Edward Chan News
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Chow Tai Fook Jewellery Group Ltd. and New China Life Insurance Co. dropped in gray-market trading ahead of their debuts in Hong Kong as concern over slowing growth in China sapped stocks for a fifth straight day.
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Regulators may diminish the central role of government bonds in planned banking rules designed to make the financial system safer.
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Options to protect against declines in Chinese stocks are the most expensive in four years as traders lose confidence in forecasts for a rally by Credit Suisse Group AG, Morgan Stanley and Deutsche Bank AG.
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Standard Chartered Bank Ltd. urged a Hong Kong judge to throw out a local beauty tycoon’s lawsuit, with the bank’s lawyer claiming the business owner didn’t suffer any losses on her Lehman Brothers-related investment.
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When James Renfro had to stop making payments on his two-story fixer-upper in Parma, Ohio, a suburb of Cleveland, he triggered events that were supposed to result in the forced sale of his home.
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Hewlett-Packard Co. and Oracle Corp. said they resolved litigation over the appointment of Mark Hurd as a president of Oracle and reaffirmed the long-term partnership between the two companies.
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The price of options to protect against losses on equities from China to India and Brazil has surged to its highest since 2009 relative to U.S. contracts.
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Agricultural Bank of China Ltd. has about 350 million reasons why investors might want to buy into what could be the world’s largest initial public offering, and construction worker Zhao Qiang is one of them.
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A Hong Kong court dismissed a local beauty tycoon’s claims against Standard Chartered Bank Ltd. over investments related to bankrupt Lehman Brothers Holdings Inc. because she didn’t suffer any direct losses.
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