But values still up Nicosia prices rising fastest The number of building permits authorised dropped by 1.5% on the year-earlier period in April, to 662, compared with 672 in April 2004. Building permits when measured by area fell even more sharply: by 3.9% year on year to 252 thousand metres squared. However, signs that this

Bank of Cyprus shares trading in Greece rallied sharply higher on Tuesday to a closing high of EUR 3.30 or CYP 1.8945 on the back of a sharp rally in Greek shares. With the gap between Cyprus and Greece widening to 4 cents, analysts are hoping that the BOC shares trading on the CSE will

News Corp, the company run by media mogul Rupert Murdoch, has made one of its first major internet purchases. It has bought Intermix Media, owner of Myspace.com, the fifth most-viewed internet domain in the US and owner of other sites for $580 mln. Murdoch says the networking site will drive traffic to his Fox TV