U.K. house prices decline in December

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Source: RTT News
The U.K.'s house prices fell modestly by 0.1% on a monthly basis in December after staying unchanged a month earlier, data by Nationwide Building Society showed today. That did not match economists' expectations of no change in house prices. A typical home is currently worth GBP 162,262. The house price index fell 1% annually during December following a 1.2% decline in November. 
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Thu, 03 Jan 2013 09:37:26 GMT

U.S. equities inch higher as budget deal averts "fiscal cliff"

U.S. blue chips rallied on Wednesday, as a budget deal was reached to halt the so-called "fiscal cliff" effect with automatic tax increases and spending cuts that would push the world's biggest economy into recession. The Dow Jones Industrial Average added 2.4% to 13,412.55 with all 30 stocks in the index edging higher. Investors' confidence was also boosted up by

Thu, 03 Jan 2013 11:44:53 GMT

German unemployment rate remains unchanged in November

Germany's jobless rate stayed unchanged in November, according to the Federal Statistical Office on Thursday. The adjusted unemployment rate was at 5.4% on a monthly basis, compared to 5.6% in November 2011. The number of unemployed fell from 2.3 million in October to 2.28 million. On a yearly basis, jobless rate decreased by 4.2%. 

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