Investing

Fed's Plosser Criticizes Unfettered Asset-Buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.

Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market

Bellway, the housebuilder, enters the second half of the year with an order book of £423 million, having already reserved or legally completed 83% of this year's target, with an expectation to reach double digit operating margin for the six months to 31 January.

Immofinanz Acquires All of Moscow Shopping centers

Austrian real estate group Immofinanz said it would buy the remaining 50 percent of the Golden Babylon Rostokino shopping centre in Moscow from Russian company Patero.
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