New rules set to affect overseas investors buying property in Malaysia

Over recent years, the Malaysian government has launched a number of initiatives to encourage foreigners to buy property in Malaysia.  However, new plans to raise the minimum value of property that overseas investors can buy flies in the face of recent state policy. If you’re looking to buy a property in Malaysia, you may in the future have to spend around £200,000 as a minimum. ...

Why It Was A Hectic Foreign Currency Week

Sterling has seen a strong week against the Euro, reaching a 19 month high against the single currency. Whilst sterling has encountered some resistance at this level, some analysts now believe that sterling could break through, having held at more or less the same level since December. Further concerns regarding the ongoing Eurozone debt crisis could weaken the Euro significantly enough to give the pound...

Nigella Lawson sells luxury London home for millions

TV star Nigella Lawson and husband Charles Saatchi have finally sold their Belgravia apartment after the property sat on the market for a year and a half.  The couple have agreed a deal of £25 million for the luxury property – an astonishing £11 million under the original asking price. The property has been bought by wealthy property developer Christian Candy who, with his...