Panasonic, one of the industry leaders behind the development of Blu-ray Disc technology and the market leader in Plasma television, announced the availability of the DMP-BD10A, the next generation Blu-ray Disc player. It features an audio upgrade package that brings high end surround audio to the viewing experience via the inclusion of 7.1 channel surround,

The authorities in Greece have lifted all the capital restrictions against Aspis Pronia SA, giving it a clean bill of health after it emerged that it has a surplus capital of EUR 13.87 mln, over and above the minimum requirements as set by Greek law. In a December 19, 2007 decision, the Greek authorities lifted

Commercial Value SA, the Greek insurer and member of the Aspis Group that recently secured a license to operate in Cyprus, is close to submitting its application to list on the Cyprus Stock Exchange. Commercial Value, the only BB- rated from Fitch insurance company in Greece has given the mandate for the preparation of the

As from 1st November, 2007, the Central Bank of Cyprus ceased to be the regulatory authority for the following financial services companies (investment advisors).   AMESTY LTD  AQUILA FINANCIAL SERVICES COMPANY   ATI ASSOCIATES (CYPRUS) LTD  BARBICAN FINANCIAL SERVICES LTD    CARATFIN LIMITED  CONSTANT FINANCIAL SERVICES (OVERSEAS) LTD  DAVENPORT CHADWICK & CO LTD DEVERE & PARTNERS LTD  ELITE

The Bank of Cyprus completed on 20 December 2007 the issue of Capital Securities 12/2007 amounting to CYP74mln or EUR126.44 mln, which are counted as Tier 1 Capital for capital adequacy purposes. The Capital Securities were allocated to professional investors (as defined in Law 114(Ι)/2005), and to persons who invested at least EUR50.000 each. Bank

Overall gain 23.6%, dividend yield 3.5% – Market cap at €20.5 bln, 33% more than GDP   Cyprus equities ended 2007 on a positive mood, racking up solid gains of 23.6% compared to 2006, for one of the best performances in Europe, which combined with the average dividend yield of 3.5%, raises the total gains

Gold firmed on Thursday, nearing a record high above $861 an ounce hit the previous day, and dealers said the precious metal might test new peaks in coming weeks as oil’s leap to $100 a barrel ignited inflation fears. Gold soared more than 30 percent in 2007, its biggest annual gain since 1979. The metal’s