Watch out house prices The price of construction materials continues to rise faster than overall consumer prices. According to the Statistical Service CYSTAT, the price index of construction materials for August 2006
Civil engineering booms, hotels out of favour The number of building permits authorised rose by 11% year on year to reach 837 in June and provided for 1,739 dwelling units. For the
The Board of Directors of Universal Bank Pcl (USB) rejected the public offer for the acquisition of a minimum of 50% plus one share and a maximum 60% of the issued share
The move above the 1.2800 resistance area proved to be short lived after better than expected US resale data forced the late dollar shorts to cover positions. With the near term top
A decision by a Cypriot judge to block the roaming income of Telsim, the Turkish telecom that was recently acquired by Vodafone has forced the British multinational from transferring such roaming income
Although daily volatility on the bond markets remains high, yield spikes have abated. Yields will probably trend sideways for the next several months, with large fluctuations on either side unlikely, according to
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
…Athens expansion contemplated Ermes Department Stores Public Ltd., announced that it has received approval from the Securities and Exchange Commission to proceed with its share offering, and at the same time the
