As the US Capitol registered no activity on the possibility of a government shutdown, a report outlined some possible financial effects if it finally occurred.

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.

Glencore Xstrata was unlikely to be considered a bidder for OZ Minerals, said a banker familiar with both companies.

King.com confidentially filed an initial public offering following the much awaited debut of Twitter Inc's IPO, said a person familiar with the matter.

Creditors were poised to provide USD5.9 billion loans to Tokyo Electric Power Co. (Tepco), according to a Reuters report.

According to news website Quartz, Twitter Inc. would make its IPO filing public this week and would probably start trading before the thanksgiving holiday on November 28.

According to five people, ING Groep might sell 43% of its stake in Vysya Bank and had been looking for a potential buyer for the transaction.

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.

Blackstone Group had been in advanced talks with Bain Capital regarding the sale of 13.09% of its stake in Emcure Pharmaceuticals valued USD100 million.

Siemens planned to shed 15000 jobs over the next year as a part of its cost cutting program, said a spokesman last Sunday.

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.

Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.

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

Intesa Sanpaolo named its new CEO after the resignation of Enrico Tommaso Cucchiani, according to a Bloomberg report.

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.

Acquisition of previously owned homes had slumped in August while claims for jobless benefits became lesser last week which showed a contradicting signal regarding the health of the US economy.

According to four top US Federal Reserve officials, the central bank had confused financial markets after announcing a reduced monthly bond buying pace.

The US-India ties were seen to lose its shine over economic differences and was even admitted by India's National Security Adviser.

Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.

Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.

According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.

The Reserve Bank of India had refused to give extended deadline for banks to upgrade their security features to protect cardholders from credit card frauds.

According to a data from SQM Research Pty, property prices in Sydney might increase to as much as 20% in 2014.

The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.

The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.

China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.