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…BOC takes the lead again The Cyprus Stock Exchange GENX hit a fresh record high for the year on the back of a spectacular rally in banking shares on Tuesday, led by

Piraeus Bank, which holds 8.2% of the capital of Bank of Cyprus is waiting for BOC’s Board reshuffle following the recent resignations and the appointment of a new Chairman before making a

Retail trade volumes remain strong, with provisional results for July showing an increase of 6.2% compared with July 2005 and 7.6% compared with the previous month. In June, volumes rose by 3.2%

Logicom Pcl (LOG) reached an agreement, on 29 September 2006, with the Ministry of Communications and Works and with the French syndicate ‘THALES Telecommunications’ for the design and implementation of the National

New capital as well as other regulatory requirements that are expected to go into effect from January 2007 are perhaps one of the key challenges facing Cyprus banks, but the Governor of

The 10-year bond yield remained steady, declining marginally to 4.26% from 4.28% before following the latest auction carried out on October 5, but the 50bps gap with comparable German 10-year bunds prevailed

The number of unemployed persons registered at the District Labour Offices on the last day of September 2006 reached 11,092, a decrease of 457 compared with September 2005. The Statistical Service reported