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1. HSBC buys failed Silicon Valley Bank in bid to stem fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

2. Thinking of investing in real estate? Don’t do it.

A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....

3. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

4. Cyprus is bursting, like a fat guy out of his leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

5. Can something really come from Nothing?

A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....

6. Op-ed: Inflation welcomes 'Generation Z'

Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....

7. Fiji frees Cypriot brothers on time served

Two Cypriot brothers accused of money laundering through credit cards in Fiji have been released, with a court sentencing them to time served after spending two years in remand...

8. Cypriot hacker pleads guilty in Atlanta

A Filipino-Cypriot young man who was extradited to the United States last year on cyber crime charges has pleaded guilty after reaching a plea agreement with federal prosecutors...

9. FBI offers deal to 'Cypriot hacker'

A young man known as the “Cypriot hacker” who was flown to the United States last summer to face trial, may have a deal after all, with reports saying Joshua Polloso Epifaniou is ready to enter a plea but it is unclear if he would need to do jail time halfway around the world...

10. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

11. Woman loses 20 grand in bitcoin scam

A woman in Limassol says she lost over €20,000 after an unknown person convinced her to invest real money in cryptocurrency...

12. More Cypriots ditch cash during pandemic

Cypriot consumers are increasingly turning to debit and credit cards as opposed to traditional cash payments for their daily needs amid the coronavirus pandemic, data by JCC payments systems show ...

13. Greek forces use tear gas to repel migrants

Greek riot police and troops used water cannon and tear gas on Wednesday against hundreds of migrants as they made another attempt to cross the border from Turkey into Greece....

14. Cypriot hacker loses extradition appeal

A young hacker will be the first Cypriot national to be extradited to the United States and could face up to 20 years in prison after losing his appeal last week...

15. Cypriot hacker to be extradited to US

A young hacker could be the first ever Cypriot to be extradited to the United States, while his lawyers are urging him to file an appeal...

16. Nuvei to buy in cash Cyprus based fintech firm SafeCharge for $889 million

17. Filipina who escaped Orestis speaks out

New information emerged about the alleged serial killer, with another woman from the Philippines coming forward with shocking details of how she escaped alleged serial killer Nikos Metaxas days before the first body discovery...

18. Bank of Cyprus launches BoC Wallet App

You νo longer need to carry your wallet to pay for your purchases, all you need is your mobile phone...

19. Nigerian in Paphos behind Spanish prisoner scam

The 35-year-old suspect in Paphos’ Spanish prisoner scam has been identified as a Nigerian national, who was arrested Thursday along with his 25-year-old girlfriend for swindling €117,000 out of a retired teacher...

20. Second arrest in Spanish prisoner scam

A second suspect is in police custody in Paphos in connection with a Spanish prisoner scam, where a 63-year-old woman was duped into wiring a total of €117,000 to a man she met online...

21. Woman duped in 'Spanish prisoner' scam

Police arrested a 60-year-old Nicosia man Sunday evening on fraud charges in connection with an advance-fee scam, following a complaint filed by a 63-year-old teacher who says she was duped into wiring a total of €117,000...

22. Cypriot hacker stuck between a rock and a hard place

The future prospects of a 19-year-old Cypriot hacker are still unknown, as the FBI is seeking extradition to the US in connection with wire fraud and his lawyers are fighting to keep him in local courts...

23. UK Court convicts Cypriot drug lord’s mother

A UK court has convicted a Cypriot woman, mother of a drug lord in Cyprus, of talking part in an illegal drug trafficking network by making trips around London to collect money on her son’s behalf...

24. Cypriot mother-son duo involved in illegal drug entreprise

Two Cypriots, mother and son, are involved in a case of international illegal drug trafficking, with UK authorities saying the woman in London was making trips to collect money on her son’s behalf...

25. Bail reversed for Cypriot brothers in Fiji

Two Cypriot brothers remain in custody in Fiji on charges of money laundering, after a high court reversed a previous bail ruling, citing the seriousness of their alleged crimes and possible long sentences. ...

26. J&P starts to pay workers again

J&P workers in Saudi Arabia finally got their December pay cheque following a protracted labour dispute with the management of the Cypriot company, which is facing a number of financial challenges. Cypriot workers are still waiting to get paid but it looks like they will have to wait until after the Easter holidays....

27. Extradition case of Cypriot hacker delayed

The extradition hearing of a 20-year-old man in Cyprus, accused of wire fraud and wanted by the FBI, was interrupted Thursday after his defence team accused the prosecutor of withholding evidence and presenting an reliable witness. His Cypriot trial is scheduled to go forward April 3....