Construction output in Cyprus rose at a slower pace in the second quarter than in the first, according to preliminary data. The production index in construction 154.1 (base year 2000=100.0), recording an
English and Welsh house prices fell by 7.3 percent in the year to October, with the pace of decline accelerating to take prices back to their lowest since March 2006, property consultancy
Hungary has reached agreement with the International Monetary Fund and European Union on a broad economic rescue package, including substantial financing, to stabilize its economy rocked by the global financial crisis, the
South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled to prevent stricken markets from sucking economies
Barack Obama leads John McCain in five of eight crucial battleground states one week before the U.S. presidential election, with McCain ahead in two states and Florida dead even, according to a
By Jim Loney (Reuters) At the height of Miami's condo construction boom, a stretch of South Dixie Highway south of the city was the place to be for a painter or drywaller
The Group of Seven rich nations tried to cool a rally in the yen with a warning against volatility on Monday as Tokyo scrambled to shield its largest banks from a spiralling
Japanese stocks tumbled to 26-year lows on Monday and most other Asian markets fell heavily in chaotic trade as investors feared a flurry of central bank moves would not be enough to
Crisis-hit Iceland agreed to begin formal negotiations with the International Monetary Fund (IMF) to request $2 billion in aid, Prime Minister Geir Haarde said on Friday. Iceland's financial system has all but
By Steve Slater (Reuters) Banks exposed to emerging markets could need to cut dividends or raise capital as recessions in developed economies feed through to Asia and Latin America and leave no
