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Dubai damaged by debt decision - Fri, 27 Nov 2009 18:41:16 -0500
Fears over Dubai's debt situation and how it may affect the global economic recovery are no doubt overblown.
Indian stocks tumbles due to Dubai debt problems - Fri, 27 Nov 2009 11:30:02 -0500
Mumbai, Nov 27 : Country's stocks tumbled on Friday with the rupee weakened and bond yields fell as Dubai's debt problems sparked concerns about corporate exposure.
RBI Governor presses for impact assessment of Dubai debt - Fri, 27 Nov 2009 08:40:02 -0500
Hyderabad, Nov 27 : The Reserve Bank Governor D. Subbarao has said Friday that an assessment of the impact of Dubai's debt problems was needed before deciding on a response.
Fiscal committee chairman says intervention in Dubai World planned - Fri, 27 Nov 2009 06:00:01 -0500
Dubai, Nov 27 (IANS) Sheikh Ahmed bin Saeed Al-Maktoum, chairman of the Supreme Fiscal Committee of the Dubai government, has said that the committee's decision to intervene in Dubai World is well-thought and planned, WAM news agency reported.
Beckham, England stars may lose millions after Dubai developer runs out of cash - Fri, 27 Nov 2009 03:10:08 -0500
London, Nov 27 : Ace England midfielder and other Premier League stars could lose millions after buying up mega bucks apartments in Dubai.
Sensex topples over 451 in opening trade - Fri, 27 Nov 2009 01:40:04 -0500
Mumbai, Nov 27 : The Bombay Stock Exchange (BSE) benchmark Sensex toppled over 451 points in early trade on hectic selling by funds in line with feeble global indications and concerns over Dubai's debt.
Commodity prices fall as Dubai fears boost dollar - Fri, 27 Nov 2009 17:33:49 -0500
NEW YORK Gold prices fell for the first time in 10 days and oil slid as jitters over debt problems in the Middle Eastern city of Dubai drove the dollar higher and pounded stocks. Investor...
Dubai debt fears threaten credit crunch 2 — and RBS is exposed - Fri, 27 Nov 2009 17:31:45 -0500
END: Module - M24 Article Headline with landscape image (d) --> BEGIN: Module - Main Article --> The spectre of “Financial Crisis 2” continued to loom over global markets y...
Financial crisis in Dubai could benefit Britain - Fri, 27 Nov 2009 17:31:34 -0500
END: Module - M24 Article Headline with no image --> BEGIN: Module - Main Article --> People who work in the City have always had a dark sense of humour. Accordingly, there was a sayin...
Dubai debt crisis rattles global markets amid fears of more financial turmoil - Fri, 27 Nov 2009 17:27:43 -0500
NEW YORK - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery. The possible spillover e...
Dubai Debt Rattles Global Markets - Fri, 27 Nov 2009 17:24:31 -0500
November 27, 2009 World markets have been shaken by fears that Dubai's main finance company may be unable to meet scheduled payments on a debt of more than $60 billion. Governments and financial analy...
Horse industry closely watches Dubai debt crisis - Fri, 27 Nov 2009 17:22:00 -0500
By JEFFREY McMURRAYAssociated Press Writer LEXINGTON, Ky. (AP) - Buyers and sellers of high-end racehorses were closely watching a debt crisis in Dubai, but there was no sign Dubai's ruler would ...
Dubai crisis “will not have much of an impact” on India - Fri, 27 Nov 2009 17:19:34 -0500
NEW DELHI: The Centre on Friday reacted cautiously to the developments in Dubai, asserting that the financial crisis in the Gulf country would not have much of an impact on the Indian economy includin...
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 17:17:14 -0500
(AP Photo/Vincent Yu)A man walks a securities firm in Hong Kong Friday, Nov. 27, 2009. Asian stock markets tumbled Friday as fears mounted over the fallout from Dubai's massive debt problems and the d...
Dow sinks on Dubai worries; Golden Star Resources leads Colorado gainers - Fri, 27 Nov 2009 17:14:04 -0500
The Dow lost 154 points during Friday's shortened post-Thanksgiving trading session, wiping out the week's gains, with analysts blaming the selloff on worries about financial problems in Dubai...
Loonie, oil, gold hit by Dubai anxiety - Fri, 27 Nov 2009 17:06:57 -0500
Commodity prices and Canada's dollar fell Friday in response to Dubai's growing financial crisis. Perceived economic uncertainty stemming from Dubai's inability to meet its debt obligations boosted d...
TSX up slightly one day after Dubai sell-off - Fri, 27 Nov 2009 17:06:19 -0500
North American markets fell at opening Friday as world commodity prices plunged on Thursday's announcement that Dubai World could default on its $59 billion U.S. debt, and as U.S. markets got a chance...
TSX up slightly one day after Dubai sell-off - Fri, 27 Nov 2009 17:05:18 -0500
North American markets fell at opening Friday as world commodity prices plunged on Thursday's announcement that Dubai World could default on its $59 billion U.S. debt, and as U.S. markets got a chance...
TSX up slightly one day after Dubai sell-off - Fri, 27 Nov 2009 17:05:00 -0500
North American markets fell at opening Friday as world commodity prices plunged on Thursday's announcement that Dubai World could default on its $59 billion U.S. debt, and as U.S. markets got a chance...
Stocks slump as news of Dubai debt crisis sinks in - Fri, 27 Nov 2009 16:57:17 -0500
The Dow Jones industrial average closes down 154 points, a slight recovery from earlier losses. World markets react strongly to Dubai's announcement that it would freeze its debt repayments.
Debt problems in Dubai will make investors hesitate throughout Gulf, analysts say - Fri, 27 Nov 2009 16:55:49 -0500
This Sept. 13, 2009 picture shows a metro train passing the Jumairah Lake towers district in Dubai, United Arab Emirates. Debt-burdened Dubai insisted that it took into account market fallout from its...
Is Dubai debt iceberg or drop in the ocean - Fri, 27 Nov 2009 16:54:29 -0500
Just how important is the debt crisis in Dubai? There are differing opinions among economic analysts, some saying the Gulf state may just be the tip of an iceberg of hitherto undreamed-of bad debt, wh...
Doing Deals in Dubai – Mascus Leads the Way in International Sales - Fri, 27 Nov 2009 16:54:02 -0500
The biggest event in the construction calendar is about to get underway in Dubai, and Mascus, the worldwide premium media of heavy machinery and transportation vehicles, is delighted to announce its p...
TSX up slightly one day after Dubai sell-off - Fri, 27 Nov 2009 16:53:00 -0500
North American markets fell at opening Friday as world commodity prices plunged on Thursday's announcement that Dubai World could default on its $59 billion U.S. debt, and as U.S. markets got a chance...
TSX up slightly one day after Dubai sell-off - Fri, 27 Nov 2009 16:52:31 -0500
North American markets fell at opening Friday as world commodity prices plunged on Thursday's announcement that Dubai World could default on its $59 billion U.S. debt, and as U.S. markets got a chance...
Dubai crisis jolts mkts, but early fears ease - Fri, 27 Nov 2009 16:51:28 -0500
NEW YORK: Dubai's debt crisis rattled world financial markets on Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery. The possible spill...
Dubai debacle likely to hit Indian workers, remittances - Fri, 27 Nov 2009 16:51:23 -0500
Despite the brave front put up by Indian government, the debt crisis that has enveloped Dubai World threatens to hit the struggling Indian overseas labour market that is largely dependent on short-...
1 's Stocks slide on concerns about Dubai debt fallout - Fri, 27 Nov 2009 16:35:08 -0500
Michael Guli, right, of Kellog Capital works at his post at the New York Stock Exchange on Friday, Nov. 27, 2009, in New York. Stocks tumbled Friday as fear swept world markets that financial trouble ...
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 16:26:43 -0500
NEW YORK (AP) -- Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 16:25:11 -0500
NEW YORK (AP) -- Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.
Treasurys rally amid concern about Dubai debt - Fri, 27 Nov 2009 16:06:11 -0500
NEW YORK Treasury prices rallied in holiday-shortened trading Friday as investors flocked to the safety of government-backed debt amid concern about financial trouble in Dubai. Investors ...
On the beach at Emirates Palace - Fri, 27 Nov 2009 16:03:38 -0500
'); Much of that role is educational – for the public as well as designers and would-be designers. And, as Alexander von Vegesack, the director of Vitra Design Museum, which organised a series o...
Stocks slide amid Dubai debt fears - Fri, 27 Nov 2009 15:52:13 -0500
Stocks have slid as concern swept world markets that financial trouble in the Middle Eastern city-state of Dubai would upend a global economic recovery.Major stock indexes fell more than 1% from 13-mo...
Dubai crisis “will not have much of an impact” on India - Fri, 27 Nov 2009 15:51:41 -0500
NEW DELHI: The Centre on Friday reacted cautiously to the developments in Dubai asserting that the financial crisis in the Gulf country would not have much of an impact on the Indian economy including...
Sober ruler of Dubai whose vision is crumbling in the face of the storm - Fri, 27 Nov 2009 15:51:09 -0500
Dubai 's ruler, Sheikh Mohammed bin Rashid al-Maktoum, was insisting the emirate was on the road to recovery. "I am confident that the worst has passed ... Dubai today is well-placed," said the man wh...
Why Dubai's Debt Matters - Fri, 27 Nov 2009 15:50:09 -0500
Dubai's heavily foreign investment-dependent economy began to unravel in September 2008 following the global credit crunch. Property prices fell steeply, share prices in publicly listed companies coll...
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 15:49:10 -0500
(AP Photo/Vincent Yu)A man walks a securities firm in Hong Kong Friday, Nov. 27, 2009. Asian stock markets tumbled Friday as fears mounted over the fallout from Dubai's massive debt problems and the d...
US stocks plunge on Dubai's debt woes - Fri, 27 Nov 2009 15:48:35 -0500
New York - US stocks slumped during a shortened trading day Friday amid a debt crisis in Dubai that sparked similar sell-offs in other world markets. Bank of America warned that the troubles of state-...
Brown seeks to reassure on threatened Dubai debt default - Fri, 27 Nov 2009 15:48:34 -0500
Port-of-Spain/Washington - British Prime Minister Gordon Brown Friday sought to reassure nervous markets over Dubai's debt problems, calling fears over a major default a "setback" but not one that wou...
Dubai Crisis Jolts Markets, Early Fears Ease - Fri, 27 Nov 2009 15:46:55 -0500
NEW YORK - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and hamper the global economic recovery. The possible spillover e...
Dubai debacle shows dollar not yet dead, economists say - Fri, 27 Nov 2009 15:39:00 -0500
Just when some pundits were willing to give the battered U.S. dollar up for dead, investors moved back into the greenback's corner Friday as jitters about Dubai's debt problems sent global stock marke...
James Kfouri Claims Dubai Duty Free Golf World Cup Title - Fri, 27 Nov 2009 15:14:11 -0500
Kfouri carded a superb 40 points over the first round at the Montgomerie and followed up with 35 points at Dubai Creek to take the prestigious title, a press release said.
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 15:06:46 -0500
NEW YORK (AP) - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery. The possible spillove...
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 14:57:58 -0500
NEW YORK (AP) -- Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.
Dubai crisis jolts markets, but early fears ease - Fri, 27 Nov 2009 14:56:21 -0500
NEW YORK (AP) -- Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and stall the global economic recovery.
Canadian exposure to Dubai 'no significant concern' - Fri, 27 Nov 2009 14:44:53 -0500
Finance Minister Jim Flaherty said there was no reason for significant concerns when it came to possible exposure of Canadian financial institutions.
Airlines slip as Dubai fears eclipse oil's drop - Fri, 27 Nov 2009 14:37:46 -0500
SAN FRANCISCO (MarketWatch) -- Shares of US Airways Group and UAL Corp. shed nearly 3% early in Friday's shortened trading session as a steep drop in the price of oil failed to help the airline sector...
Putin plays down fears of knock-on effect from Dubai debt trouble - Fri, 27 Nov 2009 14:32:00 -0500
Russia's prime minister has played down the possible global impact of a default by a major Dubai company, but analysts have warned that a large default could trigger a new crisis wave. Dubai World, a...
Emerging-Market Investors See Dubai-Inspired Fall As Buy Call - Fri, 27 Nov 2009 14:07:51 -0500
-(Dow Jones)- Emerging-market assets reversed early-session losses Friday as investors used heavy selling sparked by Dubai's looming debt concerns as a buying opportunity.
Emerging-Market Investors See Dubai-Inspired Fall As Buy Call - Fri, 27 Nov 2009 14:07:48 -0500
-(Dow Jones)- Emerging-market assets reversed early-session losses Friday as investors used heavy selling sparked by Dubai's looming debt concerns as a buying opportunity.
Financial Crisis In Dubai Contributes To Weakness On Wall Street - Fri, 27 Nov 2009 14:06:09 -0500
(RTTNews) - With traders expressing concerns about a financial crisis in Dubai, stocks saw significant weakness during trading on Friday. The major averages all ended the day firmly in negative terri...
Stocks Close Sharply Lower On Financial Crisis In Dubai - U.S. Commentary - Fri, 27 Nov 2009 14:06:04 -0500
(RTTNews) - With traders expressing concerns about a financial crisis in Dubai, stocks saw significant weakness during trading on Friday. The major averages all ended the day firmly in negative terri...
Traders wary of Dubai debt fears - Fri, 27 Nov 2009 13:32:07 -0500
Asian stocks have plummeted after Dubai's massive debt problems triggered selling of financial issues.Indexes in Hong Kong and South Korea were down about 5% as fears mounted over the fallout from Dub...
Dubai debt fears stalk world markets - Fri, 27 Nov 2009 13:30:04 -0500
European stock markets rebounded Friday after Wall Street didn't fall as much as feared on the news that Dubai is having trouble handling its debt.Because U.S. markets were closed for Thanksgiving Day...
We knew debt plea would hit markets - Fri, 27 Nov 2009 13:26:08 -0500
Debt-burdened Dubai insisted today that it took into account the effect its bid to delay paying creditors would have on world markets.But it offered no specifics and did little to ease worries that hi...
U.S. stock futures tumble on fears over Dubai debt - Fri, 27 Nov 2009 13:20:22 -0500
New York » U.S. stock futures plunged Friday as a wave of fear swept through world markets over concerns that financial trouble in the Middle Eastern city-state of Dubai will upend a global econ...
Dubai’s debt crisis jolts markets, but fears ease - Fri, 27 Nov 2009 13:20:13 -0500
NEW YORK - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and hamper the global economic recovery.
Dubai’s debt crisis jolts markets, but fears ease - Fri, 27 Nov 2009 13:20:13 -0500
NEW YORK - Dubai's debt crisis rattled world financial markets Friday, raising concerns that some banks could further tighten lending and hamper the global economic recovery.
Loonie, oil, gold hit by Dubai anxiety - Fri, 27 Nov 2009 13:18:29 -0500
Commodity prices and Canada's dollar fell Friday in response to Dubai's growing financial crisis. Perceived economic uncertainty stemming from Dubai's inability to meet its debt obligations boosted d...
Dubai debacle shows dollar not yet dead, economists say - Fri, 27 Nov 2009 13:18:14 -0500
Just when some pundits were willing to give the battered U.S. dollar up for dead, investors moved back into the greenback's corner Friday as jitters about Dubai's debt problems sent global stock marke...
Emirates launches FIFA World Cup travel packages - Fri, 27 Nov 2009 13:07:08 -0500
An unforgettable sporting experience of a lifetime awaits football fans across the world, following the launch of Emirates’ 2010 FIFA World Cup travel packages. As an Official Tour Operator for the ...
Stocks Tumble on Fears over Dubai Debt - Fri, 27 Nov 2009 13:04:53 -0500
Thanksgiving No Holiday for World Markets (AP) Stocks skidded Friday as fear swept world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery....
