Farmers say storms wiped out one year of labour
A delegation of the agricultural ministry and the agricultural insurance organisation (OGA) visited the Statos-Ayios Photios community in the Paphos district on Tuesday, where a
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Inverted what? Searches for obscure financial term spike on Google
By Noel Randewich Searches on Google for “inverted yield curve” have spiked after the unusual bond market phenomenon presented itself last week for the first
Investors sell Italian bonds as govt looks increasingly fragile
Italian government bonds were underperforming on Tuesday before an address by Prime Minister Giuseppe Conte that could lead to a confidence vote and bring down
Trump ‘not ready’ for China trade deal, dismisses recession fears
U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of
Germany has fiscal muscle to counter next crisis – Scholz
By Michael Nienaber Germany has the fiscal strength to counter any future economic crisis “with full force”, Finance Minister Olaf Scholz said on Sunday, suggesting
No deal would be worse for Cyprus than UK says top City voice
While a No Deal Brexit would be bad for the UK, it would be worse for countries such as Cyprus, a leading UK hedge fund
Spokesman says a fact that others out to hurt our reputation (update 2)
Media reports implying a link between President Nicos Anastasiades, his law firm and the so-called Troika laundromat on Sunday led to a war or words
Visits to Paphos restaurants down 10 per cent
Visits to Paphos’ bars and restaurants are down by ten per cent this August, the head of the shop-owners’ federation (Osika) Fyros Thrasyvoulou said on
Alibaba and the $15 bln question: Amid Hong Kong’s protests, when to list?
By Jennifer Hughes and Julie Zhu Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its
Kedipes ‘stalling’ probe into loans held by PEPs (update)
THE state-owned asset management company (Kedipes) appears to be stonewalling a probe into the possibility of the co-op bank affording favourable treatment to politically exposed
€1.1m in scholarships offered in energy studies
THE ministry of energy, commerce and industry announced on Friday it is offering a total of €1.1m for scholarships for undergraduate and postgraduate programmes, including
Akel calls for explanation of report linking president to money laundering
Main opposition Akel demanded an explanation on Friday over a report linking President Nicos Anastasiades and his law firm with the Troika Laundromat, a network
Data, news fuels big gains for pound vs euro, dlr for the week
The pound advanced broadly on Friday, notching up its biggest daily rise versus the euro in nearly six months as a combination of news and
Cyprus recorded trade deficit of €2.4bn in first six months
Cyprus recorded a trade deficit of €2.4bn in the first six months of 2019, compared to €1.8 bn in the same period of 2018, Eurostat
Total assets of investment funds up by 4% in Q2
The total assets of investment funds increased to approximately €5.5 billion in the second quarter of 2019, figures released on Friday by the Central Bank
Shrinking German economy ‘on edge of recession’ as exports stutter
Slumping exports sent Germany’s economy into reverse in the second quarter, with prospects of an early recovery slim as its manufacturers struggle at the sharp
Economy continues to grow for fifth consecutive year
Finance Minister Harris Georgiades said on Wednesday that the economy has continued to grow for the fifth consecutive year. In a written statement, the minister
Google’s jobs search draws antitrust complaints from rivals
Google’s fast-growing tool for searching job listings has been a boon for employers and job boards starving for candidates, but several rival job-finding services contend
Just 6 cents on the euro for Laiki haircut victims
Six years on from the demise of legacy Laiki Bank, its uninsured depositors can expect to get about 6 cents on the euro for their
Argentine peso crashes after Macri gets thumped in primary election
Argentina’s beleaguered peso currency collapsed 30.3% to record 65 per U.S. dollar on Monday, traders said, after market-friendly President Mauricio Macri’s worse-than-expected performance in the