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 / October 6, 2010, 4:44 pm

Zhang's $6.7 Million Baby Boosts Sotheby's Mixed Hong Kong Sale

Oct. 5 (Bloomberg) -- Waving paddle 3008, a woman in a black dress at the center of Sotheby's Hong Kong saleroom saw off all comers to win a 1992 Zhang Xiaogang painting that set an artist record of HK$52.18 million ($6.73 million), as Chinese buyers ... (Source: BusinessWeek 2010-10-04T21:13:32Z)

Taiwan Still Reviewing Carlyle's Plan To Sell Kbro

TAIPEI -(Dow Jones)- Taiwan's media and broadcasting regulator said Wednesday it is still reviewing private-equity firm Carlyle Group LP's plan to sell its Taiwan cable television unit Kbro Co. National Communications Commission spokesman Chen Jeng-chang ... (Source: FOXBusiness 2010-10-06T10:19:46Z)

Australia Central Banker Shows Caution

SYDNEY—Australia's central bank still has a bias toward raising interest rates but will need to be more confident that the global economy will hold up before it tightens further, a policy board member said Wednesday. The remarks by Graham Kraehe, who is ... (Source: Wall Street Journal 2010-10-06T09:08:11Z)

A Losing Battle for the Bank of Japan

This is one battle the Bank of Japan will still lose. The central bank's attempt to weaken the yen against the dollar this week with more monetary easing may be more politically palatable than direct market intervention and even more cleverly designed to ... (Source: Wall Street Journal 2010-10-06T08:10:55Z)

Flash floods in eastern Indonesia kill at least 29

Heavy rain unleashed flash floods and mudslides, killing 29 people in a remote corner of Indonesia that rescuers were still struggling to reach days after the storms began, officials and witnesses said Tuesday. With dozens still missing, residents in West ... (Source: AP - msnbc.com 2010-10-05T12:15:29Z)

Chagall Sets a Record in Seoul Auctions' Uneven $10.2 Million Hong Kong Sale

HONG KONG— Despite a lackluster performance by several marquee lots, Korea's Seoul Auctions was able to claim a victory in its modern and contemporary art auction in Hong Kong today, setting the Asia's auction record for a work of Western modern art when ... (Source: ARTINFO 2010-10-04T20:59:13Z)

Romanee-Conti Lifts Sotheby's Hong Kong Wine Sale to Record $13.8 Million

Burgundy's Domaine de la Romanee- Conti led Sotheby's two-day wine sale in Hong Kong, where Asian buyers branched out from top Bordeaux labels like Chateau Lafite Rothschild to extend their dominance in the global wine market. The auctions tallied HK$ ... (Source: Bloomberg 2010-10-03T16:14:05Z)

Aussie tumbles as RBA unexpectedly skips rate hike

TOKYO (Reuters) - The Australian dollar fell sharply on Tuesday after the Reserve Bank of Australia surprised traders by skipping a widely expected rate hike. The Japanese yen was easier on the day but still not far from a 15-year high as the market looks ... (Source: Reuters 2010-10-05T04:15:53Z)

BEARS IN BRIEF: Tice still confident in 28th-ranked run

Bears offensive line coach Mike Tice is confident the run offense will come around, but he's not making any apologies for the slow start. ''As we get going, we'll get the run going,'' Tice said. ''There's been times where we've started out slow with the ... (Source: Chicago Sun-Times 2010-09-24T04:57:33Z)

U.S. Indexes Find Little Reason to Rally

Indexes on Wall Street stumbled a bit on Wednesday after a private-sector jobs report renewed concerns about the pace of the recovery, particularly in the labor market. Indexes in Asia and Europe, however, closed higher as speculation grew that the Federal ... (Source: New York Times 2010-10-06T19:52:25Z)

Auburn-Kentucky Preview

Auburn surely remembers what happened against Kentucky last year, but there will be one major difference in Saturday night's matchup -- Cam Newton will be on the field. The No. 8 Tigers look to open 6-0 for the first time since 2004 when they head to ... (Source: ESPN.com 2010-10-05T23:14:03Z)

Wall Street falls on Microsoft and Swiss bank rules

NEW YORK (Reuters) - Stocks fell about 1 percent on Monday after a brokerage downgrade of Microsoft and new capital rules set by Switzerland revived worries about the European banking system. "It is an overhanging issue of uncertainty out there that ... (Source: Reuters 2010-10-04T16:05:44Z)

Australian Dollar Drops as RBA Unexpectedly Extends Rate Pause

Oct. 5 (Bloomberg) -- The Australian dollar slid by the most in almost two months after its central bank unexpectedly kept interest rates on hold for a fifth month. The so-called Aussie fell against 15 of 16 major counterparts as Reserve Bank of Australia ... (Source: BusinessWeek 2010-10-05T05:27:28Z)

Bears have thin line of commitment

Astutely sensing that his offense is in a crisis and his franchise quarterback at a career crossroads, Jerry Angelo has signed a ... defensive lineman? What the team's general manager is acknowledging by releasing defensive end Mark Anderson and signing ... (Source: Southtown Star 2010-10-06T18:26:32Z)

Along Highways, Signs Of Serial Killings

( USA TODAY ) -- A passerby found the severed head on Feb. 10, wrapped in two plastic bags and stuffed inside a backpack in Barstow, Calif. Authorities still haven't identified the victim or her killer, but the circumstances point in a particular direction ... (Source: WUSA 2010-10-06T10:26:55Z)

'Creepy' cases rise as FBI links slayings on highways

A passerby found the severed head on Feb. 10, wrapped in two plastic bags and stuffed inside a backpack in Barstow, Calif. Authorities still haven't identified the victim or her killer, but the circumstances point in a particular direction. The teenage ... (Source: Des Moines Register 2010-10-05T10:49:35Z)

Chicago Bears Versus Green Bay Packers: 10 Things We Learned

Another game, another win for the Bears. The Bears are the only undefeated team remaining in the NFC after week three and they looked decent against the Packers but still have some work to do. The Bears are starting to develop a really strong team on both ... (Source: Bleacherreport.com 2010-09-29T20:29:22Z)

S3 Investment Company Announces New Redwood Office in Hong Kong as Part of Subsidiary ...

DANVILLE, Calif., Oct. 5, 2010 (GLOBE NEWSWIRE) -- S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that as part of the expansion of the company's subsidiary operations in China, a Redwood office has been established in Hong Kong. The new ... (Source: msnbc.com 2010-10-05T21:40:59Z)

Markets await Trichet's comments on strong euro

LONDON — European Central Bank head Jean-Claude Trichet faces a quizzing about the euro's ascent to eight-month highs against the dollar when he holds his monthly press conference Thursday. The markets will be interested to see if Trichet uses the ... (Source: msnbc.com 2010-10-06T23:27:10Z)

European Stocks, U.S. Futures Advance; Yen Weakens, Gold Rallies

Oct. 5 (Bloomberg) -- European stocks snapped six days of losses and U.S. futures advanced on speculation that central banks will keep stoking economic growth after the Bank of Japan lowered interest rates and pledged asset purchases. The yen weakened and ... (Source: BusinessWeek 2010-10-05T09:52:19Z)

Along U.S. highways, signs of serial killings

A passer-by found the severed head Feb. 10, wrapped in two plastic bags and stuffed inside a backpack in Barstow, Calif. Authorities still haven't identified the victim or her killer, but the circumstances point in a particular direction. The teenage girl ... (Source: Livingston Daily.com 2010-10-05T09:09:22Z)

Blogger roundtable: Josh Bynes ferocious, solid, consistent for Auburn

Auburn question 1 : One encouraging sign from Auburn's blowout win over La.-Monroe is that a number of younger defensive players got some significant time on the field. How much is defensive depth still a concern for the Tigers? Any younger players we ... (Source: Birmingham News 2010-10-06T22:44:13Z)

UPDATE 1-Taiwan to seek more talks on Carlyle unit sale-source

TAIPEI Oct 6 (Reuters) - Taiwan's broadcast regulator has put off its decision on Carlyle Group's [CYL.UL] $1.17 billion sale of its Taiwan cable TV unit amid concerns over competition issues, a government source with direct knowledge of the situation said ... (Source: Reuters 2010-10-06T06:30:42Z)

Auburn finds itself in familiar spot

AUBURN - The Auburn Tigers are right where they were this time last year: 5-0, moving up the rankings and feeling pretty good about themselves. Last time, they flopped. Coach Gene Chizik said the jury is still out on this year. The No. 8 Tigers (5-0, 2-0 ... (Source: Fort Payne Times Journal 2010-10-06T22:37:04Z)

Indonesia floods, mudslides kill 56

TELUK WONDAMA, Indonesia - Heavy rain unleashed flash floods and mudslides, killing at least 56 people in a remote corner of Indonesia that rescuers were struggling to reach, officials and witnesses said Tuesday. With dozens still missing, residents in ... (Source: Philadelphia Daily News 2010-10-06T07:06:29Z)

Taiwan: Still Reviewing Carlyle Plan To Sell Cable TV Station

TAIPEI -(Dow Jones)- Taiwan's media and broadcasting regulator said Wednesday it is still reviewing private-equity firm Carlyle Group LP's plan to sell its Taiwan cable television unit Kbro Co. The National Communications Commission discussed Carlyle's ... (Source: FOXBusiness 2010-10-06T07:06:29Z)

The 39th Hong Kong Arts Festival 2011 - Unveils 200 Performing Arts and Theater Shows

Today the Hong Kong Arts Festival (HKAF) announced details of the forthcoming 39th Hong Kong Arts Festival 2011, to be staged in 15 different venues over 39 days -- from 17 February through to 27 March 2011 -- with more than 200 performing arts and theater ... (Source: YAHOO! 2010-10-06T09:01:01Z)

Indonesia: At Least 29 Killed in Flash Floods

(TELUK WONDAMA, Indonesia) — Heavy rain unleashed flash floods and mudslides, killing 29 people in a remote corner of Indonesia that rescuers were still struggling to reach days after the storms began, officials and witnesses said Tuesday. With dozens ... (Source: Time 2010-10-05T11:39:41Z)

European Shares Higher, Still Riding Move by Bank of Japan

Shares in Asia and Europe rallied Wednesday as speculation grew that the Federal Reserve might soon take additional moves to stimulate the economy in the wake of similar efforts by Japan. The dollar fell to its lowest levels of the year against most major ... (Source: New York Times 2010-10-06T13:47:21Z)

Analyst expects Sotheby's 3Q sales to improve

Sotheby's stock climbed Thursday as an analyst predicted the auction house's third-quarter sales should rise about 60 percent from a year ago. THE SPARK: Wedbush's Rommel Dionisio anticipates Sotheby's will be able to capitalize on rebounding art prices ... (Source: AP - msnbc.com 2010-09-23T17:37:31Z)

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