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In August 2018, residential real estate in the UK went up by 3.2% compared to August last year, which was the smallest growth since 2013, ONS reported. Housing prices in London, where they have stagnated for 6 months, declined by 0.2% in August. On average, a house in the UK in August cost 232 thousand 800 pounds sterling. The weakening of the pound sterling, as well as the uncertainty associated with the country's exit from the EU, slowed down the growth in housing prices, which had previously largely outpaced the growth of British salaries, which did not allow many of them to buy their own housing. Economists expect a further slowdown in the growth of the value of residential real estate in the country.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
New car registrations in the United Kingdom slipped by a third on an annual basis in June after several dealerships resumed operations amid loosening lockdown measures, preliminary data from an industry body. The drop is seen as relatively ...
Singapore’s trade ministry announced on Tuesday that the city-state lowered its gross domestic product outlook for 2020. It had cut its GDP forecast for the third time already as the virus-beaten economy prepares for its steepest recession. Singapore’s ...
HSBC Holdings PLC posted its annual profit on Tuesday, showing a 33% decline and falling below analyst forecasts. The decline was caused by a $7.3 billion goodwill impairment linked to its commercial banking and investment banking businesses ...
Reuter’s poll on Friday revealed Thailand’s swift escalation of its annual headline inflation rate for the month of December. However, the rate is still below the central bank’s target for the seventh consecutive month. The ...
KYC Policy