Hong Kong postpones property trust offering
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HONG KONG A 67-year-old public housing tenant Sunday forced the Hong Kong government and three of the world&#39;s largest financial institutions to postpone indefinitely a $2.73 billion real estate offering.
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Chinese computer maker Lenovo suspends trade in its shares in Hong Kong as reports link it to $2bn deal for IBM's PC  business.
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The fundamentals (eg, wage or population growth) are present to support a strong property market in Hong Kong. Wages in Hong Kong are not rising.
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State-owned Sberbank's   supervisory board postponed a decision on a share issue that  would be worth $8.7 billion at current prices, a senior finance  ministry official told Reuters on Tuesday.
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A final agreement on the future of the British Grand Prix has been postponed due to the typhoon which is threatening to wreck this weekend&#39;s Japanese Grand Prix.
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The group that sets US accounting rules decided yesterday to delay for six months its plan to force companies to treat stock option grants as immediate expenses.
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TORONTO (CP) - Trading in shares of Royal Group Technologies Ltd. remained halted by regulatory order Thursday amid rumours about police and securities commission investigations of the building products maker.
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Hong Kong&#39;s status as one of Asia&#39;s leading financial markets suffered a heavy blow yesterday as the US$3bn listing of the world&#39;s largest property trust
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Property stocks came under pressure on Friday after a leading broker warned clients that now was not the time to venture back into the sector.
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Chinese computer maker Lenovo's suspends trade in its shares in Hong Kong as reports link it to $2bn deal for IBM's PC  business.
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TULA, Russia  - State-owned Sberbank's  supervisory board postponed a decision on a share issue that would be worth $8.7 billion at current prices, a senior finance ministry official told Reuters on Tuesday.
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Stockland, Australia&#39;s fourth-biggest property trust, asked that its shares be halted from trading before it makes a proposal involving General Property Trust, which is subject to a takeover offer from Lend Lease Corp.
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An affiliate of private equity giant KKR delays repayments on debt related to the ailing US housing market.
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Equity Office Properties Trust, the target of the largest real estate takeover, yesterday rejected a $41 billion offer from Vornado Realty Trust, saying a $38.3 billion cash bid by Blackstone Group L.P. is less risky for shareholders.
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Shares in Air New Zealand were placed in a trading halt before NZX opened this morning. Air NZ requested its shares be placed on the halt ahead of a High Court announcement on the airline&#39;s proposed tie-up with Qantas.
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Bowing to corporate pressure, the group that sets standards for the US accounting industry yesterday postponed by six months its plan to force companies to expense employee stock options.
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The sale of a Highland estate is halted until it is decided  whether local people can make an offer.