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NBA ROUNDUP: Reports: Pistons' Davis arrested
Carlos Arroyo, right, of Puerto Rico, battles for the ball with Brad Miller of the United States in a scrimmage Tuesday. The teams meet again tonight in an exhibition, and face each other in their opening game at the world championships on Aug. 19 in Sapporo, Japan. (JOHN LOCHER/Associated Press)
McLeod to join CavsFred McLeod, the longtime WDIV-TV (Local 4) sportscaster and Pistons play-by-play man, is headed to Cleveland.
The Cavaliers fired TV play-by-play announcer Michael Reghi, their broadcaster for the past 12 years, and replaced him with McLeod. The Cavs bought out the remaining two years of Reghi's contract.
Cleveland owner Dan Gilbert, whose Quicken Loans mortgage loan company sponsors Detroit's games at the Palace, has been remodeling the Cavaliers in the Pistons' image.
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BRIEFING - ASIA REAL ESTATE - JULY 21, 2006
Retirement village owner Prime Retirement and Aged Care Property Trust (Prime) is ramping up acquisitions to give it scale for a possible listing on the Australian Stock Exchange.
The Melbourne based trust has also gained the services of former federal health minister Michael Wooldridge, who was appointed non-executive chairman of the responsible entity of Prime, Australian Property Custodian Holdings.
SHANGHAI RESIDENTIAL PROPERTY PRICES DROP 5.2 PCT IN H1
BEIJING - Residential property prices dropped by 5.2 per cent from last year in the first half of this year, due partly to government policies to cool the market and commercial banks tightening control of mortgages, according to a report from Shanghai Statistics Bureau issued yesterday.
The rapid increase in property investments also slowed down to close at 45.33 billion yuan (US$5.67 billion) in the first five months.
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