HONG KONG, June 20- Hong Kong shares were poised to open on Thursday near their lowest level since September, with interest rate-related counters such as property developers down after the U.S. The Hang Seng Index was set to open down 1.5 percent at 20,668.8, near a nine-month low set last week.» Read More
HONG KONG, June 13- Hong Kong shares were set to start lower on Thursday, dragged down by Hong Kong property developers, with New World Development sliding 3.8 percent to be the top percentage loser among Hang Seng benchmark components. The Hang Seng Index was set to open down 1.3 percent at 21,069.26.
June 6- The Internal Revenue Service is challenging the tax-free status of municipal bonds issued for infrastructure at The Villages retirees development in Florida, a ruling that may affect hundreds of other sellers of so-called dirt bonds.
LONDON, June 4- A protest against plans to fell trees for a development near Istanbul's Taksim Square, the precursor to five days of rioting, reflects the scarcity of open space in Turkey's largest city, thanks to rampant construction.
HONG KONG, June 3- Hong Kong shares were poised to start June lower on Monday, with local property developers broadly weaker as New World Development sank to a five-month low following anemic weekend home sales. The Hang Seng Index was set to start down 0.4 percent at 22,301.7 points.
HONG KONG, May 24- China shares posted their fourth-straight weekly gain on Friday, despite weakness in property developers amid concerns that the Chinese economy may be slowing. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.6 percent, while the Shanghai Composite Index also closed up 0.6 percent at 2,288.5 points.
PARIS, May 18- Chinese, South Korean and Spanish firms are vying to develop a hydropower project likely to cost between $9 billion and $14 billion on the Congo River, Congolese officials said on Saturday.
Morningstar reports that Canada's banks and its housing finance agency may take serious losses if Canada's home prices decline.
HONG KONG, May 14- He has trained on Broadway and been a Wall Street banker. The grandson of Hong Kong billionaire Cheng Yu-tung, who built up jeweller Chow Tai Fook and real estate titan New World Development, Cheng is one of a new generation of business leaders in Asia who are taking over the corporate reins from their ageing rags-to-riches forebears.
It seemed as if Canada had avoided the excesses of the housing bubble that hit so many nations. But now it may be catching up.
HONG KONG, May 10- China shares rose on Friday to close out their second-straight weekly gain, helped by strength in property-related counters as robust April sales from some developers overshadowed a pledge by the central bank to focus on containing inflation.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
*Tehran skyline transformed by construction boom. May 8- The Iranian property developer leant back in his chair, drew hard on a shisha pipe and looked down at photographs of a Tehran apartment block on his tablet computer.
HONG KONG, April 25- China shares posted a third loss in four sessions on Thursday, dragged by the property sector after local media reported that the banking regulator had instructed lenders to stop extending loans to developers guilty of "malpractices".
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, April 16- Amid the recriminations that pass for debate in Australia, one point was missed about the scrapping of Woodside Petroleum's $45 billion Browse liquefied natural gas project: nobody said the demand wasn't there.
HONG KONG, April 8- Hong Kong shares were set to start flat on Monday, as strength in Chinese footwear retailer Belle International offset weakness in local property developers after weekend sales volumes disappointed. The Hang Seng Index was set to open flat at 21,733.8.
SHANGHAI, April 1- China shares closed weaker on Monday, but real estate counters rose after authorities unveiled tightening measures that were less stringent than the market feared. The property sub-index climbed 0.9 percent, led by Poly Real Estate, which gained 3.0 percent. Shenzhen- listed developer China Vanke rose 2.2 percent.
HONG KONG, March 26- A series of tightening measures have put the brakes on Hong Kong's overheated property sector, forcing developers to cut prices and prompting a warning from Asia's richest man Li Ka- shing: speculators stay away.
March 19- Cape Wind said Tuesday it expects to complete financing for its long-delayed 468- megawatt offshore wind farm and start construction of the project in federal water off Cape Cod, Massachusetts, by the end of the year.
*Sony building sale closes- sources. NEW YORK, March 15- Japan's Sony Corp on Friday completed the sale of its U.S. headquarters for $1.1 billion to a group led by real estate developer the Chetrit Group, three sources familiar with the deal said.
*China property weak after talk on strict curb-enforcement. HONG KONG, March 15- Hong Kong and China shares ended their worst week in three on a tepid note on Friday, dragged down by Chinese property developers after official media reported that new curbs on the housing market will be strictly enforced.