Micro News

Micro News

Israeli Energy Minister Yuval Steinitz told Cypriot leaders on Tuesday that Israel wants 5% or more from the joint Aphrodite-Yishai natural gas field in the southeast. The dispute with the Cypriots is about how the Israeli share will be guaranteed because it’s the Cypriots who will be developing the…


The EU have insisted on taking unilateral control over if and how the banks in the UK will be able to operate after Brexit. On Tuesday ministers will discuss and agree on this matter. Leaders’ summit will be on Friday. Ministers who are responsible for the preparation of the EU’s joint negotiation stance…


According to HSBC Expat Explorers Survey, 24% of expats in Hong Kong think that they have fantastic job opportunities compared to the 19% expats in Singapore. Jakarta follow Hong Kong, as 18% expats in Jakarta say that they have great job opportunities in the country. Sahnghai (16%), Mobmai (14%), Kuala…


USD $700bn is the biggest budget increase the US Pentgagon has ever seen. That means the US army can succeed more troops, more training and more ships. Donald Trump signed a new budget Bill on Friday which includes enormous spending for the military: the Pentagon will get $94bn more this year (increase…


The tighter control by Chinese authorities can remove HENI (the High net worth Individuals) away from Hong Kong. As to Bloomberg, Singapore is slowly becoming the preferred overseas investment location for the High net worth Individuals of China, over its close regional rival Hong Kong which enforces…


Limassol: High Rise Development Projects

A cabinet approval for the construction of two buildings near the coast which is contrary to a court decision on how it will impact on local residents, is currently evaluated by Limassol municipality. This case concerns Blue Marine project of 300 million Euros. An undertaken investment by Leptos Estates,…


Singapore: Web Bubble in Fintech Hype

This is the message from Ravi Menon, the Managing Director of Monetary Authority of Singapore, for investors who try to navigate in technology financial services industry. Memon, said that people should be more suspicious and wary of lending platforms and cryptocurrency ‘s rabidly rising prices. Central…


US extradition for an Ex HSBC Executive

Stuart Scott, 45, one time executive of currency trading at HSBS (London) can be extradited to US and face fraud charges, British court ruled. Westminster magistrates Court did not rule on whether Scott is Guilty or not. He strongly denied the charges and will appeal this ruling.  This decision is…



Cyprus:
+357 25 02 50 34
Singapore:
+65 315 91 676
Russia:
+7 812 458 46 22
Skype:
eltoma.0015