KUALA LUMPUR, Malaysia (AP) - Global shares were mostly higher Friday after an overnight rally in U.S. markets helped by the European Central Bank's decision to extend its bond-buying economic stimulus program.
The UK's market watchdog has signalled it will apply more stringent rules to the peer-to-peer lending sector amid concerns that larger businesses in the sector are growing to resemble lightly-regulated banks.
Irish fruit distributor Fyffes has agreed to be bought by Japan's Sumitomo in a €751m ($798m; �634m) deal. Fyffes produces, ships, ripens and distributes bananas, melons, pineapples and mushrooms.
House prices picked up pace in November and will keep rising in the months ahead, but a slowdown in activity next year will hurt the economy, according to the Royal Institution of Chartered Surveyors (Rics).
Beleaguered Southern rail passengers have been warned services will be "severely reduced" on Friday following three days of strike action.