Chinese equities, the best wagon on the train

Recent data increasingly support the view by Swiss investment bank, UBS that US growth is about to slow. This has significant implications for Asia, with its numerous export-oriented economies. UBS find that

UBS suggests to buy euro on dips

EURUSD has trended sideways as expected over the past two weeks. Both the upper and lower ends of the range between 1.268 and 1.296 were tested, albeit unsuccessfully. The recent trend has

Petrolina cuts dividend on lower profit

Petrolina Holdings Pcl (PHL), the fuel and lubricant distributor with its own network of petrol stations announced a sharply reduced interim dividend for 2006 as its first half profits came under pressure.

Demetra profit surge to CYP 17.5 mln

Demetra Investments Pcl (DEM), the island’s largest investment company with 200.000 shareholders on its registry reported a spectacular increase in first half profit to CYP 17.5 mln on the back of a

Hellenic beats profit forecast

…H1’06 profits help revise targets Hellenic Bank Pcl (HB) beat analyst expectations delivering a strong set of first half profit amounting to CYP 15.3 mln compared to CYP 794.000 a year ago

Hellenic open to ‘cooperation’

Hellenic Bank Pcl (HB) is open to cooperation with any group that will boost shareholder value, said HB CEO Makis Keravnos during the presentation of the Bank’s first half results. Pressed by