Dovish SNB pushes EUR/CHF higher

On 14 September, the Swiss National Bank decided to lift its target rate by 25 basis points to 1.75%, meeting the market’s expectations. Surprising to both UBS and the market was the

HNS bids for Spidernet Services

HNS Limited announced that it decided to submit a Public Offer to the shareholders of Spidernet Services Public Ltd (SNET) for the acquisition of a minimum 51% and maximum 100% of the

UBS ups target on HB

UBS has revised higher its price target on the share price of Hellenic Bank Pcl (HB) to CYP 2.40 from CYP 2.00 previously, implying a 70% capital appreciation opportunity compared to current

Cyprus prepares to elect new Archbishop

Just about half of the Greek Cypriot population went to the polls Sunday to start the final process to elect a next Archbishop, after incumbent Chrysostomos was declared unfit following a major

Loeb wins Cyprus rally third year in a row

French driver Sebastian Loeb won the twelfth round of the World Rally Championship in Cyprus Sunday for the third year in a row, placing him closer to securing his third consecutive world