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ECONOMY
UK house prices rise by 4.7% in 2024, fueled by resilience in the housing market

UK house prices increased by 4.7% in 2024, showing market resilience despite affordability issues. Learn more about the housing outlook for 2025.

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ECONOMY
Visitor Arrivals in Hong Kong Rise by 7.5% During Holidays, Yet Departures Soar

Hong Kong sees a 7.5% increase in holiday visitors, but local businesses struggle as outbound trips rise significantly.

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ECONOMY
China's approval rate for overseas data transfers exceeds 90% in 2024, says top regulator

China approved over 90% of overseas data transfers in 2024, easing regulations to facilitate global data flow, reports the Cyberspace Administration.

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ECONOMY
Emerging trading disruptors are set to challenge traditional banks by adopting their strategies

Emerging market-makers are evolving, posing significant challenges to established banks in the trading sector by adopting bank-like strategies.

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ECONOMY
Yuan Declines to Two-Year Low Amid Rising Pressure on Asian Currencies as US Dollar Strengthens

The yuan reaches a two-year low as pressure mounts on Asian currencies due to a strong US dollar and uncertainties in global trade.

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ECONOMY
Maruti Suzuki Dominates December 2024 Car Sales as TVS Motors Reports 7% Growth

Maruti Suzuki leads December 2024 sales in India's automotive market, while TVS Motors reports a notable 7% growth with a 79% rise in EV sales.

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ECONOMY
Citigroup and Bank of America Exit Climate-Banking Coalition Amid Political Pressure

Citigroup and Bank of America depart the Net-Zero Banking Alliance, joining other Wall Street banks amid rising political pressures against climate initiatives.

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ECONOMY
India's Manufacturing Activity Sees Year-End Slowdown, PMI Data Reveals Weak Demand

India's manufacturing activity slows to a 12-month low in December 2024, reflecting weaker demand and cost pressures, according to recent PMI data.

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ECONOMY
Turo app connects rentals to Cybertruck explosion and New Orleans attack

Turo confirms its app was used to rent the Cybertruck linked to a deadly explosion and a separate attack in New Orleans, now under investigation.

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ECONOMY
China to Enhance Support for Low-Carbon Hydrogen Development by 2025

China accelerates low-carbon hydrogen initiative with new policy support to enhance emissions reduction in various sectors by 2025.

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