By Dr. Jim Leontiades, Cyprus International Institute of Management  You can’t beat the market. That is the view of most researchers who have studied stock markets in depth. So how is it that some investors have been able to do it? The most notable of these success stories is the famous Mr. Warren Buffett
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The chaos that has been created by the traffic jams that are clogging up the roads leading in and out of the new hospital area cannot be blamed solely on the grandiose mall that has sprung up, luring thousands of consumers to the crowded triangle on the southern outskirts of the capital. The phenomenon should
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Sterling reversed its gains as the RICS survey showed that house prices declined at the fastest pace for two years in September. The price balance dropped sharply from -3.3 to -14.2% in September, its lowest level since September 2005. The sales to stock ratio increased slightly, but the RICS noted that enquiries from potential buyers
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The Church of Cyprus has increased its stake in Cyprus’ third largest lender, Hellenic Bank Pcl (HB) through big block trading passed through the Cyprus Stock Exchange on October 10, 2007. Specifically, Athena Cyprus Investments (ATH), which was successfully acquired by Hellenic Bank earlier in the year sold 2.8 mln shares of HB at EUR
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The Cyprus Stock Exchange announced the suspension of trading of the titles of Woolworth (Cyprus) Properties Plc from Thursday, October 11, 2007 to Tuesday, October 30, 2007 (inclusive) after the Company’s request for the proper completion of the transfer of shares that have been offered by the acceptors of Woolworth (Cyprus) Properties Plc to Cyprus
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The dollar fell against the euro on speculation that the Federal Reserve may cut interest rates again this year to prevent a weak housing sector from damaging the broader economy. Comments by former Fed Chairman Alan Greenspan and by San Francisco Fed President Janet Yellen heightened concerns about the economy, adding to fears that signs
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Cypriot Foreign Minister Erato Kozakou – Marcoullis completed her visit to Kyrgyzstan, the first ever official visit by a Cypriot FM in the country amid reports, denied by the government that the visit was rushed through following concerns that Kyrgyzstan might initiate direct flights to the north, a move that is feared would upgrade the
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Cyprus informed the Government of Lebanon, that it has selected the project “Good Governance for Enhanced Post-War Reconstruction: An Integrated Approach to Respond to Recovery in Southern Lebanonâ€, and will make financial contributions over the next two years as a proof of the feelings of friendship, respect and mutual support that have linked the two
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The European Commission will look into ways to minimize the impact on Cyprus of the order of the Court of Justice of the European Communities for as many as 116.000 sheep and goats on the island to be culled over scrapie fears. In response to a question by CNA on the ruling of Court of
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Turkey condemned a House panel’s approval of a bill describing the World War I-era mass killings of Armenians as genocide. The House Foreign Affairs Committee passed the bill Wednesday by a 27-21 vote despite intense lobbying by Turkish officials. The committee’s vote was a triumph for well-organized Armenian-American interest groups who have lobbied Congress for
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