Business

 How to score the best deal on a brand-new car before the new year arrives
How to score the best deal on a brand-new car before the new year arrives

In these final days of 2017, experts are advising potential car buyers that if they're considering a new set of wheels, now is a good time to put the pedal to the metal before the new year arrives.

According to DeLorenzo, manufacturers are closing out the books on the 2017 model year and still have a lot of cars left to sell.

"You're seeing some pretty sizable rebates and incentives," he told ABC News. "You can see discounts a...

December 29, 2017

 Asian stocks drift higher on final trading day of 2017
Asian stocks drift higher on final trading day of 2017

KEEPING SCORE: Japan's Nikkei 225 rose 0.3 percent to 22,841.64 and China's Shanghai Composite Index added 0.2 percent to 3,302.01. Hong Kong's Hang Seng index gained 0.4 percent to 29,982.17. Australia's S&P/ASX 200 was the only market that went south. It fell 0.3 percent to 6,068.80. South Korean stock markets closed on Thursday.

ANALYST'S TAKE: Looking back the year of 2017, "markets have been disturbingly sanguine about risks," suc...

December 29, 2017

 Global stocks little changed on final trading day of 2017
Global stocks little changed on final trading day of 2017

Global stocks were little changed on the final trading day of 2017 Friday but most stock markets are set to finish this year with gains.

ASIA'S DAY: Most Asian markets finished with modest gains. Japan's Nikkei 225 finished 0.1 percent lower at 22,764.94. The Tokyo benchmark index rose 19 percent in 2017. China's Shanghai Composite Index added 0.3 percent to 3,307.17. Hong Kong's Hang Seng index gained 0.2 percent to 29,919.15. But Aus...

December 29, 2017

 Asian stocks drift higher on final trading day of 2017
Asian stocks drift higher on final trading day of 2017

KEEPING SCORE: Japan's Nikkei 225 rose 0.3 percent to 22,841.64 and China's Shanghai Composite Index added 0.2 percent to 3,302.01. Hong Kong's Hang Seng index gained 0.4 percent to 29,982.17. Australia's S&P/ASX 200 was the only market that went south. It fell 0.3 percent to 6,068.80. South Korean stock markets closed on Thursday.

ANALYST'S TAKE: Looking back the year of 2017, "markets have been disturbingly sanguine about risks," suc...

December 29, 2017

 Global stocks little changed on final trading day of 2017
Global stocks little changed on final trading day of 2017

Global stocks were little changed on the final trading day of 2017 Friday but most stock markets are set to finish this year with gains.

ASIA'S DAY: Most Asian markets finished with modest gains. Japan's Nikkei 225 finished 0.1 percent lower at 22,764.94. The Tokyo benchmark index rose 19 percent in 2017. China's Shanghai Composite Index added 0.3 percent to 3,307.17. Hong Kong's Hang Seng index gained 0.2 percent to 29,919.15. But Aus...

December 29, 2017

 Residents in high-tax states rush to file property taxes before new rules take effect
Residents in high-tax states rush to file property taxes before new rules take effect

Residents in New York, like others around the country, are rushing to file because the new tax code, signed into law last week, limits the amount of state and local taxes people can deduct on their federal returns, according to Donald Clavin, town receiver of taxes in Hempstead, New York. The change could cost some homeowners, especially those in high-tax states, thousands of dollars.

He said there will now be a $10,000 cap on the amo...

December 29, 2017

 Commodities poised for a run in 2018
Commodities poised for a run in 2018

While domestic and foreign economies hum along, fueling overall growth in the domestic stock market, related trends are likely to push up prices of commodities and materials.

Demand for commodities is increasing globally. Just about every economy in the world, depressed for years longer than ours after our woes from the 2008 financial crisis hit their shores, is now accelerating in what economists are calling synchronized growth becau...

December 29, 2017

 How to score the best deal on a brand-new car before the new year arrives
How to score the best deal on a brand-new car before the new year arrives

In these final days of 2017, experts are advising potential car buyers that if they're considering a new set of wheels, now is a good time to put the pedal to the metal before the new year arrives.

According to DeLorenzo, manufacturers are closing out the books on the 2017 model year and still have a lot of cars left to sell.

"You're seeing some pretty sizable rebates and incentives," he told ABC News. "You can see discounts a...

December 29, 2017

London stock market hits record high but bitcoin wobbles - as it happened
London stock market hits record high but bitcoin wobbles - as it happened

All the day’s economic and financial news, as shares in London close at a new peak

The smaller FTSE 250 also finished at its highest ever level, partly due to a takeover bid for office manager IWG (which closed 27% higher).

The rally came as new data showed that the world’s 500 richest people had collectively gained $1tn in 2017.

But it was a volatile day for bitcoin. After surging 13% yesterday, the digital currency has fall...

December 29, 2017

FTSE 100 hits record high; Bitcoin falls as South Korea announces crackdown - as it happened
FTSE 100 hits record high; Bitcoin falls as South Korea announces crackdown - as it happened

All the day’s economic and financial news, as South Korea pledges new regulations on cryptocurrency trading

In rather muted trading ahead of the new year break, most European markets slipped back, while Wall Street is holding on to its early gains. The final scores in Europe showed:

On Wall Street, the Dow Jones Industrial Average is currently up 35 points or 0.14%.

Earlier, it also managed an intra-day high of 7633.55 before...

December 29, 2017

FTSE 100 hits record high as global markets celebrate boom year - business live
FTSE 100 hits record high as global markets celebrate boom year - business live

All the day’s economic and financial news, as investors count their profits on the final trading day of 2017

More photos of traders celebrating the last day of trading at the Philippine Stock Exchange in Manila have arrived; it seemed wrong not to share them.

Traders have plenty to celebrate -- the main Philippine stock index hit an alltime high this morning, and has gained 25% this year.

It rose by 0.25% to 20,695 points, a ...

December 29, 2017


	What will happen to property prices in 2018?
What will happen to property prices in 2018?

Housing has been a hot topic in 2017, with a first-time buyer stamp duty axe in the Budget, landlords seemingly being targeted by the Government and focus turned on the number of homes being built.

As 2017 draws to a close, annual inflation has slowed this year, but according to the three main indices, values are still up on a year ago.

We round up some of the recent prediction from the experts – and invite our readers to make thei...

December 29, 2017


	Audi Q2, Ford Kuga and Seat Ateca review: Which is best?
Audi Q2, Ford Kuga and Seat Ateca review: Which is best?

For some, maximising the ‘sport’ bit of the SUV is all. They’re drawn to such cars because they’re practical, spacious and good over all terrains, but adding in a big set of alloys and hip-hugging seats is also deemed an essential.

That’s why Seat has now launched a suitably racy FR version of its Ateca five-seater, a car that doesn’t only look sharper, but has more responsive steering to give it a crisper feel on the road. 

To fin...

December 29, 2017


	These rare £2 coins could be worth a mint one day
These rare £2 coins could be worth a mint one day

Four versions of the 2002 Commonwealth Games £2 were produced - one for each of the teams participating from the UK.

The coin depicts a moving figure holding a long banner, with an inset of a flag.

The rarest is the Northern Ireland version, which has a mintage of just 485,500.

The Commonwealth Games Wales £2 was one of four £2 coins produced ahead of the games in 2002. 

It displays a similar design to the Northern Irel...

December 29, 2017


	Reverse business rates folly or watch the High Street die
Reverse business rates folly or watch the High Street die

A plea was issued today by retail experts to alter the business rates reform that has seen many of them facing soaring bills - or watch the high street die.

They pointed to data showing that nearly 50 shops are vanishing every week from the high street to warn that the trend will only be exacerbated if no action is taken on rates, and online retailers are not asked to share the burden.

Figures from ratings adviser Altus Group show ...

December 29, 2017


	How to fill out your self-assessment tax return
How to fill out your self-assessment tax return

It's nearly that time of year again: the dreaded self-assessment tax deadline falls in little over a month and more than 10 million of us need to file a return.

Whether you've filled one in before or not, the whole process can be somewhat bewildering. 

Tiny green question marks designed to explain what you're supposed to put in each box are usually less than helpful and leave me, at least, more confused than I was before I clicked....

December 29, 2017


	Christmas and Boxing Day sees 10,000 tax returns sent in
Christmas and Boxing Day sees 10,000 tax returns sent in

On Christmas Day, 2,590 self-assessment returns were submitted - with a further 7,655 submitted on Boxing Day, HM Revenue and Customs (HMRC) said.

While many people were wrapping last-minute gifts between 11pm and midnight on Christmas Eve or putting out food for Santa and his reindeer, others were sorting out their finances - with 92 self-assessment tax returns submitted to HMRC.

More than 10,000 tax returns are submitted during C...

December 29, 2017


	Aldi, Lidl and Tesco set to emerge as Christmas winners
Aldi, Lidl and Tesco set to emerge as Christmas winners

At 3.6 per cent, food inflation reached a four-year high in the three months to 3 December, giving supermarkets a boost to their sales figures while shoppers - less likely to compromise on quality or quantity during the festive season - feel the squeeze.

Soaring: Aldi, Lidl and Tesco are set to emerge as this Christmas' supermarket sales winners

Aldi and Lidl have notched up a string of record trading performances over the Christma...

December 29, 2017


	Bitcoin prices slip $1,000 in a day amid South Korea plans
Bitcoin prices slip $1,000 in a day amid South Korea plans

Bitcoin was down over nine per cent to around $10,552, having recovered from £10,168 in early morning trading. Earlier this week the price was around $12,000.

Falling: The price of bitcoin has dropped by over $1,000 in a day on Thursday

Swings: The price of bitcoin has moved both up and down since August this year

Find out how bitcoin and the blockchain works, so that you have some understanding of the system, the ledger, th...

December 29, 2017


	Zoopla reveals house prices rise of £28 a day in 2017
Zoopla reveals house prices rise of £28 a day in 2017

Homeowners have been 'earning' almost £30 a day by doing little more than sitting still on the property ladder, it has been revealed.

The typical British home rose in value by a total of £9,652 this year, the equivalent of £28 per day, according to new research by Zoopla.   

The seaside resort of Clevedon in North Somerset was this year's biggest winner in percentage terms, seeing house prices grow by 11.6 per cent, to reach an ave...

December 29, 2017