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.

Al-Futtain formalizes its agreement with the Oman Tourism Development Company and the Omani National Investment Funds Company for the new mall in Muscat.

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.

Axis MF, the fund management firm backed by Axis bank, is projecting to be in the black for the year because of its diversified offers.

The new programs of RBI Governor Raghuram Rajan have resulted in higher investment rate in the Indian equity markets.