(REUTERS) - The city of Los Angeles has filed a lawsuit against Bank of America in US federal court in California, accusing it of discriminatory mortgage lending in the city's minority communities.
Property developer Lafe Corporation plans to sell a unit at its project, Residences at Emerald Hill, to the spouse of a company director.
WASHINGTON (AFP) - The US jobless rate plunged to 7 per cent in November on the creation of a solid 203,000 jobs, the Commerce Department announced on Friday.
Singapore-based palm oil giant Wilmar International is encouraging the industry to become more environmentally and socially responsible.
Third quarter net profit at construction group Low Keng Huat plunged 62 per cent to $10.4 million due to lower profits from hotel and development segments