Halifax Says UK House Prices Fell for First Time This Year
UK house prices fell for the first time this year, according to a measure released by Halifax, underlining the headwinds the market is facing as mortgage rates rise.
UK house prices fell for the first time this year, according to a measure released by Halifax, underlining the headwinds the market is facing as mortgage rates rise.
Thai politicians are trying to outdo each other, promising voters billions of dollars worth of relief and freebies that offer near-term benefits and yet potentially damaging to the economy in the long run.
Three Adani Group companies, including Adani Green Energy Ltd., have lost their endorsement from the world’s leading arbiter of corporate green goals, a blow to the industrial conglomerate’s attempt to reposition itself as a leader of India’s energy transition.
Vietnam’s foreign-exchange reserves excluding gold are forecast to rebound to $95 billion by the end of the year as the central bank rebuilds its stockpile, Moody’s Investor Service said.
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in 2022, its local head said.
Indonesia’s central bank will likely wait for definitive signs that inflation is on the wane this year before considering a reduction in the benchmark rate, according to analysts.
Thaksin Shinawatra, who was ousted as Thailand’s prime minister in 2006 and has lived in self-imposed exile for well more than a decade following a corruption conviction, said he planned to return to the Southeast Asian nation in July.
Sea Ltd.’s billionaire founder declared a 5% pay increase for most employees starting July, sending a strong signal to investors he thinks the e-commerce and gaming business has turned the corner after years of bleeding losses.
Huawei Technologies Co. is conspiring with the Chinese government to “wrongfully dominate” the market for telecom equipment by setting onerous terms for the use of its intellectual property, a US-based company claims in a lawsuit.
Dalian Wanda Group Co. is in talks with major Chinese banks on a loan relief plan that may allow it to extend principal repayments for some onshore borrowings as the conglomerate faces a liquidity challenge, according to people familiar with the matter.