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Flexi Group
1 hour ago2 min read
EBA Releases Stress Test Scenarios to Assess Resilience of Cypriot Banks
The European Banking Authority (EBA), working alongside the European Systemic Risk Board, has published macroeconomic scenarios for the...
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Flexi Group
1 day ago2 min read
Hong Kong Stocks Rally Following Positive Dialogue Between Trump and Xi
Tech Leaders JD.com, Alibaba, and Baidu Drive Gains Amid Hopes of Improved US-China Relations Hong Kong stocks surged on Monday after a...
295 views0 comments
Flexi Group
2 days ago2 min read
Trump Announces Creation of External Revenue Service to Collect Tariffs and Duties
President-elect Donald Trump has announced the creation of an External Revenue Service (ERS) that will be tasked with collecting tariffs,...
288 views0 comments
Flexi Group
2 days ago1 min read
JPMorgan Reports Record Annual Profit Boosted by Market Recovery
JPMorgan Chase (JPM.N) has announced record-breaking annual profits, driven by a surge in market activity during the fourth quarter. The...
274 views0 comments
Flexi Group
5 days ago2 min read
Cyprus Faces Potential Impact from Spain's New Property Tax Regulations
Cyprus may experience significant repercussions from Spain’s recent introduction of new property tax regulations aimed at curbing real...
894 views0 comments
Flexi Group
6 days ago3 min read
Tax Systems Launches Pillar2 Software to Simplify OECD Pillar Two Compliance
Global tech provider Tax Systems has introduced a new software solution, Pillar2, aimed at helping businesses save time and minimize...
271 views0 comments
Flexi Group
Jan 151 min read
Cypriot Banks Report €952.5 Million in Post-Tax Profits for First Nine Months of 2024
The Central Bank of Cyprus (CBC) has disclosed that Cypriot banks achieved total post-tax profits of €952.5 million during the first nine...
316 views0 comments
Flexi Group
Jan 144 min read
Navigating Complexity in India’s Evolving Taxation Landscape
India’s taxation system has seen remarkable advancements over the years, evolving in tandem with the country’s economic growth. However,...
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Flexi Group
Jan 132 min read
Cyprus Aims to Resolve Schengen Membership Technical Issues by Year-End
Cyprus is set to resolve all remaining technical issues necessary to join the Schengen free-travel zone by the end of this year,...
310 views0 comments
Flexi Group
Jan 102 min read
OPEC Oil Output Dips in December Amid UAE Maintenance and Iranian Decline
OPEC's oil production fell in December after two consecutive months of increases, according to a Reuters survey released on Tuesday. The...
1,183 views0 comments
Flexi Group
Jan 82 min read
Central Bank of Cyprus Reports Decline in Deposit and Lending Rates, Surge in Large Corporate Loans
The Central Bank of Cyprus (CBC) announced on Tuesday a decrease in most deposit and lending rates for November, with the notable...
568 views0 comments
Flexi Group
Dec 18, 20243 min read
Digital Banking Revolutionizes Cyprus’ Financial Sector
The financial landscape in Cyprus is undergoing a profound transformation as digital banking technologies, collaborations with fintech...
363 views0 comments
Flexi Group
Dec 16, 20242 min read
Bitcoin Surges Past $105,000 as Trump Promises Crypto-Friendly Policies
Bitcoin's remarkable ascent continued today, with the cryptocurrency's price surging more than 3% during Asian trading hours, surpassing...
476 views0 comments
Flexi Group
Dec 11, 20242 min read
Cyprus Banks Prepared to Adjust Interest Rates Following ECB’s December Meeting
The Association of Cyprus Banks announced on Tuesday that it is ready to immediately adjust interest rates tied to the European Central...
500 views0 comments
Flexi Group
Dec 9, 20241 min read
Cypriot Economy Achieves ‘A’ Grade Upgrade by Fitch Ratings
The Cypriot economy has been upgraded to grade "A" by Fitch Ratings, a milestone celebrated by President Nikos Christodoulides as a...
285 views0 comments
Flexi Group
Dec 5, 20241 min read
Bitcoin Breaks $100,000 Barrier Following Trump's SEC Pick Announcement
In an unprecedented milestone, Bitcoin, the world's leading cryptocurrency by market capitalization, surged past the $100,000 mark in...
299 views0 comments
Flexi Group
Dec 5, 20242 min read
Cyprus Strengthens Foreign Investment Opportunities with Successful Saudi Arabia Mission
Invest Cyprus announced on Wednesday that it successfully concluded a mission to Saudi Arabia, marking a significant step in bolstering...
473 views0 comments
Flexi Group
Nov 28, 20243 min read
Cyprus Maintains Economic Stability but Faces Sectoral Risks, EU Report Highlights
The 17th post-programme surveillance mission by European authorities has affirmed Cyprus’ economic and financial stability while drawing...
292 views0 comments
Flexi Group
Nov 28, 20242 min read
Australia Approves OECD’s Pillar Two Minimum Corporate Tax Rate
In a landmark decision, Australia’s Senate has passed three critical bills with amendments to implement the OECD’s global minimum...
594 views0 comments
Flexi Group
Nov 27, 20243 min read
The Role of Artificial Intelligence in the Post-Pandemic Global Economy
In the wake of the pandemic, the global economy is grappling with sluggish growth, persistent inflation, slow progress on sustainability,...
417 views0 comments
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