HKEx would not have listed problem companies-CEO

NEW YORK, June 10 | Fri Jun 10, 2011 10:13am EDT NEW YORK, June 10 (Reuters) - The U.S.-listed Chinese companies running into accounting problems would not have been able to list in Hong Kong, Hong Kong Exchanges and Clearing Ltd (0388.HK) Chief Executive Officer Charles Li told cable network CNBC on Friday. He added that while the U.S. exchanges are disclosure-based, the Hong Kong Exchange is prescriptive, requiring companies to do certain things before Read more [...]

Heritage project a hit with residents

A recent workshop has helped entice some owners of heritage homes to put their houses on the New Westminster Heritage Register. On June 4, the City of New Westminster hosted its first heritage register homes workshop, which was a day-long workshop offered to owners of homes on New Westminster's heritage register. The workshop included presentations about various heritage home issues and display tables showing products and services offered in the community. Julie Schueck, the city's heritage Read more [...]

Interest in blue-chip suburbs drops as properties for sale rise

284 St Kilda St Brighton is a four-bedroom townhouse with bay views which has been listed with Hodges Brighton since July last year. Source: Herald Sun THE real estate market is awash with properties - 50 per cent more are for sale than a year ago. There were 32,753 houses for sale in Melbourne last month, compared with 20,831 in May last year. SQM Research Read more [...]

Historic house’s new life

Published on Fri Jun 10 08:00:00 BST 2011 AFTER 11 years of dereliction, a 450-year-old listed building in Mildenhall is finally set to be redeveloped. The historic site of coal and building merchants, Ridley and Hooper, in Mill Street, will be converted into 13 units of affordable housing Read more [...]

Mayor announces jazzy events for summer fun

From June to September Nice becomes one of the most popular attractions in France. Given that it accounts for one-third of overnight stays on the Côte d’Azur, hosting visitors has become an essential aspect of the summer without losing the Niçois culture. Estrosi says this year is going to be different with the theme “Nice 100% été” or “Nice 100% summer” prominent in all the activities, and for the first time the events will be listed in a guide. The programme reflects the city’s Read more [...]

Lloyds mulls spin-off for branches up for sale

Last month, the bank appointed Paul Pester to oversee the branches earmarked for disposal, and said he would head the business if it was listed separately.A spokeswoman for Lloyds said yesterday: "It has always been the objective to have a dual track. We will look for a buyer, and if we need to, the IPO (initial public offering] option is there." Lloyds has been told by European regulators to sell some 600 branches, which would represent the UK's seventh-biggest bank and could be worth more than Read more [...]