The yen fell to its lowest in almost four years after the Bank of Japan voted to delay an increase in its benchmark interest rate, the lowest among major economies. The BOJ
Demetra Investments Pcl (DEM) announced its decision to invest an amount of CYP 3 mln or EUR 5 mln to acquire a 10% participation in Eliades Anatolikon Leisure Resorts which undertakes the
Motorola Inc. announced an agreement with Mahanagar Telephone Nigam Limited (MTNL), for the supply of a Universal Mobile Telecommunications Service (UMTS) cellular network for Delhi and the National Capital Region (NCR). Under
Panasonic will participate in the Intersec Exhibition, the largest security exhibition in the Middle East, to present its new line of integrated security management system in the region. Panasonic along with NetAvis
Marfin Popular Bank (CPB) has called on the regulatory authorities in Greece and Cyprus to intervene and order Michalis Salas, Chairman of Piraeus to retract his alleged statement according to which, “I
The Bank of Cyprus Group preliminary financial results for the year ended 31 December 2006 and the possible payment of a final dividend will be examined by the Board of Directors at
The CSE announced that Acropolis Securities AEPEY, a member of ATHEX has joined the Cyprus Stock Exchange as a remote member, effective January 22, 2007. The number of remote members of the
KBW, the respected international firm has criticized the tactics followed by Piraeus Bank in its bid seeking control of Marfin Popular Bank. KBW says the credibility of Piraeus is on the line
The shares of the three banks involved in the tit-for-tat merger, counter-merger and takeover attempts, Piraeus, Bank of Cyprus and Marfin Popular Bank rallied higher on Thursday as investors warmed up to
According to a decision of the Board of Directors dated June 16, 2006, Amathus Public Limited will proceed with the issue of up to 35,218,480 Rights and up to 17,609,240 warrants. The
