News

China home price inflation quickens in Jan - survey

Average home prices in China's 100 biggest cities rose 1 percent in January from December, quickening from the 0.2 percent pace in the previous month and marking the eighth consecutive monthly rise, a private survey showed on Friday.

Spain real estate hit to weigh on BBVA 2012 earnings

BBVA, Spain's second-biggest lender, is expected to report sharply lower earnings on Friday as growing income from emerging markets will not be enough to offset losses from soured property assets at home.

Fed's Bullard paints upbeat picture for 2013 growth

The U.S. economy is on track for a better performance this year and improving growth will put the Federal Reserve in a position to slow or halt its massive bond-buying program, a top central bank official said on Friday.