Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / June 13, 2011, 10:42 pm

Taiwan to tentatively lower F-16 fighter jets budget after long delay in a US decision

Tuesday's statement by Luo Shou-he follows a long delay in a U.S. decision on the sale as Washington is reluctant to enrage China while it seeks Beijing's co-operation on various issues. Luo did not offer detail but said his ministry can adjust the budget ... (Source: Winnipeg Free Press 2011-06-14T05:22:05Z)

Chinese on Global Homebuying Spree as Local Markets Tighten

Hong Kong, which broker Savills Plc says is the world's most expensive place to buy an apartment, reported the number of home-sale transactions fell for a ... primarily Chinese, said Jim Carter, a real estate agent at Intero Real Estate Services in ... (Source: BusinessWeek 2011-06-14T04:53:27Z)

Taiwan arrests man accused of spying for China

TAIPEI, Taiwan—A senior Taiwan defense official says the island's authorities have arrested a Taiwanese man for spying for China. Defense Ministry spokesman Luo Shou-he said Tuesday that the bust came after a military officer reported to his superior ... (Source: Santa Cruz Sentinel 2011-06-14T05:07:46Z)

BIG BAD BRUINS FANS TAKE TO TWITTER

Robert." In the Vancouver arena's concourse, it was a family-friendly atmosphere with face painting, raffles, deals on concessions (!). Outside, thousands of teary Canucks fans watched the action on big screens set up near Rogers in designated fan zone ... (Source: Boston Herald 2011-06-14T05:00:37Z)

Stocks Halt Slump on M&A as Oil Drops

U.S. stocks rose, with the Standard & Poor's 500 Index rebounding from an almost three-month low, as a pickup in takeovers overshadowed concern the economic rebound is slowing. Oil retreated and Treasuries declined. The S&P 500 climbed 0.1 percent to ... (Source: Bloomberg 2011-06-13T20:18:04Z)

Taiwan to lower budget for F-16 fighter jets

Tuesday's statement by Luo Shou-he follows a long delay in a U.S. decision on the sale as Washington is reluctant to enrage China while it seeks Beijing's cooperation on various issues. Luo did not offer detail but said his ministry can adjust the budget ... (Source: AP - msnbc.com 2011-06-14T05:36:24Z)

Prada IPO five times subscribed

However, fragile market sentiment has weighed down on some recent offerings, with luggage maker Samsonite International SA pricing its $1.25bn IPO at the bottom of a revised price range, while startup Australian miner Resourcehouse pulling its $3.6bn sale. (Source: Punch 2011-06-14T05:07:46Z)

Asian markets higher despite China inflation jump

A round of confidence-building corporate deals in the U.S. helped lift Asian stock markets Tuesday, despite China's inflation rate jumping to a near three-year high. Oil prices hovered around $97 a barrel after a drop in Greece's credit rating added to ... (Source: AP - msnbc.com 2011-06-14T05:29:15Z)

GOP presidential debate aims at Obama, economy

Seeking to clarify his position, Romney noted he argued the two automakers should go through a managed bankruptcy process, which they did in combination with cash deals from the U.S. and Canadian governments. "The bailout program was not a success because ... (Source: Detroit News 2011-06-14T05:00:37Z)

Selena Gomez rules out pregnancy rumours

"I was just very malnourished, so I was low on iron and exhausted," People.com quoted her as saying Selena officially started her 'ten cities' tour with a performance at the Santa Monica Place, after the show was rescheduled from Friday 10, to Monday ... (Source: One India 2011-06-14T05:07:46Z)

East River Ferry Service, With 7 Stops, Starts Run

"Waiting for the G train can be an infinite experience," Mr. Moss said. "Four dollars is a bargain compared to the one-hour wait for the G train." A few dozen commuters rode the early boats on Monday, before giving way to tourists and sightseeing retiree (Source: New York Times 2011-06-14T05:29:15Z)

New life on Faneuil lease

T he planned $140 million sale of Faneuil Hall Marketplace's lease appears back on track just days after Boston officials blocked it. The Boston Redevelopment Authority says Faneuil Hall operator General Growth Properties has given would-be buyer ... (Source: Boston Herald 2011-06-14T04:46:18Z)

Nintendo hoping Wii U will follow success story of previous system

Expectations for the new machine have been high following the original Wii 's roaring success. Wii U, which will go on sale next year, features a motion-sensing controller with a tablet-like touch screen and high-definition graphics. Scott Steinberg , CEO ... (Source: Daily Oklahoman 2011-06-14T05:00:37Z)

2012 Race Steeped in Tea Party

"The tea people I know who have stayed active in politics for more than a decade, they remember Ronald Reagan being blown off as a second-tier movie actor, and they remember Jimmy Carter being blown off as a peanut farmer," Fiala said. "From that ... (Source: Roll Call Online 2011-06-13T19:20:48Z)

Selena Gomez is 'feeling much better' after recent sickness

"Feeling much better, thank you all for being so understanding," she wrote. "Can't wait to see you all today at Santa Monica Place for the Monte Carlo kick off." Today's show makes up for the one she missed last Friday due to her illness. (Source: Entertainment Weekly Online 2011-06-13T19:42:16Z)

S&P Says Greek Default "Likely". US banks on the hook. Another TARP?

And since, as noted in the linked Minyanville article, there is NO exchange for credit default swaps, there is no way to know how many such deals have been struck. The US banks say that they have re-insured their insurance; with who is not known. (Source: DAILY KOS 2011-06-13T20:10:54Z)

Selena Gomez "In and Out" of Hospital Over the Weekend, but "Feeling Stronger"

A rep for the Disney star said that Gomez and her band, The Scene , will go ahead with an afternoon performance today at a mall in Santa Monica as scheduled. UPDATED at 11:53 a.m.: Selena just took to Twitter to provide an update on her condition ... (Source: Entertainment Online 2011-06-13T20:53:51Z)

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