Economic News
UK house prices hit record in buying frenzy
UK property prices have surged to a record high as properties sell at the fastest pace on record, a survey by Rightmove found.
IATA announces partnership with Eurofins to incorporate Covid-19 testing network
The International Air Transport Association (IATA) announced an agreement with Eurofins to incorporate its worldwide Covid-19 testing network into the IATA Travel Pass.
Jimmy Lai, nine others to be sentenced over illegal assembly in Hong Kong
Hong Kong media tycoon Jimmy Lai and nine others are to be sentenced on Friday for alleged illegal assembly during the anti-government protests there during 2019.
US consumer sentiment edges higher at the start of April, University of Michigan says
US consumer sentiment was at its best level in a year in April thanks to the much larger than usual government stimulus payments seen over that time.
More than £1tn leaves London for EU after Brexit - survey
Banks, insurers and asset managers have moved or are moving more than £1tn of assets to the EU in response to Brexit with more to come, according to report.
Tokyo Olympics in doubt as Japan struggles to contain fourth wave of Covid-19
The Tokyo Olympics could be postponed yet again if Japan fails to contain its fourth wave of coronavirus before the opening in less than 100 days.
China's economy bounces back from pandemic in Q1
China’s economy bounced back from the pandemic in the first quarter, according to figures released on Friday by the National Bureau of Statistics.