Micro News

Micro News

The Singapore market is the “place to be” for investors according to Credit Suisse. This is due to it trading at favourable valuations, offers a mixture of cyclical exposure and is a beneficiary of higher interest rates. Currently, the Singapore market has a 12-month forward P/E ratio of 12.4 times…


RCB Bank means to remain in Cyprus in order to continue developing its operations and adjusting to stricter anti-money laundering rules. This is irrespective of the increasing geopolitical tensions and subsequent sanctions imposed by the United States and also, the European Union targeting Russia, which…


Banks and the legislature seem to have initiated a gentlemen’s agreement which will solve the issue of home buyers without title deeds. In return for the approval of bills which would make it easier for banks to collect their dues, the bank association agreed not to issue any objections over the matter…


Paphos municipality have announced that it has received 10 applications for constructing high-rise buildings varying between 8 and 20 floors. The municipality have stated that it has decided to publicly announce for transparency reasons, a list of details regarding the submitted applications until the…


According to sources, China is pushing the European Union to release a powerful joint statement against Trump’s trade policies at a summit later in July. The state media in China has promoted that the EU is on the side of Beijing. Senior Chinese officials including the government’s top diplomat, State…


The OECD (Organisation for Economic Cooperation and Development) have recently stated that rapidly-growing tech firms are taking an increasing share of national income in many countries. This results in workers’ overall wage growth being repressed. A carried out study also showed that firms such as…


Accenture’s Group CEO for Growth Markets believes that Blockchain can help solve social issues. 1.1 billion individuals, nearly one sixth of the world’s population, currently live without proof of identity. And so, Accenture is a founding partner of the ID2020 Alliance which uses biometrics including…


Google has recently confirmed that its 3rd party app developers do have access to private Gmail messages however only if the app and developer have been vetted and only if users have given clear permission. Gmail stands to be the most popular emailing platform in the world with 1.4 billion users. The…


2,400 more bank branches may be closed in the coming years, putting 12,000 people at risk of losing their jobs, according to sources. According to research commissioned by the Nottingham Building Society, the banks in the UK could provide efficient national coverage with only 600 branches each. David…


The EU extracted and analysed food samples from Cyprus as part of an EU wide study targeting food quality has unveiled that Cyprus has one of the highest rates of pesticide residue levels in food. At the top of list is Malta. Following this, the report highlight that out of the 673 samples taken from…



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