Christie's Hong Kong Evening Sale Draws $82 Million

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Buyers snapped up works by Japanese and Southeast Asian artists at Christie’s evening sale in Hong Kong on Saturday totaling 635 million Hong Kong dollars (US$82 million).

Is This Indonesia's Amazon.com?

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Online retailer Lazada Indonesia has faced challenges in a country where the e-commerce market is still small. But the startup’s backers are plowing ahead, hoping to get a head start over Amazon, Alibaba and eBay.

BMW and Lexus Heat Up the Compact-Crossover Market

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The growth in the compact-crossover sector is explosive. These cars offer the raised seating position and higher sightlines consumers love with the stability and versatility of a car-based wagon. Now, BMW and Lexus are entering the market in a big way.

The Rules on Capital-Loss Deductions

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You typically can deduct as much as $3,000 a year in capital losses from your ordinary income. You can carry unused deductions into subsequent years until they’re used up.

After a Good Start, Health Enrollment Faces Test

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The second year of Affordable Care Act insurance enrollment began without the widespread technical meltdowns that frustrated consumers last year, but the next few weeks will test whether HealthCare.gov can continue to operate reliably.

Record Bids in U.S. Airwave Auction

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A U.S. auction of wireless spectrum has collected $34 billion in bids, turning what was expected to be a relatively sleepy affair into a major windfall for taxpayers and posing enormous commitment of capital for the carriers.

Honda in Talks on Air-Bag Fix

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Honda is in talks with several air-bag suppliers besides Takata about securing replacement parts for vehicles recalled over defective Takata-made air bags, people knowledgeable about the matter said.

Elite Law Firms Lift Bonuses

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Three big law firms, Simpson Thacher, Paul Weiss and Clearly Gottlieb, are raising year-end bonuses for associate attorneys by as much as $40,000, partly reflecting this year’s resurgence in lucrative M&A work.

Dow Chemical, Loeb Settle Board Dispute

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Dow Chemical and Dan Loeb’s Third Point settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed.

European Telecoms Bet on 4G

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Iliad and other European telecom groups are rushing to invest in data-handling capabilities and faster fourth-generation wireless networks, as consumers use their phones more as devices for messaging apps and video.

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