Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
Sectors
JC Penney faces uphill climb
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
More than half of Brits make emergency DIY repairs of smartphones, tablets- gadget insurer
Research from gadget insurer Protect Your Bubble revealed that over half of smartphone and tablet users in Britain performed emergency repairs of their unit.
Doctor says Apple's iOS 7 makes users carsick
A doctor has confirmed that the iOS 7 could make some users feel nauseous. A doctor confirmed that the iOS 7 that powers Apple's iPhones and iPads could make people carsick.
Popularity of mobile money rises- report
According to a Forbes report, the use of mobile phones as mobile money platforms has grown. According to a Forbes report, the use of mobile phones as mobile money platforms has increased in South Africa.
Latest News
According to two sources who told a breaking news blog, Apple Inc would be making the iPhone 5S store pickup option available as early as Monday next week.
Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.
America Movil is biding its time in making a formal offer for KPN. America Movil SAB recently said it won't be making a formal offer until early October as it needs more time to negotiate with the management of Royal KPN NV.
General Motors newly issued unsecured bonds were offered to the market and was lauded as preparatory for the return to investment grade status.
Arkansas is the first of many states in the US that would receive funds for Medicaid expansion under Obamacare.
Greencoat, fresh from its IPO, purchases two wind farm projects from BayWa at a total cost of GBP70 million.
OCC would register in Europe in order help companies seeking to trade in equity derivatives based in Europe.
Sino Ocean Land Holdings sold off new shares to China Life Insurance Co and the Nan Fung Group. One of the largest real estate developers in China, had said it would be raising USD808 million through the sale of new shares.
The conflict between heads in Intesa Sanpaolo may come to a head next week as Supervisory Board Chair Giovanni Bazoli meets with CEO Enrico Cucchiani.
