Real Estate

Shadow Banks on Trial as China’s Rich Sister Faces Death

2012-04-11 10:20:37

When a Chinese court sentenced 28- year-old Wu Ying, known as “Rich Sister,” to death for taking $55.7 million from investors without paying them back, it sparked an unexpected firestorm that has drawn in China’s top leadership.

U.K. House-Price Gauge Rises to Highest in 21 Months, RICS Says

2012-04-10 08:13:06

A U.K. house-price index rose to a 21-month high in March as first-time buyers sought to take advantage of an expiring property-tax exemption, the Royal Institution of Chartered Surveyors said.

JPMorgan’s Iksil May Spur Regulators to Dissect Trading

2012-04-10 08:12:30

Market-moving trades by JPMorgan Chase & Co. (JPM)’s chief investment office probably will force regulators to seek more detail on banks’ derivatives positions to help them distinguish risk management from speculation.

Ally Dismisses 33 as Broker-Dealer Ends Mortgage Activity

2012-04-10 08:11:45

Ally Financial Inc. (ALLY), the home and auto lender majority owned by U.S. taxpayers, will cease underwriting and trading mortgage-backed securities at its broker-dealer and dismiss most of its 33 traders and analysts.

Multifamily Bonds Surging to Record U.S. as CMBS Fade: Mortgages

2012-04-10 08:11:11

Bonds backed by Fannie Mae and Freddie Mac tied to apartments soared to a record as the government-supported mortgage companies made low-cost loans on rental properties amid a continued slide in home values.

Shopping Centers Occupancy Gains Amid Slow U.S. Recovery

2012-04-09 08:50:10

U.S. shopping centers had a net gain in occupancies in the first quarter amid a slow economic recovery, according to property-research company Reis Inc. (REIS)

High-End Homebuyers Find Stamp Duty Tax Loopholes, FT Says

2012-04-09 08:49:29

Buyers of U.K. homes with a value exceeding two million pounds ($2.91 million) have found loopholes to avoid paying top-rate stamp duty less than a month after the government introduced a higher levy, the Financial Times reported.

JPMorgan Trader Iksil Fuels Prop-Trading Debate With Bets

2012-04-09 08:48:45

JPMorgan Chase & Co. (JPM) trader Bruno Iksil’s outsized bets in credit derivatives are drawing attention to a little-known division that invests the company’s reserves and fueling a debate over whether banks are taking excessive risks with federally insured and subsidized money.

Great Wolf Gets $234 Million KSL Bid That Tops Apollo Again

2012-04-09 08:47:57

Great Wolf Resorts Inc. (WOLF) got a $234 million takeover offer from KSL Capital Partners LLC, topping a bid from Apollo (APOL) Global Management LLC for a second time and extending a private-equity bidding contest for the water-park operator.

Dodgers Costing $2.15 Billion Hinges on Property Return

2012-04-05 08:09:52

The new owners of the Los Angeles Dodgers will need more than great play on the field to justify the record $2.15 billion they paid for the baseball team. They may need to transform the real estate surrounding Dodger Stadium into a money maker, succeeding where their predecessors failed.

Lawson in Talks to Buy at Least Three China Store Chains

2012-04-05 08:09:07

Lawson Inc. (2651), Japan’s second-largest convenience-store chain, is in talks to buy at least three operators in China in its first overseas acquisition as the company looks to faster growing markets to increase sales.

CBRE Global Sees Buying Chance in China as Curbs Cool Market

2012-04-05 08:08:20

CBRE Global Investors, manager of $94.8 billion of real-estate assets, said the next one to two years will be a good time to invest in China’s property market as it slows on the government’s tightening policies.

Blackstone Said to Agree to Purchase 69 U.S Warehouses

2012-04-05 08:07:26

Blackstone Group LP (BX) agreed to buy 69 industrial properties valued at about $800 million from Dexus Property Group (DXS), expanding its bet on a U.S. economic recovery, according to a person with knowledge of the deal.

Office Rents Increase 5.6% in Manhattan’s Midtown South

2012-04-04 09:51:28

Rising demand for space from Internet and media firms helped boost rents at office buildings south of midtown Manhattan by 5.6 percent in the first quarter, according to a report by Cushman & Wakefield Inc.

Hovnanian Plans to Sell 25 Million Shares to Puchase Debt

2012-04-04 09:50:49

Hovnanian Enterprises Inc. (HOV), the largest homebuilder in New Jersey, plans to sell 25 million shares to buy debt.

First < 3 4 5 6 7 8 9 10 11 > Last

TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
5,353.00	4,933.00
1oz ABC Bullion Cast Bar
4,448.00	4,048.00
100g ABC Bullion Bar
14,217.50	12,967.50
1kg ABC Bullion Silver
1,695.50	1,345.50