miami-homes Global Market Turmoil: Santander Mulls Property Fund, MSCI's Indonesia Warning, Microsoft's Market Loss
Banco Santander SA is considering launching a new fund to invest in property development in Iberia. Chinese property firms have taken advantage of improving sentiment for the sector by offering the most bonds in almost four years. Microsoft Corp.'s more than $400 billion wipeout in stock market valuation marked the second-largest in history if it holds through the close.