11. Digitel SA and Multi Ingenieria y Elca won government auctions for the rights to build and operate telephone lines in rural areas of Venezuela. 12. First MCI was going to bid on wireless licenses at a government auction. 13. HONG KONG stocks rose for a second day as record bids at a government land auction fueled confidence in the local property market. 14. HONG KONG stocks fell as Sino Land Co. took its biggest tumble since January after it paid a record price for land at a government auction. 15. In addition, the government auctions could cause dealers to try to raise the yields in advance to make the securities easier to distribute to investors. 16. In June, the government and Iusacell worked out an agreement tied to government auctions for telecommunications licenses that are slated to begin next month. 17. In Singapore, a government land auction was given a cold shoulder and drew disappointing bids. 18. Japanese bonds fell on concern a pair of expected government bond auctions and a spate of new corporate issues could swamp investor demand for fixed-income securities. 19. Legal injunctions won by unions and other groups opposed to selling state assets are a common feature of government auctions in Brazil. 20. Lower-than-expected bids at a government land auction on Wednesday prompted the sell-off. |