U.K. property prices at highest level since 2008

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Source: Bloomberg
Property prices in the United Kingdom increase already for a 13th consecutive month, as in January they reached the largest level since 2008, the Nationwide Building Society data showed on Wednesday. This month, home prices added 0.7% on a monthly basis to an average of 176,491 pounds. On the annual basis, prices jumped 8.8%, posting the highest rise in almost four years.
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Wed, 29 Jan 2014 11:13:05 GMT

European stocks rise on Turkey rate rise

European shares increased on Wednesday rising for the second straight session after the Turkish national bank hiked its interest rates notably in order to stop a sell-off of the country's currency. The benchmark index Stoxx Europe 600 jumped 0.8% to 326.79 as of 8:09 a.m. London time and it has dropped 4.2% from January 22 through January 27.

Wed, 29 Jan 2014 10:51:06 GMT

Emerging-market stocks rise as Turkey rises interest rates

Emerging-market shares jumped on Wednesday together with a rally of emerging currencies after the Turkish national bank decided to hike its interest rates notable on an emergency policy session yesterday. The MSCI Emerging Markets Index gained 1.4% to 946.69 as of 3:33 p.m. Singapore time and was set to record its largest gain since November 18.

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