IBT Staff Reporter

GMAC Mortgage, a unit of Ally Financial Inc, has asked some outside vendors to suspend some evictions, a spokeswoman said.

Will the sharp price jumps in the Malaysian local housing market lead to an asset bubble? A recent Star Bizweek report analyzes just how real the threat is.

As homeowners and real estate agents continue to whine about how long a short sale process takes, US Congressmen are planning to move a bill that would require lenders to respond within 45 days

Lawmakers in Singapore passed a Bill to create a new statutory board that will regulate the real estate agency business in the country.

David Robinson, an NBA Hall of Fame star, is venturing further into the real estate investment world.

Lennar Corp, the third-biggest homebuilder in the United States, reported a higher-than-expected quarterly profit and a decline in orders that was less severe than Wall Street had feared.

China's housing ministry has ordered construction to begin for all affordable housing projects before the end of September, the China Securities Journal reported on Tuesday.

KKR & Co, TPG Capital, Carlyle Group and Bain Capital Llc are competing to acquire a part of Honda Motor Co's stake in India's biggest motorcycle maker, Hero Honda Motors

China's top automaker SAIC Motor Corp has reached out to General Motors Co GM.UL to explore the prospect of taking a stake in the automaker when it goes public this fall, four people with knowledge of the matter said.

Japan's Nissan Motor plans to double its capacity in China by 2012, joining a host of peers that have made similar recent moves to capture a bigger slice of the world's biggest auto market.

Europe's truckmakers anticipate profits will rebound faster than expected in 2010, thanks to emerging markets where enormous growth rates pushed aside painful memories of the industry's worst ever slump.

Honda Motor Co will overhaul its sourcing strategy by ditching its one-spec-fits-all method on global car models to better compete with Hyundai Motor and others in emerging markets, an executive said on Tuesday.

Toyota Motor Corp's Chinese auto finance unit has been fined by the authorities in the city of Hangzhou for alleged involvement in commercial bribery, China's Xinhua News Agency reported on Tuesday.

General Motors will invest $655 million to expand capacity at its Opel factory in Hungary and Volkswagen's Audi may also expand production at its plant, both seen as boosting investor sentiment toward the country.

The United Auto Workers union will aim to ensure that its members share in General Motors GM.UL, Ford Motor Co (F.N) and Chrysler profits in contract talks next year, President Bob King said on Monday.

Senior officials from the United Auto Workers union will travel to Italy next week for a meeting with Fiat SpA (FIA.MI) Chief Executive Sergio Marchionne and a pitch to bring jobs to the United States for its suppliers.

Top Chinese automaker SAIC Motor Corp said on Monday it and Baosteel will jointly build a lab to research and develop new steel products to make cars lighter.

Gifting for Christmas just got easier with the new exclusive offering from Harrods. The UK-based store has launched its Christmas Hampers 2010.

Marking the country's importance as luxury buyer's market, Hermes has introduced a new brand Shang Xia, and opened its first boutique in Shanghai, China.

Italian drinks group Davide Campari Milano SpA went on an acquisition spree and bought Carolans Irish cream liqueur, Frangelico and Irish Mist liqueurs from privately-owned Scottish whisky group William Grant for $ 169 million.

Louis Vuitton tops the list of 100 Best Global Brands, according to Interbrands annual listing. Interbrand, a major brand consultancy firm announced its results this week. A subsidiary of LVMH, Louis Vuitton was ranked 16th among brands of all category.

The worldwide costs of dementia will reach $604 billion in 2010, more than one percent of global GDP output, and those costs will soar as the number of sufferers triples by 2050, according to a report on Tuesday.

Cyber-bullying may be even harder on the victims than physical beatings or name-calling, U.S. researchers reported on Tuesday.

Armed with a fake tan, government-funded researchers have found they can get women to cut back on sunbathing.

U.S. doctors increasingly are ditching pen and paper and sending prescriptions to pharmacies electronically, lured by up to $27 billion in government funds aimed at speeding the switch to electronic medical records.

The first genetically modified animal aimed at consumers' dinner plates faces an uncertain future following a federal advisory panel on Monday that gave a mixed assessment on whether such food -- a salmon -- is safe to eat.

Scientists have found a region of DNA that can increase or decrease the high chance of breast cancer linked to a particular gene variant - a finding that could help doctors keep a closer eye on women most at risk.

Researchers who discovered a hormone intimately linked to obesity, who found a protein linked to a common form of blindness and who worked on genetic blood diseases won the 2010 Lasker awards on Tuesday.

U.S. inspections of overseas pharmaceutical plants would increase and regulators would gain new recall power under proposals unveiled by Democrats in the House of Representatives on Monday.