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Bubble alert ? UK house prices rise to 6-year record

London Terraces

Asking prices for U.K. houses jumped above £250,000 ($419,050) in February, up 6.9 percent on the same time last year, marking the highest annual increase for more than six years in a fervent UK property market, according to a new study.



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Chinese bank punishes 137 staff

China’s biggest bank, Industrial & Commercial Bank of China, said it punished 137 staff for breaches of Communist Party discipline, such as accepting gifts or starting their own businesses, as a corruption crackdown sweeps through the nation’s finance industry.