BOC set to enter Russia early ’07

FTSE/XA 40 inclusion from June 1 20% held by foreign institutionals Pension fund liability CYP 35 mln Having staged the most dramatic turnaround in the results of any large organisation in Cyprus,

EUR 100 mln fund to invest in Cyprus

European equities: still a good buy The SFM Group will launch the World Investment Opportunities Funds (WIOF) in Cyprus today, a Luxembourg fund of funds with some EUR 100 mln under management.

Chart Talk

BOC shares rallied from last week’s low with the price action resembling the action in November 2005 when on 25 & 30, the 90-day was tested twice (at 2.24) and held and

SFS profits surge 256% in Q1’06

SFS Group Public Co. Ltd. (SFS) reported a spectacular 256% increase in net profit for the first quarter of 2006 as total income surged 32% on the back of an improvement in

CAIR service charge from June 1

…another CYP 2.5 fuel surcharge imposed Cyprus Airways (CAIR) confirmed an exclusive Financial Mirror report by announcing the introduction of a new service charge that will add between CYP 10 and CYP

Euro breaks higher

EUR/USD: The euro has completed its correction and is now on its way up with market attention fixed on the likely appointment of Don Evans succeeding TreasySec. John Snow. While Snow was