A National Journal report said the US government would be headed for a shutdown if the two houses of Congress still won't come to an agreement on Obamacare.

According to a spokesperson for Tata Sons, the group had comprehensively addressed all questions from all probing government agencies regarding the 2007 deal between Tata and Unitech.

The US Congress had one more day left before ending the budget stalemate as risks were dramatically increased in the first US government shutdown.

CapAsia executive Vijay Sethu filed a defamation case against Johan Bastin, also an executive in the company, in the Singapore High Court, said a Bloomberg report.

China Securities Regulatory Commission had ended an 18-year trading hiatus on Treasury bond futures, said a Bloomberg report.

The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.

The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.

UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.

A new era of rigid fiscal scrutiny would be imposed by the European Commission to prevent repeated occurrences of financial turmoil and to aid the region's debt crisis.

After the Federal Reserve announced a halt on its proposed bond buying reduction program, the worldwide tension over the US monetary policy had also subsided, said a Reuters report.