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Invest Cyprus Shines in the Middle East: Fostering Investment and Gateway to Europe
Invest Cyprus, the nation's premier investment promotion agency, embarked on a meticulously planned initiative to underscore Cyprus's...
Flexi Group
May 15, 20242 min read
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Central Bank Report Reveals Detailed Financial Dynamics in Cyprus: Interest Rate Fluctuations and Loan Trends Analyzed
Cyprus witnessed a series of noteworthy developments in its financial sector during March, as highlighted in the latest report from the...
Flexi Group
May 10, 20242 min read
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Navigating Payment Challenges: Russian Firms Turn to Intermediaries in China Amid Sanctions Concerns
The evolving landscape of payments for goods between Russian companies and Chinese counterparts, amidst looming secondary sanctions...
Flexi Group
Apr 30, 20242 min read
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Insights into Cyprus Banking: CBC Report Reveals Trends in Deposits and Loans for March 2024
The recent report from the Central Bank of Cyprus (CBC) sheds light on the intricate dynamics of the Cypriot banking sector, revealing...
Flexi Group
Apr 29, 20242 min read
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Swiss Fund Market Reaches Record High in Q1 2024
The Swiss fund market experienced a robust recovery in the first quarter of 2024, reaching an unprecedented volume of CHF 1.5 trillion,...
Flexi Group
Apr 26, 20242 min read
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Apple Faces Growing Competition from Huawei and Honor in China's High-End Smartphone Market
Apple's dominance in China's high-end smartphone market is being challenged by local competitors, particularly Huawei and its spin-off...
Flexi Group
Apr 25, 20242 min read
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Li Auto Joins Tesla in China's EV Price War Amidst Market Pressure
Li Auto, a major competitor of Tesla in mainland China, has announced a significant price reduction on all its vehicles, following...
Flexi Group
Apr 24, 20242 min read
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U.S. Mulls Sanctions on Chinese Banks: Navigating the Complex Dynamics of Global Trade and Military Support
Amid escalating tensions between the United States and China, reports indicate that the U.S. is in the process of formulating sanctions...
Flexi Group
Apr 23, 20243 min read
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European ETF Market Hits Record High in Q1 2024 Despite Shifts in Investor Preferences
In the first quarter of 2024, the European Exchange-Traded Funds (ETFs) market showcased resilience, reaching a record high in assets...
Flexi Group
Apr 18, 20242 min read
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South Africa's FSCA Grants Approval to 59 Cryptocurrency Platforms Amid Regulatory Evolution
South Africa's Financial Sector Conduct Authority (FSCA) has taken a significant step in the regulation of cryptocurrency platforms,...
Flexi Group
Apr 16, 20242 min read
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In 2023, Cyprus witnessed a remarkable surge in the profitability of its banking sector, with profits soaring by an impressive 644 percent to reach €1.27 billion
This substantial increase, as revealed by data from the Central Bank of Cyprus (CBC), was attributed to the prevailing high-interest...
Flexi Group
Apr 11, 20241 min read
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Impressive Growth in Cyprus's Services Sector for 2023, Tourism Rebounds, and Innovations Flourish
The Employers and Industrialists Federation (Oev) has lauded the impressive performance of the services sector in 2023, citing...
Flexi Group
Apr 10, 20242 min read
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MicroStrategy Poised for Bitcoin Halving Surge: Analysts Forecast Price Target Increase and Expansion of Bitcoin Holdings
In anticipation of the upcoming Bitcoin (BTC) halving slated for around April 20, brokerage firm Benchmark has highlighted MicroStrategy...
Flexi Group
Apr 8, 20242 min read
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Gold reached a historic milestone today, surpassing $2,300 for the first time ever.
Powell's speech underscored that despite concerns over inflation, the broader economic policy remains steady, signaling potential...
Flexi Group
Apr 5, 20242 min read
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Retail pharmacy giant Walgreens Boots Alliance owes $2.7 billion in unpaid taxes
The US Internal Revenue Service (IRS) is pressing retail pharmacy giant Walgreens Boots Alliance for $2.7 billion in unpaid taxes, citing...
Flexi Group
Apr 4, 20242 min read
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Global Fund Managers Show Increased Optimism in Chinese Stocks Amid Regulatory Reforms and Market Dynamics
Global fund managers are displaying a newfound optimism towards Chinese stocks following a flurry of proactive measures by the securities...
Flexi Group
Apr 3, 20242 min read
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ETFs Lead in Investor Inflows Over Mutual Funds: Bond Products Shine in February
ETFs have outpaced mutual funds in attracting investor funds during the first two months of the year, with estimates showing ETF...
Flexi Group
Mar 28, 20241 min read
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Cyprus Sees Decline in Business Loan Demand, Housing Loans Stable: Central Bank Report
In the final quarter of 2023, Cyprus witnessed a decline in the net demand for new business loans, continuing a downward trend observed...
Flexi Group
Mar 28, 20242 min read
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European Commission Report: Cyprus's Economic Outlook, Opportunities, and Risks
The European Commission has recently unveiled a comprehensive report detailing the economic outlook for Cyprus, painting a largely...
Flexi Group
Mar 27, 20242 min read
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Cyprus Stock Exchange Introduces €25 Million Government Bonds Series 2024
The Cyprus Stock Exchange (CSE) has unveiled a significant development in the financial realm with the introduction of 25,000 new...
Flexi Group
Mar 22, 20241 min read
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