from December 1, the

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Cyprus electricity prices climb 32%

Annual average household electricity prices in the European Union increased sharply in the first six months from €22 per 100 kWh to €25.3 but were higher in Cyprus. The same Eurostat data

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Market mood improves ahead of Fed decision

By Lukman Otunuga, Senior Research Analyst at FXTM The next few days promise to be eventful and potentially volatile for financial markets thanks to key economic reports from major economies, corporate earnings,

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Euro Parliament begins Cyprus spyware probe

A delegation from the European Parliament’s inquiry committee to investigate the use of Pegasus software (PEGA) and equivalent surveillance spyware launched a joint mission in Cyprus and Greece. The fact-finding mission seeks to establish a

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Huge uncertainty in week ahead

By Craig Erlam Uncertainty sums up the feeling in the markets at the moment and that is highlighted by the moves seen on the opening day of the week. Equity markets in

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