Investing

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.