Business Blog

A REIT is an investment vehicle “Usually registered as a company” that can be traded on a stock exchange, and is primarily engaged in investing and owning real-estate assets. REITs provide investors with the option to invest in a diversfied asset base, and offer a steady income stream. They invest in completed, income-generating properties, and distribute a signicant portion of the earnings as dividends to investors. Historically, REITs have attracted interests from retail investors as well as from long-term investors such as pension funds and insurance companies who prefer a regular flow of income.

LONDON, June 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday after a steady close in the previous session, according to financial bookmakers. For more on the factors affecting European stocks, please click on...

Thailand is ramping up its efforts to attract tourists from the Gulf Cooperation Council (GCC) countries following the recent lifting of a night-time curfew, which was imposed after a military coup last month.

EDINBURGH, June 27 (Reuters) - European stocks were seen steady to slightly higher on Friday, but were still set for their biggest weekly drop since April to pull back from multi-year highs, knocked back by global growth concerns. The pan-European FTSEurofirst 300 .FTEU3 is down 1.7 percent for the week, and looks set to snap a 10-week winning streak, which had been its longest since

The government may have failed to protect the interests of bill payers when awarding green energy contracts, say auditors.

TOKYO, June 27 (Reuters) - Japan's Nikkei share average fell to its lowest level in 1-1/2-weeks on Friday as investors took profits from its recent rally, and as concerns about U.S. economic growth and a stronger yen hurt overall sentiment. The...