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U.K. House Prices Record First Annual Increase In 13 Months: Forex Top Story 28 March 2013, by RTTnews

Forex Top Story U.K. House Prices Record First Annual Increase In 13 Months House prices in the U.K. rose for the first time in a year in March, supported by strong buyer demand, but the market outlook remained uncertain, a survey by the Nationwide Building Society showed Thursday. Home prices rose 0.8 percent year-on-year in March after recording negative or zero movement in the past 12 months. Economists had forecast a 0.9 percent increase. South Korea Announces Additional Stimulus, Cuts Growth Outlook The South Korean government plans to unveil additional stimulus in April to kick start Asia's fourth-largest economy, which is hurt by lackluster global activity and a weaker yen. The finance ministry said Thursday it will announce a supplementary budget next month and measures to strengthen property market. The economy is expected to grow 2.3 percent this year instead of the 3 percent. European Economics Preview: Germany Unemployment Da