News

China Home Prices Rises Quicken, Uptrend Takes Hold

China home prices showed fresh signs of recovery taking hold in November, the fourth month in the last five to show a rise as a two-year long government campaign to curb prices frays.

Israel Approves 1,500 More Settler Homes in East Jerusalem

Israel approved plans to build 1,500 more Jewish settler homes in east Jerusalem on Monday, an official said, days after provoking international protests against a project for another 3,000 such homes on land it captured in the 1967 Six-Day War.

UBS Faces $1.5 Billion Day of Reckoning Over Rate Rigging

UBS AG will pay around $1.5 billion to settle charges that a group of traders at its Japanese unit rigged Libor interest rates, a source familiar with the matter said on Monday as the Swiss bank prepares for a deal with regulators.