Chinese investments in London are growing
Many foreign investors are no longer perceive London as promising area for investment. After the United Kingdom has decided to leave the EU structure in June, the British real estate investing decreased by almost a half. Although less fastidious buyers from China and Hong Kong are continuing to buy assets in central London actively.
Chairman of Knight Frank Peter McCall has informed about the impressive amount of "Chinese assets" in the UK property. The total investment in London's real estate fell by 55% after last year's voting, when there was the level of 7 billion pounds. Chinese investments decreased by only 22%, to 1.25 billion pounds. This is without considering the current deals that will end till the end of year or already will be closed next year.
30 December, 2016 17:07
← Oil markets are optimistically finishing the year
In the last days of the year, oil prices grew before, perhaps, the largest increase since 2009. By the middle of today's trading, Brent crude oil with contract in March rose to $ 57 per barrel. North American benchmark WTI for February delivery reached almost $54 per barrel.
28 December, 2016 16:00
Oil is rising again on the background of optimistic statements by OPEC →
Oil prices are continuing their upward movement after yesterday's growth of raw materials on market, after the major oil companies have promised to fulfill all conditions of the recent agreement on reduction of production volumes. Cost of of Brent crude oil with contract in March, is about $57 per barrel now.
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