UK house prices reported the first monthly fall in more than a year, reflecting the effect of rising borrowing costs on the residential property market.House prices dipped 0.3 per cent between October and November, the first decline since October 2021, the Office for National Statistics…

The R&A, organiser of the oldest Major championship in golf, is aiming to launch its own streaming platform as soon as this year as one of the most traditional sports steps up its effort to win new fans.The R&A, which oversees the rules of golf…

Macau was a refuge for those fleeing the second world war. In the past few decades, the former Portuguese colony has become a refuge for the cash of Chinese billionaires. Now Macau faces the end of its fuzzy status as privileged enclave within China.A court…

Dear reader,Walk into any big chain pharmacy in New York City and the first thing you’ll notice is the number of goods that sit behind security cabinets. Putting expensive electronics under lock and key is not new. But these days, the selection includes laundry detergents,…

Good morning. Investors had dramatically different reactions yesterday to results from two of Wall Street’s biggest banks.Both Goldman Sachs and Morgan Stanley reported that net earnings fell in the fourth quarter of 2022 and that investment banking fees were down almost 50 per cent, amid…

Global oil demand is set to rise to an all-time high in 2023 as China relaxes its Covid-19 restrictions in a move that may push crude prices higher in the second half of the year, according to the International Energy Agency.Demand for crude oil could…