Reuters Money: India, the taper and capital controls: James Saft

	Click to View in Browser 08/20/2013 India, the taper and capital controls: James Saft (Reuters) - India's imposition of capital controls shows how the prospect of a rollback of U.S. monetary policy is already starting a global war for capital. Ally Financial to sell $1 billion in stock to boost capital (Reuters) - Auto lender Ally Financial Inc said it will sell shares worth $1 billion to boost capital levels after failing the Federal Reserve's stress test earlier this year. Preferred stocks still make sense for yield CHICAGO (Reuters) - Frustrated yield seekers have been drawn to preferred stocks because they offer a several-point yield advantage over most U.S. investment grade bonds, including Treasuries, corporates and municipal bonds. The income annuity puzzle: Why don't more people use them? CHICAGO (Reuters) - Economists have long argued that there's a perfect financial product for retirement: the humble immediate income annuity. Tax reform could hurt U.S. state and local governments: S&P WASHINGTON (Reuters) - Congressional lawmakers working on comprehensive tax reform could harm U.S. cities, states and other governments that sell municipal debt and damage their credit quality, Standard & Poor's Ratings Service said on Monday. IRS debuts online registration for firms ahead of FATCA law WASHINGTON (Reuters) - The Internal Revenue Service on Monday launched an online registration program for the hundreds of thousands of financial firms around the world that must comply with a U.S. anti-tax evasion law or risk being shut out of financial markets. U.S. gold coin sales plunge in August as retail buying fades NEW YORK (Reuters) - Demand for U.S. gold coins has plunged in recent weeks as the unprecedented buying by retail investors that helped bullion prices recover from their historic sell-off four months ago has almost vanished. Zillow offers stock at 3 percent discount (Reuters) - Zillow Inc said it will offer 5 million shares of its class A common stock for $82.00 apiece, a discount of 3 percent to the company's closing price on Monday. Blackstone targets up to $5 billion for new European fund: source (Reuters) - Blackstone's real estate arm is targeting up to $5 billion for a new European fund, according to a source familiar with the matter, as one of the world's biggest private equity firms bets on property deals in the region picking up. Narula's Metacapital Mortgage Fund gains in July after first-half loss BOSTON (Reuters) - After four months of losses, hedge fund manager Deepak Narula's flagship fund posted its biggest gain of the year last month. Related Video Facial recognition brings new look to shopping Daily Digit: 72% choose thin over $ Business News Penney sales stumble but back-to-school up and running Home Depot reaps benefits from U.S. housing rebound The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend