HIGHLIGHTS 7/40

Apr 111 min read

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...

284 views0 comments

Impressive Growth in Cyprus's Services Sector for 2023, Tourism Rebounds, and Innovations Flourish

Flexi Group

Apr 102 min read

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...

103 views0 comments

MicroStrategy Poised for Bitcoin Halving Surge: Analysts Forecast Price Target Increase and Expansion of Bitcoin Holdings

Flexi Group

Apr 82 min read

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...

63 views0 comments

Gold reached a historic milestone today, surpassing $2,300 for the first time ever.

Flexi Group

Apr 52 min read

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...

457 views0 comments

Retail pharmacy giant Walgreens Boots Alliance owes $2.7 billion in unpaid taxes

Flexi Group

Apr 42 min read

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...

688 views0 comments

Global Fund Managers Show Increased Optimism in Chinese Stocks Amid Regulatory Reforms and Market Dynamics

Flexi Group

Apr 32 min read

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...

416 views0 comments

ETFs Lead in Investor Inflows Over Mutual Funds: Bond Products Shine in February

Flexi Group

Mar 281 min read

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...

504 views0 comments

Cyprus Sees Decline in Business Loan Demand, Housing Loans Stable: Central Bank Report

Flexi Group

Mar 282 min read

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...

222 views0 comments

European Commission Report: Cyprus's Economic Outlook, Opportunities, and Risks

Flexi Group

Mar 272 min read

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...

310 views0 comments

Cyprus Stock Exchange Introduces €25 Million Government Bonds Series 2024

Flexi Group

Mar 221 min read

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...

704 views0 comments

Bitcoin Surges as Fed Chair Powell Maintains Dovish Stance on Rates

Flexi Group

Mar 212 min read

Bitcoin Surges as Fed Chair Powell Maintains Dovish Stance on Rates

Crypto markets experienced a significant rebound on Wednesday, with Bitcoin (BTC) surging towards $67,000 following remarks from U.S....

319 views0 comments

Warning Issued by ForrestBrown: UK R&D Tax Relief Changes Pose Challenges for Accountants

Flexi Group

Mar 202 min read

Warning Issued by ForrestBrown: UK R&D Tax Relief Changes Pose Challenges for Accountants

ForrestBrown, a consultancy specializing in tax credits, has cautioned about the forthcoming alterations to the UK's research and...

334 views0 comments

Assessing Cyprus' Economic Landscape: Insights from the 16th Evaluation

Flexi Group

Mar 192 min read

Assessing Cyprus' Economic Landscape: Insights from the 16th Evaluation

The upcoming 16th evaluation of Cyprus' post-memorandum economic situation is poised to commence next Tuesday, extending through to...

286 views0 comments

UAE Implements Corporate Tax: A New Era in Taxation

Flexi Group

Mar 152 min read

UAE Implements Corporate Tax: A New Era in Taxation

In a paradigm-shifting move, the United Arab Emirates (UAE) has transitioned from its long-standing status as a zero-tax jurisdiction to...

783 views0 comments

JPMorgan's Enduring Commitment: Navigating Business Cycles and Investing in Hong Kong's Financial Future

Flexi Group

Mar 152 min read

JPMorgan's Enduring Commitment: Navigating Business Cycles and Investing in Hong Kong's Financial Future

JPMorgan's unwavering commitment to Hong Kong reflects its long-term confidence in the city's resilience and potential as a global...

796 views0 comments

DNB Fines Crypto.com €2.85 Million for Unregistered Operations in the Netherlands

Flexi Group

Mar 141 min read

DNB Fines Crypto.com €2.85 Million for Unregistered Operations in the Netherlands

The Dutch central bank announced on Wednesday that it has imposed a fine of €2.85 million ($3.11 million) on Crypto.com, a virtual assets...

377 views0 comments

Bill Ackman Ponders Bitcoin's Infinite Potential: A Humorous Yet Thought-Provoking Analysis

Flexi Group

Mar 122 min read

Bill Ackman Ponders Bitcoin's Infinite Potential: A Humorous Yet Thought-Provoking Analysis

Bill Ackman, the renowned founder and CEO of Pershing Square Capital Management, recently turned his attention to the cryptocurrency...

319 views0 comments

Asian Markets Retreat as Strong US Jobs Report Dampens Rate Cut Expectations

Flexi Group

Mar 121 min read

Asian Markets Retreat as Strong US Jobs Report Dampens Rate Cut Expectations

On Monday, a notable downward trend gripped most Asian markets, spurred by a surprising surge in the US jobs report that tempered...

315 views0 comments

Chairman Tim Lui's Bold Proposals: Transforming Hong Kong's Financial Landscape

Flexi Group

Mar 112 min read

Chairman Tim Lui's Bold Proposals: Transforming Hong Kong's Financial Landscape

During the National People’s Congress (NPC) in Beijing, Tim Lui, the chairman of Hong Kong's Securities and Futures Commission (SFC),...

267 views0 comments

Eurobank Cyprus Reports Stellar Financial Performance for 2023 Amidst Economic Challenges

Flexi Group

Mar 112 min read

Eurobank Cyprus Reports Stellar Financial Performance for 2023 Amidst Economic Challenges

Eurobank Cyprus unveiled its financial performance for the fiscal year 2023, revealing a remarkable after-tax profit surge of €199.4...

309 views0 comments