House prices in the UK rose by 4.7% annually in December, with Northern regions seeing greater growth than Southern regions. Northern Ireland was the best-performing area, while East Anglia lagged behind. Despite affordability challenges and higher mortgage rates, prices are expected to continue rising in 2025, with potential volatility due to upcoming stamp duty changes.
Full Article
Why Chinese Tech Stocks Like Alibaba Crushed It on Monday
SummaryThe beginning of the trading week saw positive momentum for Chinese tech stocks, bolstered by a perceived easing in the U.S.-China trade conflict, with Alibaba, Tencent, and JD.com experiencing notable gains. President Trump's announcement of tariff exemptions on various tech goods, including semiconductors and smartphones, provided a boost, although the benefits for service-oriented companies like Alibaba and Tencent were indirect. Despite some relief from tariffs, Chinese manufacturers still face a 20% import tax on certain...
Read more