A 24-year-old Cypriot held as the main suspect in the disappearance of a man whose torched vehicle was found in rural Nicosia, is now facing additional charges of premeditated murder, as police
By Edward Moya Wall Street is breathing a sigh of relief as the largest US lender, JPMorgan, will acquire First Republic Bank. It is starting to look like a few major banking
The crypto market is expected to gross $37.8 bln in revenue this year, 105% more than in 2022, and almost half of that value will come from the United States, the world’s
The EU Parliament passed the Markets in Crypto Act, or MiCA, on Thursday which will come into force next year and has been hailed as a “landmark moment” for cryptocurrencies that will
By Craig Erlam European markets are in the red on Thursday in what continues to be a choppy week of trading driven by economic and interest rate uncertainty. We’re now at a
By Craig Erlam Inflation remains a major concern for central banks and recent data highlights just how far there is to go, something policymakers will be hoping changes very soon. Major headache
Entrepreneurs in the booming high-tech and fintech industry are unhappy that the government withdrew a bill designed to regulate blockchain technologies and crypto assets. As they argue, pulling the plug on the
By Edward Moya US stocks initially rallied after the March inflation report showed consumer prices are decelerating, prompting bets that the Fed might be done tightening. Wall Street wants the Fed to
By Edward Moya US stocks are mixed heading into a pivotal inflation report that should support one more rate hike by the Fed. Tuesday’s headlines didn’t tell Wall Street anything it didn’t
Cypriots are investing in cryptocurrencies, as 13% have included a digital currency in their investment portfolio, ranking fourth in crypto-friendly attitudes among the EU27. According to the latest Eurobarometer survey, 13 out
