Sector: Real Estate

HONG KONG (Reuters) - Hong Kong tycoon Joseph Lau, who heads developer Chinese Estates Holdings <0127.HK>, will face prosecution over bribery and money laundering in a land deal in Asia's gambling capital, Macau, Chinese Estates said in a statement on Thursday.

BEIJING (Reuters) - China's Ministry of Finance said on Thursday it had given 66 billion yuan ($10.5 billion) to local governments to help build public housing for rent, one of five categories of state-subsidized affordable housing.

HONG KONG (Reuters) - Joseph Lau, the flamboyant tycoon who heads developer Chinese Estates Holdings <0127.HK>, will face prosecution over bribery and money laundering in a land deal in Asia's gambling capital, Macau, the second high-profile corruption case involving a Hong Kong property company in two months.

HONG KONG (Reuters) - Joseph Lau, the flamboyant tycoon who heads developer Chinese Estates Holdings <0127.HK>, will face prosecution over bribery and money laundering in a land deal in Asia's gambling capital, Macau, the second high-profile corruption case involving a Hong Kong property company in two months.

Some brave souls who prefer to live the rainbow dress up their homes in bold shades. Presented in approximate “ROY G. BIV” order (how they would appear on the spectrum), are nine colorful homes (with a few pastels).

WASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April, with rising sales and prices providing evidence that a housing market recovery was gaining some traction.

WASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April with rising sales and prices providing evidence that a housing market recovery was gaining some traction.

WASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April with rising sales and prices providing evidence that a housing market recovery was gaining some traction.

WASHINGTON (Reuters) - New single-family home sales rose solidly in April and prices pushed higher, offering further evidence the housing market was turning the corner.

WASHINGTON (Reuters) - New single-family home sales rose solidly in April and prices pushed higher, offering further evidence the housing market was turning the corner.

New U.S. single-family home sales rose more than expected in April and prices pushed higher, further evidence the housing market was turning the corner.

WASHINGTON (Reuters) - New single-family home sales rose more than expected in April and prices pushed higher, further evidence the housing market was turning the corner.

WASHINGTON (Reuters) - New U.S. single-family home sales rose more than expected in April and prices pushed higher, further evidence the housing market was turning the corner.

WASHINGTON (Reuters) - New U.S. single-family home sales rose more than expected in April and prices pushed higher, further evidence the housing market was turning the corner.

Applications for U.S. home mortgages rose last week, fueled by demand for refinancings as mortgage rates hit fresh record lows, an industry group said on Wednesday.