The number of property sale contracts in April fell 54.9% Year-on-Year according to the Cyprus Land Registry Department. This follows the 64.7% reduction in the number of property sale contracts in the
President of the Republic of Cyprus Demetris Christofias concludes Thursday his official visit to Qatar heading a multi-member delegation. President Christofias accompanied by his spouse and the members of the Cypriot delegation
The Bank of England left interest rates at a record low 0.5 percent for a second month running on Thursday and said it would increase the size of its asset purchase programme
The European Central Bank was set to cut interest rates to a record low of 1.0 percent on Thursday, giving shares another reason to rise after the U.S. treasury secretary indicated the
New car sales in Britain fell an annual 24 percent in April, the Society of Motor Manufacturers and Traders said on Thursday, but it expressed optimism that a brighter future lay ahead.
World stocks rose more than one percent on Thursday to their highest levels of 2009 as investors bet on a stabilisation of the ailing world banking system, battered emerging markets and the
Oil rose towards $58 a barrel on Thursday as a surge in global stock markets raised expectations of economic recovery and of increased demand for oil products. U.S. light crude for June
European shares rose early on Thursday, extending a winning streak to seven days, with banks taking the lead as investors awaited Bank of England and ECB interest rate and policy decisions. By
The Bank of England looks set to leave interest rates at a record low on Thursday and may give little away about the future of its asset purchase scheme ahead of new
Part-nationalised British lender Lloyds Banking Group said bad debts on corporate loans were rising significantly as the economy deteriorates and it reiterated it expected to make a loss in 2009. Lloyds, which
