Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
Airbnb wants to enable more renter not just homeowners to share their residences for cash.
UK hospitality industry hit by crisis as thousands of young Italians are forced out by latest round of rules and cost-of-living crisisEmanuela Reccia has lived in London for almost a decade. She was a teenager when she left her home city of Naples to become a waitress in the UK, bringing her expertise and love of Italian cuisine to the capital.But the 27-year-old, like thousands of other Italians working in the UK hospitality industry, now feels she has no option but to leave and return to...
Big tech sold off in late hours after Meta Platforms Inc.’s disappointing outlook raised concern on whether the artificial-intelligence euphoria that has powered the bull market has run too far.
A young Queensland family-of-eight have been forced to live in a tent for over six months as they struggle to find a home amid the worsening rental crisis.
The number of companies delisting from London's Alternative Investment Market (AIM) has soared past pandemic-era highs.
One witness said they saw two masked men riding on a motorbike and one waving a machete
Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.
HONOLULU (AP) — A single mother of two, Amy Chadwick spent years scrimping and saving to buy a house in the town of Lahaina on the Hawaiian island of Maui. But after a devastating fire leveled Lahaina in August and reduced Chadwick's home to white dust, the cheapest rental she could find for her family and dogs cost $10,000 a month. Chadwick, a fine-dining server, moved to Florida where she could stretch her homeowners insurance dollars. She’s worried Maui’s exorbitant rental prices, driven in...
An acute housing shortage hitting fire survivors on the Hawaiian island of Maui is squeezing out residents even as they try to overcome the loss of loved ones, their homes and their community
London's rental crisis will worsen as monthly payments in the UK are expected to further increase in coming years, outstripping any growth in earnings, a prominent think tank warns.The Resolution Foundation anticipates millions of households will experience further strain as rents are likely to increase by 13 per cent in the next three years.This is despite rent rises surging at the quickest rate recorded - 18 per cent in the last two years. In March, the UK government weakened significant...
Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.