By Hussein Sayed, Chief Market Strategist at FXTM Equity markets have pushed higher in Asia following an impressive last hour rally on Wall Street on Wednesday. The record daily increase in COVID-19
Cyprus credit card transactions in the second quarter increased by 23% annually as consumers turned to seamless payments in the aftermath of the coronavirus outbreak. Cypriots were advised to use contactless payments
Cyprus reported another three new coronavirus cases on Wednesday with two of them involving people with a travel history. One case involved a permanent resident arriving from Israel recently who was positive
There is no global second wave of coronavirus even though recorded cases worldwide are spiking, said a Cyprus government advisor on infection control. European University assistant professor Constantinos Tsioutis, told CNA that
By Han Tan, Market Analyst The Euro has refused to buckle under the weight of lacklustre economic data and dire warnings of late. Germany’s factory orders and industrial production came in less-than-expected in
The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody’s Investors Service said in a new report, with the outlook remaining negative since the coronavirus
Cyprus reported one new coronavirus case on Tuesday involving a passenger from Israel who arrived on 2 July when flights were still allowed from that country. Israel has since been demoted from
Cyprus’ economy is under significant strain from the heavy impact of COVID-19 fallout on tourism with expected revenues only 25% of last year’s level, the European Commission’s economic forecast said. Revenue from tourism
The UN is seeking clarity as to why Turkish Cypriot authorities have imposed new restrictions at crossing points which dictate that people need to provide a COVID-19 negative test every 72 hours
Cyprus reported another new coronavirus case on Monday, a Cypriot who tested positive on returning from the USA. The COVID-19 case was detected from 557 tests on repatriated Cypriots and other passengers
