Coronavirus: Nicosia and Larnaca markets reopening under new guidelines
The municipalities of Nicosia and Larnaca on Tuesday announced the reopening of the municipal markets and the new measures in place to safeguard both customers...
markets
Dash for 30-year Cyprus bond sale, overloaded with orders (Update 1)
Cyprus’ first 30-year bond sale was overloaded with orders on Wednesday, with high demand for such long maturities showing just how much Europe’s bond market...
Cyprus prepares to tap international markets after early repayments
Cyprus prepares to tap the markets with a new euro-denominated bond issue, the finance ministry has said. In a statement the ministry said “the Republic...
Wall Street gives up 2018 gains amid tech selloff, trade fears
By Stephen Culp Wall Street shares nosedived on Monday, with the Dow falling to its lowest level of the year and the S&P 500 and...
Cyprus checklist for young entrepreneurs
By Annette Chrysostomou Would you move to Cyprus to start your own business? A new study sheds some light on what you should consider. Cyprus...
Clinton and Trump push closing arguments as markets fret over tight race
As Democrat Hillary Clinton and Republican Donald Trump pushed their closing arguments ahead of next week’s US presidential election, financial markets were rattled on Wednesday...
Brexit vote sends new shocks through markets; political chaos deepens (Update 5)
By Kylie MacLellan and Anirban Nag Britain’s vote to leave the European Union sent new shockwaves through financial markets on Monday, with the...
Fallout from British EU brings alarm, party conflicts (Update 3)
By Estelle Shirbon and Ben Blanchard Turmoil unleashed by Britain’s vote to leave the European Union heightened anxiety in Asia on Sunday, with China, Japan...
Markets have funds to lend, but they also have brains
The next time Cyprus taps international markets, its borrowing cost will be higher. As Cyprus prepares to exit its adjustment programme without having implemented all...
Search for better returns makes Cypriot bonds more attractive, source says
By Stelios Orphanides The search for good returns has led to an increase in demand for domestic securities as economic and financial uncertainty worldwide puts...
Oil up after Saudi king dies; policy pledges calm market
By Himanshu Ojha Brent crude oil rose on Friday after the death of Saudi Arabia’s king added to uncertainty in oil markets, although the new...
Draghi drives euro to 4-1/2 year low
By Patrick Graham The euro took another downward lurch on Friday, sinking to a 4-1/2 year low against the dollar on clear indications that the...
Ryanair sees plenty more growth within Europe
By Conor Humphries Ryanair’s bid to become one of the world’s biggest airlines will focus on higher-frequency routes and more domestic flights in core European...
Cyprus turns back to UK tourism over uncertain Russia
By Marie Kambas CYPRUS’ hopes that the economy could receive an extra boost from tourism next year are vanishing as promising news from the UK, the...
EU seeking new markets for embargoed produce
By Angelos Anastasiou THE ECONOMIC impact on Cyprus of the Russian embargo on agricultural products from the European Union was raised by President Nicos Anastasiades...
Cyprus aims to head back to international markets this month
By Constantinos Psillides Cyprus could return to the international markets as early as the end of June, 18 months earlier than it was originally expected,...
Interview: President sees market return end ’15, wary on more Russia sanctions
By Michele Kambas Cyprus expects to return to international markets late next year but cannot rule out testing the waters earlier to gauge the appetite...
Cyprus to return to market before programme-end: President
Cyprus will return to financial markets before the end of its bailout programme in 2016 and should require no more funds from international lenders, President...