Laiki lifts 9M profits by 105%

…share price breaks above EUR 7 level   Laiki Bank Pcl (CPB) beat market expectations lifting first nine month profits by 105.4% year-on-year to CYP 62.6 mln or EUR 108.5 mln as

Industrial turnover outpaces production

The industrial turnover index (comprising mining and quarrying, manufacturing, and electricity, gas and water supply) reached 116.3 units (Base 2000=100) in August 2006, recording an increase of 7.3% compared to August 2005.

G20 fails to comment on euro/yen

The dollar rose against the yen as the market brushed off a weekend meeting of Group of 20 countries that discussed currency values but offered few surprises. The euro climbed broadly, pushing

Construction costs up by 5.15% in Jan-Oct

According to the latest data from the Statistical Service, construction materials prices in the period January-October 2006 rose by 5.15% over the corresponding period of the previous year. The price index of