The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.
Industry
Department of Telecom near release of policy guidelines for industry mergers and acquisitions
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
Highest inflow recorded for global equity funds before Fed announcement
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
EU and Singapore submits free trade agreement for approval
The European Union and Singapore concluded a free trade agreement that would make doing business easier and more transparent for both countries.
Swedbank projects great mergers and acquisitions possibilities in the market
Kloevern AB gained the most after the firm was upgraded in status by Swedbank AB. The shares of Kloevern AB had jumped its highest in nearly five months in Stockholm trading.
Latest News
According to the Ministry of Commerce, China's utilized FDI increased by 6.37% for the first eight months of the year.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
The Korean Financial Investment Association was visited by members of the Fair Trade Commission to obtain documents on its probe as to alleged rate fixing for the country's certificate of deposit.
The Chinese government, amidst calls for a pending crisis due to bad debts, is pushing its banks to shore up its capitalization in compliance with Basel III.
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.
According to a statement from Mongolia's Prime Minister, the country would sell its Samurai bonds this year in a deal valued to as much as USD1 billion.
The stock markets of the Middle East breathed a sigh of relief as the US-Russia agreement on Syria's chemical weapons averted a military strike.
The experience of some Muslim dominated countries as to tapping Islamic pension funds for capitalization had reaped benefits.
Economists view that the housing recovery is hindered by increasing mortgage rates. In August, the purchases of previously owned homes declined from the previous month.
