By Hussein Sayed, Chief Market Strategist at Exinity Last week saw risk assets climb, with the S&P 500 gaining 1.6% as investors rushed to buy the latest dip in equities. The better-than-expected
A 59-year-old Cypriot man was jailed for 23 years on Monday after pleading guilty to his involvement in the biggest drugs bust in Cyprus or Australia when 628 kilos of ecstasy smuggled
Cyprus is rated as the 25th most dangerous place on the planet to drive a car, according to the World Health Organisation. According to a recent report on road traffic injuries compiled
The prospect of tighter US monetary policy increases the vulnerability of highly-dollarised emerging market banks to a spike in credit losses and pressures on their profitability, according to Moody’s. The rating agency
Last year’s sharp rise in natural gas prices across Europe, which inevitably hit electricity prices, left a sour inheritance to Greek households and businesses. As summer gave way to autumn, electricity prices
A Cyprus court Friday launched official extradition proceedings of a Chinese mother and son linked to US-lobby groups despite defence objections over lack of documentation. The extradition hearing at Paphos district court
Interior Minister Nicos Nouris has asked for EU sanctions against Turkish airlines that systematically carry irregular migrants to Turkish-occupied Cyprus, crossing the divide into the republic. Nouris supported the need for active
In a fast-changing, global economic environment, non-fungible tokens (NFTs), backed by blockchain technology, emerged to disrupt how our world creates, perceives, and transfers value. Features such as transparency, improved liquidity of assets,
Investors seem to be topping up their portfolios with stocks as inflation expectations cool for the rest of 2022, and central banks, such as the Bank of England, the U.S. Federal Reserve,
A visit of Saudi Arabia’s Armed Forces chief to Cyprus opens a “new window of cooperation” between the two countries, Defence Minister Charalambos Petrides said. President Nicos Anastasiades received on Wednesday the