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Brazilian Experts Urge Reconsideration of Digital Tax, Advocate for Alternative Measures
Local experts in Brazil are calling for a reconsideration of the proposed digital tax on big tech companies, suggesting that other...
Flexi Group
Oct 9, 20243 min read


Greek Banks Must Assess Climate Risks and Emission Reductions by Year-End Amid ECB Policy Changes
Greek banks are gearing up to meet new requirements that mandate assessing climate-related risks at all levels and submitting their...
Flexi Group
Oct 8, 20243 min read


Hong Kong Stocks Reach 32-Month High as Wall Street Banks Boost China Market Confidence
Hong Kong stocks extended their three-week rally to hit a 32-month high, with the Hang Seng Index climbing 1.2 percent to 22,997.26 by...
Flexi Group
Oct 7, 20242 min read


Oil Prices Surge 3% After Iran Fires Missiles at Israel Amid Middle East Tensions
Oil prices jumped approximately 3% on Tuesday following Iran’s launch of ballistic missiles at Israel in response to Israel's offensive...
Flexi Group
Oct 2, 20242 min read


Blockchain Revolutionizes Africa’s Payment Landscape with Innovative Financial Solutions
Blockchain technology is rapidly transforming the global payments landscape, offering innovative solutions to long-standing challenges,...
Flexi Group
Sep 30, 20244 min read


Greece's HFSF to Begin Sale of Up to 12% Stake in National Bank of Greece Next Week
Greece’s bank bailout fund, the Hellenic Financial Stability Fund (HFSF), is set to initiate the process of selling a stake of up to 12...
Flexi Group
Sep 27, 20241 min read


Hong Kong Stocks Surge to Four-Month High Amid Stimulus Rally, Developers Slip on New World Trading Halt
Hong Kong stocks continued their upward trajectory for the third consecutive day, hitting a fresh four-month high, driven by ongoing...
Flexi Group
Sep 26, 20242 min read


Macau and Hong Kong Move Closer to Launching Digital Currencies
Macau and Hong Kong's monetary authorities have announced significant developments in their efforts to introduce digital currencies in...
Flexi Group
Sep 24, 20241 min read


Hong Kong Banks Cut Prime Rates for First Time in Five Years Amid Lower Funding Costs
HSBC and Bank of China (Hong Kong) have reduced their prime lending rates by a quarter percentage point, marking the first rate cut among...
Flexi Group
Sep 20, 20242 min read


Bank of Cyprus Shares Approved for Listing on Athens Stock Exchange
The necessary conditions for the listing of Bank of Cyprus shares on the Athens Stock Exchange (ATHEX) have been fulfilled, as announced...
Flexi Group
Sep 20, 20242 min read


Fitch Upgrades Hellenic Bank’s Shareholder Support Rating to 'bb' Following Eurobank Stake Increase
Fitch Ratings has upgraded the Shareholder Support Rating (SSR) of Hellenic Bank Public Company Limited (Hellenic Bank) from “bb-” to...
Flexi Group
Sep 17, 20242 min read


European Commission Vows to ‘Bring Structure to Chaos’ with Transfer Pricing Directive
The European Commission has committed to supporting businesses and simplifying tax processes through its newly introduced transfer...
Flexi Group
Sep 13, 20242 min read


Government Employment in Cyprus Sees 3.9% Growth in 2024
Government employment in Cyprus has experienced a 3.9 per cent rise during the first eight months of 2024, compared to the same period...
Flexi Group
Sep 13, 20242 min read


Hellenic Bank Raises €100 Million in Oversubscribed Bond Issuance
Hellenic Bank has successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note...
Flexi Group
Sep 12, 20242 min read


CySEC Launches Campaign to Warn Investors of Increasing Online Scams
The Cyprus Securities and Exchange Commission (CySEC) has announced the launch of a new social media campaign, aiming to protect...
Flexi Group
Sep 10, 20242 min read


European Fund Classification System Expands to Cover 180,000 Fund Share Classes
The European Fund Classification (EFC) system, a pan-European standard managed by the European Fund and Asset Management Association...
Flexi Group
Sep 9, 20242 min read


Top 5 European Cities Millionaires Prefer for Relocation in 2024
A recent European Lifestyle Report reveals that around 83% of individuals earning over $1 million who are contemplating moving to another...
Flexi Group
Sep 9, 20242 min read


Cyprus Administrative and Real Estate Services Lead Q2 Growth, Real Estate Rises 10.5%
Administrative, support, and real estate services in Cyprus performed strongly in the second quarter of 2024, according to the latest...
Flexi Group
Sep 6, 20242 min read


Cyprus Development Expenses Hit 29% of Budget by End of July
The implementation rate of development expenses from Cyprus’ state budget reached 29 per cent by the end of July, according to a report...
Flexi Group
Sep 5, 20244 min read


Italian Supreme Court Ruling Sets Precedent in Transfer Pricing Disputes
In a landmark decision, the Italian Supreme Court of Cassation has overturned a long-standing position of the Italian tax authorities,...
Flexi Group
Sep 2, 20243 min read
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