By Hussein Sayed, Chief Market Strategist at FXTM Shares across markets are trading in negative territory early Monday with one exception, as China’s Shanghai Composite traded 2.5% higher after the People’s Bank
The credit quality of real estate companies in the United Arab Emirates will erode on the back of the double hit from coronavirus and the oil price slump, Moody’s Investors Service said
British Foreign Secretary, Dominic Raab is under pressure by UK Cypriots to take a “strong and principled stance” against the “wrong” decision to convert Hagia Sophia from a museum into a mosque.
Fintech leaders raised a total of $3.81 bln in the second quarter of this year, significantly higher than the amount raised in the first quarter which was impacted by the coronavirus pandemic,
By Hussein Sayed, Chief Market Strategist at FXTM Following a 6.8% contraction in the first three months of 2020, the Chinese economy bounced back in the second quarter recording GDP growth of
Turkey’s continued gas drilling inside Cyprus waters is sending Europe the wrong message about its willingness to follow international norms and cooperate with its neighbours, said Germany. German Foreign Ministry spokesperson Christopher
Cyprus President Nicos Anastasiades will meet German Chancellor Angela Merkel in Brussels on Thursday as Nicosia goes on a diplomatic offensive to buffer Turkey’s actions in the East Med. Germany currently holds
By Lukman Otunuga, Senior Research Analyst at FXTM The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and expectations of further stimulus for
Turkey has a direct responsibility to preserve the Hagia Sophia as a world heritage site and allow access for all Christians, said Russian Ambassador to Cyprus Stanislav Osadchiy. Commenting on the conversion
Company pensions are becoming increasingly unsustainable due to the plunge in government bond yields and low interest rates, warns the chief executive of one of the world’s leading advisory and fintech organisations.
