Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Industry
UK PM Cameron implements Home to Buy Scheme three months earlier than scheduled
Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.
JPMorgan nearing settlement with government on mortgage backed securities
JPMorgan's CEO met with the US Attorney General to finalize a settlement on the mortgage backed securities fraud investigations.
Atlas Ventures vouches AngelList to spur Boston startup seed funding marketplace
In an Upstart Business Journal report, Atlas Venture partner Jeff Fagnan endorsed startup investing network AngelList to Boston companies to increase venture capital investments in the area.
ESMA seeks to have levies imposed on non-EU clearing houses
The European Securities and Markets Authority had sought for the imposition of a levy for non EU clearing house operators.
Latest News
OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.
The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.
Hong Kong's adherence to its rules may force the IPO of Alibaba to be done elsewhere. The largest shareholders of the Alibaba Group have backed the partnership structure proposed by the company that was the central issue of a debate as to the permission to list its shares in the bourse.
In an unprecedented sweep, several Japanese firms and their executives have been charged with conspiracy to undertake price fixing and agreed to settle amounts with the US Justice Department.
New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.
