Investing
$1bn ‘Real Madrid Resort Island’ Will Open in 2015 [PHOTOS & VIDEO]
S&P Summary: Country Garden Holdings Co. Ltd.
Fed Drives World Stocks to 2012 High
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday. Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market
Bellway, the housebuilder, enters the second half of the year with an order book of £423 million, having already reserved or legally completed 83% of this year's target, with an expectation to reach double digit operating margin for the six months to 31 January. Immofinanz Acquires All of Moscow Shopping centers
Austrian real estate group Immofinanz said it would buy the remaining 50 percent of the Golden Babylon Rostokino shopping centre in Moscow from Russian company Patero. Morgan Stanley Wants All of Citi Ventures
Morgan Stanley is interested in buying all of Citigroup Inc's stake in their wealth management joint venture this year in what could be a roughly $10 billion deal, said people familiar with Morgan Stanley management's thinking. China Cuts Ag Bank's Reserve Ratio To Combat Slow Growth
The reserve requirement for 379 branches of state-run Agricultural Bank of China Ltd., the country's third-biggest lender, will decline by two percentage points below that of other Chinese banks. Bahrain's Arcapita Files For U.S. Bankruptcy Protection
Bahrain investment house Arcapita has filed for bankruptcy protection in the United States after it was unable to reach a $1.1 billion debt repayment with creditors, it said on Monday. QR Energy to Buy Oil Assets For $230 MIllion
Oil and gas producer QR Energy LP said it will buy oil properties in Ark-La-Tex area andMichigan from an undisclosed private seller for $230 million in cash. Fannie Mae's Property Sales Generate Investor Interest
Some big investors have shown interest in buying foreclosed properties being sold in bulk by Fannie Mae , the largest U.S. home funding source, the Wall Street Journal said citing people familiar with the process. Egyptian Resorts Posts Narrower Full-year Loss
Real estate company Egyptian Resorts posted a narrower full-year loss, helped by new revenue from its Sawari project on the Red Sea. China Control Banks' Asset Risks
Internal governance mechanisms and effective monitoring needed to ensure healthy operations of the financial sector.
