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general

GENERAL

CySEC Praised for Enhanced Oversight of Cross-Border Activities

Nicosia: A report by the European Securities and Markets Authority (ESMA) has found ‘clear progress’ in the Cyprus Securities and Exchange Commission’s (CySEC) supervision of investment firms’ cross-border activities, acknowledging the strengthening o…

Record High Temperatures Sweep Across Cyprus

Nicosia: Cyprus is experiencing a significant rise in temperatures, with several regions recording some of the highest temperatures of the season. According to Cyprus News Agency, the Department of Meteorology released the latest data indicating that …

MEDICAL

GOVERNANCE

Hold Israel accountable for terrorism: Maldives president tells UN

ISTANBUL: Maldivian President Mohamed Muizzu urged the international community on Tuesday to hold Israel accountable for ‘acts of terrorism’ as he pushed back against violation of international law. ‘Israel must be held accountable for these acts of terrorism, for these violations of international law and UN resolutions,’ Muizzu told the

Turkish, Serbian presidents meet in US for talks

WASHINGTON: Turkish President Recep Tayyip Erdogan and his Serbian counterpart Aleksandar Vucic met on Sunday in New York for talks. The closed-door meeting at the Turkish House came on the sidelines of the 79th session of UN General Assembly (UNGA). Trkiye sees Serbia as an important country for the stability

MARKET

Trkiye aims to boost exports, strengthen trade ties with Japan

ANKARA: Trkiye’s trade volume with Japan, one of its target countries for increased exports, rose 49% in 2019-2023 from $4.1 billion to $6.1 billion, as Trkiye aims to boost its exports to Japan via its current strategy.

Trkiye’s exports to Japan bet…

ECB expected to cut deposit interest rate to 2%, experts say

ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.

According to estimates in the mon…