Laiki rights to trade next Monday

The CSE Council and the Association of Financial Service Providers (KEPEY) with the consent of the Securities & Exchange Commission agreed to allow the trading of the Laiki Bank rights in one

Cyprus 10-yr bond yield above bunds

…Massive over-subscription for Cyprus bonds A multiple bond auction held by the Central Bank of Cyprus on behalf of the government was heavily over-subscribed, with the 10-year bond yield moving back above

LTV cuts NOVA Cyprus transmission

LTV said effective Friday July 7 it has terminated the transmission of the LTV channel from NOVA Cyprus, but there are no problems with the analogue customers. The above termination became imperative

PayPal fixes phishing hole

PayPal has fixed a flaw in its Web site to block a sophisticated scam designed to obtain sensitive data from members, CNET reports. By exploiting the flaw, attackers were able to redirect

Two new World Cup worms appear

Two new email worms are exploiting interest in the World Cup to attack computers and turn them into part of a botnet, SC Magazine UK reports. The Sixem.A worm spreads using a

Poland and Cyprus in energy, commerce talks

Cyprus and Poland are in talks about co-operation on a range of issues, including energy, it emerged on Thursday. The recently appointed Minister of Commerce, Industry and Tourism, Antonis Michaelides, met Poland’s

ECB hints at 25bp in August

At the meeting of the Governing Council of the European Central Bank on Thursday July 6 the Council decided that the minimum bid rate on the main refinancing operations and the interest

BOC seeks approval for Emporiki bid

Bank of Cyprus Pcl has applied to the Cyprus Competition Commission seeking approval of its bid for control of Emporiki after it secured the relevant permission from the Greek Capital Markets Commission