Auction http://www.globalpost.com/taxonomy/term/23840/all en Bond auction results show confidence in French economy - finmin http://www.globalpost.com/dispatch/news/thomson-reuters/130108/bond-auction-results-show-confidence-french-economy-finmin <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p/> </p/> Auction CDATA XML Thomson Reuters Tue, 08 Jan 2013 13:52:27 +0000 Thomson Reuters 5731482 at http://www.globalpost.com LDA auctions 28 properties for Rs 354.153m http://www.globalpost.com/dispatch/news/asianet/130404/lda-auctions-28-properties-rs-354153m <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> A total of 28 properties, including 25 commercial plots, one residential plot of block F One Johar Town and two residential plots of Venus Housing Scheme (Private) were auctioned against a sum of Rs.354.153 million by the Lahore Development Authority on Wednesday.</p><P>Open auction of 55 residential and commercial plots of different housing schemes was held in LDA Community Centre, 239-A, New Muslim Town which was participated by 113 bidders who had deposited earnest money for this purpose.</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130404/lda-auctions-28-properties-rs-354153m" target="_blank">read more</a></p> Auction Auction theory Auctioneering Technology Asianet Thu, 04 Apr 2013 20:05:25 +0000 Asianet 5802283 at http://www.globalpost.com Chinese bowl fetches record price in Hong Kong http://www.globalpost.com/dispatch/news/afp/130409/chinese-bowl-fetches-record-price-hong-kong <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A rare red "lotus bowl" from the Chinese emperor Kangxi period of 1662-1722 has been sold for an eye-popping $9.5 million at a Hong Kong sale, auction house Sotheby's said.</p> <p>The price set a new world record for any Chinese porcelain from the Kangxi period during the Qing dynasty after it was bought by a Hong Kong ceramics dealer for HK$74 million ($9.5 million) Monday, Sotheby's said in a statement.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130409/chinese-bowl-fetches-record-price-hong-kong" target="_blank">read more</a></p> Auction Business Sotheby's AFP Tue, 09 Apr 2013 11:46:13 +0000 Agence France-Presse 5806835 at http://www.globalpost.com Colonial psalm book could sell for $30 million at NY auction http://www.globalpost.com/dispatch/news/thomson-reuters/130412/colonial-psalm-book-could-sell-30-million-at-ny-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NEW YORK (Reuters) - One of 11 surviving copies of the first book printed in America is hitting the auction block later this year and is expected to fetch as much as $30 million (19.5 million pounds), which would make it the most valuable book in history, Sotheby's said on Friday.</p> <p>The Bay Psalm Book was printed in 1640 in Cambridge, Massachusetts. It is being sold from the collection of Boston's Old South Church to fund building repairs and sustain its ministry.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130412/colonial-psalm-book-could-sell-30-million-at-ny-auction" target="_blank">read more</a></p> Auction Business Sotheby's Thomson Reuters Fri, 12 Apr 2013 19:45:27 +0000 Thomson Reuters 5814087 at http://www.globalpost.com Coveted Hopi mask at controversial Paris auction fetches $210,000 http://www.globalpost.com/dispatch/news/agencia-efe/130412/coveted-hopi-mask-at-controversial-paris-auction-fetches-210000 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>Paris, Apr 12 (EFE).- The most coveted piece in a controversial auction of Hopi Indian artifacts - the Angwusnasomtaqa, or Mother Crow, mask - fetched 160,000 euros ($210,000) on Friday after a court in the French capital allowed the sale of the items to proceed.</p> <p>The 70-piece collection brought in a total of 931,435 euros (roughly $1.2 million) and was sold to "great art lovers" who preferred to remain anonymous, organizers told Efe.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.efe.com" class="button wire efe"></a></p> <p><a href="http://www.globalpost.com/terms-use#efe"><span>Copyright EFE, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/agencia-efe/130412/coveted-hopi-mask-at-controversial-paris-auction-fetches-210000" target="_blank">read more</a></p> Auction Auction theory Auctioneering Agencia EFE Fri, 12 Apr 2013 20:01:22 +0000 Agencia EFE 5814155 at http://www.globalpost.com Egypt sells $600 million to import basic goods http://www.globalpost.com/dispatch/news/thomson-reuters/130414/egypt-sells-600-million-banks-cover-strategic-imports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Egypt central bank sells $600 mln at special auction</p> <p>* Auction points to scale of pent up demand for basics</p> <p>By Ulf Laessing and Asma Alsharif</p> <p>CAIRO (Reuters) - Egypt's central bank sold $600 million to banks in a special auction of foreign exchange on Sunday to pay for wheat, meat, cooking oil and other essential imports to a country struggling with a currency crisis.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130414/egypt-sells-600-million-banks-cover-strategic-imports" target="_blank">read more</a></p> Auction Business Currency Economics Money Thomson Reuters Sun, 14 Apr 2013 16:01:34 +0000 Thomson Reuters 5815356 at http://www.globalpost.com Hotel de Crillon wines snapped up at auction http://www.globalpost.com/dispatch/news/afp/130422/hotel-de-crillon-wines-snapped-at-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>An auction of 2,000 bottles of wine belonging to Paris's luxury Hotel de Crillon, which is selling off furniture and stock during its closure for a two-year-long makeover, fetched 300,000 euros ($391,500) on Monday.</p> <p>The top draw from the prestigious wine cellar -- home to an impressive 17,000 bottles -- was a prize Remy Martin Louis XIII Black Pearl cognac that sold for 9,100 euros. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130422/hotel-de-crillon-wines-snapped-at-auction" target="_blank">read more</a></p> 8th arrondissement of Paris Auction Auction theory Human Interest AFP Mon, 22 Apr 2013 20:02:33 +0000 Agence France-Presse 5822607 at http://www.globalpost.com US Treasury 3-year notes sell at 0.631% http://www.globalpost.com/dispatch/news/afp/130806/us-treasury-3-year-notes-sell-at-0631 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The US Treasury auctioned $32 billion in three-year notes Tuesday at a high yield of 0.631 percent, with 90.49 percent of the allotment going out at that level.</p> <p>Demand was slightly lighter than in recent weeks: the bid-to-cover ratio was 3.21, compared to the average of 3.34 in the past six auctions of the same notes.</p> <p>Direct bidders took up only 14.0 percent of the offer, but indirect bidders, which can include foreign central banks, rose to 41.4 percent.</p> <p>The next three-year note auction by the Treasury comes on September 10.</p> <p>pmh/sst</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> Auction US Treasury AFP Wed, 07 Aug 2013 00:20:04 +0000 Agence France-Presse 5904192 at http://www.globalpost.com Brazil puts off auction for Sao Paulo-Rio bullet train http://www.globalpost.com/dispatch/news/afp/130812/brazil-puts-auction-sao-paulo-rio-bullet-train <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Brazilian authorities on Monday announced a one-year delay in the start of bidding for a $16 billion high-speed train link between Sao Paulo and Rio at some of the bidders' request.</p> <p>Transport Minister Cesar Borges said some of the prospective bidders "requested a postponement of the process" to finalize agreements among those likely to take part.</p> <p>The auction for the rail project to link Rio with Sao Paulo and Campinas had been expected to take place on September 19.</p> <p>Borges said the train was still expected to be ready in 2020.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130812/brazil-puts-auction-sao-paulo-rio-bullet-train" target="_blank">read more</a></p> Auction Auction theory São Paulo AFP Mon, 12 Aug 2013 22:17:38 +0000 Agence France-Presse 5908480 at http://www.globalpost.com India telecoms panel recommends raising spectrum auction reserve price http://www.globalpost.com/dispatch/news/thomson-reuters/131106/india-telecoms-panel-recommends-raising-spectrum-auction-reserv <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>NEW DELHI (Reuters) - An Indian government panel on Wednesday recommended raising the reserve price for mobile phone spectrum auctions by 15 percent more than the price suggested by a federal regulator in the 1800 megahertz band, and by 25 percent in the 900 megahertz band.</p> <p>The panel, made up of civil servants, has recommended allowing mergers with a combined market share of up to 50 percent, a senior government official told reporters.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/131106/india-telecoms-panel-recommends-raising-spectrum-auction-reserv" target="_blank">read more</a></p> Auction Auction theory Auctioneering Thomson Reuters Wed, 06 Nov 2013 08:17:30 +0000 Thomson Reuters 5981440 at http://www.globalpost.com Art pieces seized from ex-president Chun up for auction http://www.globalpost.com/dispatch/news/yonhap-news-agency/131127/art-pieces-seized-ex-president-chun-auction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, Nov. 27 (Yonhap) -- Hundreds of art pieces formerly owned by the family of disgraced ex-president Chun Doo-hwan will be up for sale next month, a local auction house said Wednesday.</p> <p>Prosecutors seized some 600 pieces of art during their search of homes and houses of the family members in July as part of their efforts to collect a huge amount of the wealth the former leader illegally accumulated during his rule in the 1980s.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2013. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/131127/art-pieces-seized-ex-president-chun-auction" target="_blank">read more</a></p> Auction Auctioneering Business Hospitality Law Politics Yonhap News Agency Wed, 27 Nov 2013 12:46:05 +0000 Yonhap News Agency 6001533 at http://www.globalpost.com Rembrandt, Chinese painters star in Sotheby's first major China sale http://www.globalpost.com/dispatch/news/thomson-reuters/131129/rembrandt-chinese-painters-star-sothebys-first-major-china-sale <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Adam Rose</p> <p>BEIJING (Reuters) - Sotheby's will hold its first major auction on the Chinese mainland on Sunday as competition between the New York-based auction house and its long-time rival Christie's moves into one of the world's hottest art markets amid a government crackdown on corruption and luxury spending.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/131129/rembrandt-chinese-painters-star-sothebys-first-major-china-sale" target="_blank">read more</a></p> Auction Auctioneering Business Thomson Reuters Fri, 29 Nov 2013 14:42:04 +0000 Thomson Reuters 6003728 at http://www.globalpost.com US wine-fraud trial: dealer 'millions in debt' http://www.globalpost.com/dispatch/news/afp/131210/us-wine-fraud-trial-dealer-millions-debt <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Rudy Kurniawan may have been one of the world's top wine collectors and dealers but he fell heavily into debt as early as 2007, prosecutors told his fraud trial in New York on Tuesday.</p> <p>The 37-year-old Indonesian of Chinese descent, who has lived illegally in the United States since his asylum bid was rejected in 2003, is accused of blending ordinary wines into fake vintages in his California kitchen to sell to wealthy collectors.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/131210/us-wine-fraud-trial-dealer-millions-debt" target="_blank">read more</a></p> Auction Auctioneering Law Rudy Kurniawan Wine AFP Tue, 10 Dec 2013 21:16:50 +0000 Agence France-Presse 6016180 at http://www.globalpost.com Chun family art sells out again http://www.globalpost.com/dispatch/news/yonhap-news-agency/131218/chun-family-art-sells-out-again <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, Dec. 18 (Yonhap) -- Another batch of artworks seized from the collection of disgraced former President Chun Doo-hwan to pay outstanding fines sold out on Wednesday, a local auction house said.</p> <p>A total of 121 art pieces from the Chun family were sold at a special auction, mostly at prices far higher than initial estimates, Seoul Auction said.</p> <p>They fetched 2.77 billion won (US$2.63 million) in total, far higher than the lowest estimate of 1.75 billion won, it added.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://english.yonhapnews.co.kr" class="button wire yonhap"></a></p> <p>Copyright Yonhap News Agency, 2013. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.</p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/131218/chun-family-art-sells-out-again" target="_blank">read more</a></p> Auction Auctioneering Business Chun Doo-hwan Hospitality Law Politics Yonhap News Agency Wed, 18 Dec 2013 14:46:49 +0000 Yonhap News Agency 6023520 at http://www.globalpost.com Jewel thieves on the run after Paris auction heist http://www.globalpost.com/dispatch/news/afp/140219/jewel-thieves-the-run-after-paris-auction-heist <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Three thieves were on the run Wednesday after snatching a briefcase containing 300,000 euros worth of jewels outside the famous Drouot auction house in Paris.</p> <p>The thieves used tear gas to incapacitate two auctioneers and two assistants outside the auction house in central Paris around 6:00 pm (1700 GMT), police said.</p> <p>They then grabbed the briefcase containing about 300,000 euros ($412,000) worth of jewels and escaped on a motorcycle.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140219/jewel-thieves-the-run-after-paris-auction-heist" target="_blank">read more</a></p> Auction AFP Wed, 19 Feb 2014 20:19:18 +0000 Agence France-Presse 6075396 at http://www.globalpost.com