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In what will come as a further blow to homeowners’ confidence, a survey released today shows that the average house price in the UK has now dropped to levels last seen more than two and a half years ago, with prices down 7.3 per cent on this time last year.
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Crude oil prices plunged by around 8% at one point yesterday but staged a strong recovery late in the session in thin post-holiday trading as global stock markets extended a rally to a two-week high.
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House prices have dived by more than 13% during the past year, wiping nearly £26,500 off the value of the average home, Britain's biggest mortgage lender said today.
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Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading amid investor fears of a severe global economic downturn.
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Oil prices lost altitute Friday as the cost of a barrel of liquid gold dropped below $80 US for the first time since September 2007.
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Used automobile sales in Japan fell 4.2 pct in the fiscal first half from a year before to their lowest level in 23 years, an industry group said Friday. The drop was attributed to a decrease in the number of
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Inflation soared to a 16-year high of 5.2% last month thanks to rising energy prices, but the unexpectedly large figure had analysts calling the top of the cycle.
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Four Scottish-based oil companies saw their share values fall yesterday on weaker crude prices and downgrades by Royal Bank of Scotland analysts.
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Oil prices fell to a nearly 14-month low Thursday as bad U.S. economic news stoked fears that a significant global economic slowdown will undermine demand for crude.
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The Dow closes up 401.35 points, or 4.7%, after being down 380 points earlier in the day. Another day, another 800-point swing in the Dow Jones industrial average.
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European shares bounced higher on Friday as a rebound in crude prices bolstered oil stocks and investors snapped up technology stocks
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Jarrett Lee went 16-of-26 for 189 yards and LSU held South Carolina to minus-7 yards in the fourth quarter and the No. 13 Tigers beat the Gamecocks 24-17 on Saturday night.
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Crude oil prices tumbled to a new 16-month trough yesterday, well below $70 a barrel, after Washington reported big increases in US crude and petrol stockpiles, adding to growing evidence that an economic downturn is drying up demand for energy.
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After his purchase of 5% of JJB Sports earlier this week Mike Ashley provided an update on current trading at his Sports Direct International group in advance of its interim results, which are due for release on December 17.
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Gas prices on Thursday in the Bradenton-Sarasota-Venice market have dropped below where they were a year ago.
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Stocks staged a rebound yesterday despite a new round of poor economic data and weak corporate earnings reports.
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OIL prices plunged today despite a hefty OPEC cut in production as recession fears gripped global markets in panic, heightening concerns about declining energy demand.
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Pursuant to the anti-crisis Resolution No. 319 issued by the National Bank of Ukraine on October 13, commercial banks in Ukraine have been stripped of the right to issue money to customers that have term deposit accounts before the obligations
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Canadians can expect to find bargain prices for consumer goods through the holiday season before retailers readjust their prices in line with the falling value of the loonie, retailers and analysts say.
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OIL prices plunged today despite a hefty OPEC cut in production as recession fears gripped global markets in panic, heightening concerns about declining energy demand.
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Banque du Liban Governor Riad Salameh predicted Friday that inflation in Lebanon would fall by six percentage points in the coming few months due to the sharp drop in the price of oil. Salameh, who was speaking at a press
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Japanese corporate service prices inched up 0.1 percent on year in September, the Bank of Japan said on Monday, marking the slowest rise since January 1985.
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Oil prices fell to their lowest level in more than a year Monday before rebounding to just above US$63 a barrel as growing evidence of a global economic slowdown had investors betting on a further drop in energy demand.
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Corn and soybean prices shot up Monday after an early rally on Wall Street lured investors back into the commodities complex. Wheat also rose.
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OIL prices surged overnight, ending a four-session losing streak as the market was buoyed by a global stock market rally, a US interest rate cut and weaker than expected US energy stockpiles.
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UK house prices fell by 1.4% in October, according to the latest Nationwide House Price Survey, marking the 12th consecutive monthly decline in house prices and bringing the year-on-year drop to 14.6%
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House prices have fallen for the twelfth month in a row and the average house has seen £27000 wiped off its value the latest figures from Nationwide show.
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Royal Dutch Shell sees profits jump to 8.45bn £5bn as crude oil prices surged to a record high.
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UK house prices continued falling in October and are now nearly 15% lower than a year ago, says the Nationwide.
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Tokyo, Oct 30, 2008 - (JCN Newswire) - Mitsubishi Motors Corporation today announced its sales and financial results for the first half of the 2008 fiscal year ending March 31, 2009, and outlined its forecast for the full year.
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Hiroshima, Oct 30, 2008 - (JCN Newswire) - Mazda Motor Corporation today reported its financial results for the first half of fiscal year (FY) 2008 (April-September) and its full-year forecast.
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Oil major Chevron reported a profit for the third quarter that more than doubled from last year, as sharply higher crude oil prices offset production declines in its upstream business. However, the recent drop in oil prices has helped the energy giant's downstream business to post a hefty profit for the quarter.
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Scottish Mortgage, the flagship £1.9bn investment trust of Edinburgh's Baillie Gifford, endured a torrid half-year as the market-beating run by chief investment officer James Anderson went into reverse.
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The price of petrochemicals used in making goods from toys to mobile phones and from T-shirts to pipes has tumbled to multi-year lows in further evidence of the slump in global manufacturing activity
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Commodity prices fell on Wednesday, giving away some of Tuesday's strong gains, after the US dollar strengthened on the back of Barack Obama's election victory, and fears of a downturn in global industrial production returned.
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