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A reduction in aircraft traffic was recorded at Larnaca and Paphos airports during July and August 2007, compared with the corresponding period last year. An official press release issued here said that

2-year Treasury notes have posted their biggest gains in more than five years. Deepening concerns about housing and credit-market losses sent investors flocking to the safety of Treasury bonds. The yield on

With energy requirements and climate change remaining key issues, there is a need for more explicitly green environmental strategies, writes Giorgio Cortiana in the latest issue of UBS Investor’s Guide. The US

Government bonds have once again shown themselves to be a safe haven during the recent market turmoil. Now, however, there may be clouds on the horizon for the bond markets according to

Emerging Asian currencies (AXJ) have gained ground against the USD. However, AXJ strength reflects a passive appreciation, since they have lost strongly versus other G10 currencies. Asian central banks’ foreign reserve growth

UBS analyst Thomas Flury expects EURUSD to top out at around the 1.45 level according to the latest UBS Investor’s Guide. Fed rate cut expectations are already very high and will hardly

Marfin Investment Group (MIG) announced that it has reached an agreement for its participation in the largest department store chain in Serbia, JSC Robne kuće Beograd (RKB), after an auction that was

The prospects of Lombard Bank Malta plc have improved following the decision of Marfin Popular Bank to acquire a 43% shareholding for EUR48.3 mln (Lm20.7 mln); equivalent to approx. Lm5.58 per share,

The investing public is informed that the interest for the quarter 20/08/2007-19/11/2007 on the floating rate Capital Securities Series A and Series B issued by Bank of Cyprus Public Company Ltd will