Cyprus Business Now
Cyprus experienced a net increase of €8.5 million in total loans during the month of August 2023, following a significant reduction of €100 million in...
Banking and Finance
Dollar shines as oil surge spooks investors
Oil prices scaled one-year highs on Thursday while world stocks eyed their longest losing streak in two years as worries deepened about persistently high interest...
Oil profit: Walking the ethical tightrope in financial innovations
Oil Profit, an emerging technology that combines quantum computing and artificial intelligence, has gained significant attention in recent years. Its potential to revolutionize the financial...
Bank of Cyprus honoured at World’s Best Digital Banks awards
The Bank of Cyprus on Wednesday announced that it managed to secure five distinct awards at the World’s Best Digital Banks Awards 2023, presented by...
Changing the game: Commodity futures trading in the modern world
In today’s rapidly changing financial landscape, commodity futures trading has emerged as a dynamic and powerful force. With its potential for significant returns and inherent...
Harsh reality of ‘higher-for-longer’ rates looms over US stocks
As the Federal Reserve’s hawkish stance boosts Treasury yields and slams stocks, some investors are preparing for more pain ahead. For most of the year,...
Cyprus Business Now
The Bank of Cyprus on Tuesday said that a recent meeting with the government allowed for the bank’s initiative aimed at providing assistance to homeowners...
Cyprus economy resilient amid challenges, says Finance Minister
The Cypriot economy has demonstrated exceptional resilience in recent years, according to statements made by Finance Minister Makis Keravnos, while speaking at the 4th Conference...
Cyprus central bank lowers economic growth forecast
The Central Bank of Cyprus (CBC) on Monday made a slight downward revision to its growth forecasts for 2023 and 2024, according to its latest...
ECB needs to be cautious about doing too much on rates – Villeroy
The European Central Bank has reached the point where it needs to be wary of raising interest rates too high and should try to avoid...
