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 Central Bank of Cyprus, Christodoulos Christodoulou is confident that Cyprus based banks will rise to the challenge. During a speech at 6th

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 with the German bund yielding 3.76%, according to Financial Mirror data. The yield on the 5-year bonds made a big move, from 3.51%

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 that the decrease was mainly observed in the sector of wholesale and retail trade and in the sector of public administration. Unemployment among

Epson has launched its new all-in-one multi-function device, the Stylus CX4900 Series in the Middle East. The cost-efficient all-in-one incorporates fast printing and copying speeds to deliver high-quality printing, scanning and copying capabilities for the home. Featuring Epson’s unique Micro Piezo technology and DURABrite Ultra ink, the Stylus CX4900 Series offers a print resolution of