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Showing 51 - 60 of 91 results for "Dubai"

Wall Street v Main Street

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2010
... a sell-off. The PIGIS were also flagged months ago. I think they rose at the forefront of investors' consciousness when Dubai first announced a 'standstill'. And as every psychologist (or is it psychiatrist, I've always been confused about the two) ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 DEC 2009
... market was being fuelled still by momentum developed late on Monday by the Abu Dhabi government's pledge to finance part of Dubai's troubled sovereign investment arm. Woodside Petroleum's $2.5 billion capital raising and the increased bid from AMP and ...

Dubai games

BENJAMIN ONG  |  TUESDAY, 15 DEC 2009
Cheque's in the mail! This was what Abu Dhabi told Dubai's creditors after making them sweat for almost three weeks. Financial markets cheered. And to borrow Bloomberg's headline, "Stocks Rise, Default Swaps, Dollar Drop Following Dubai Bailout". Maybe ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 DEC 2009
... a late rally prompted by news of the Abu Dhabi government's $US10 billion ($A10.98 billion) financing pledge for part of Dubai's sovereign investment arm. The benchmark S&P/ASX200 index ended up 18.8 points, or 0.41 per cent, at 4,654, while the broader ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 DEC 2009
... Tuesday. LONDON - European stock markets fell for the third straight day, still rattled by burgeoning debt crises in Greece and Dubai. In London the FTSE 100 index shed 19.24 points, or 0.37 per cent, to close at 5,203.89. FRANKFURT - Germany's Dax declined ...

Debt load

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2009
Just when we thought Dubai's Desert Storm was just a one-off, we're now confronted with the shock and awe at more warnings over sovereign credit ratings. Remember the one? Towards the close of November Dubai World dropped a bombshell by announcing that ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 DEC 2009
... stimulus measures to keep its economy out of recession. Meanwhile, a leading credit rating agency has cut its ratings on six Dubai state-linked companies due to worries about their debts. Investors sent the dollar and Treasury prices higher in response ...

Still a lucky country: research

MICHELLE BALTAZAR  |  TUESDAY, 8 DEC 2009
... savings will be safe. "Investors need a lot more assurance than they did previously before increasing activity levels. The Dubai World default was a temporary blip but it's events like these that strike fear into investors and lead to paralysis in activity," ...

Market Wrap - Morning

AAP  |  FRIDAY, 4 DEC 2009
... cent on Thursday, extending gains for a fourth straight day after the index suffered heavy losses last week on the back of Dubai's debt crisis. The benchmark Hang Seng Index gained 264.3 points to 22,553.87. Turnover was $HK70.06 billion. The index has ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 DEC 2009
... Wednesday, with investors digesting mixed US employment news, after Asian exchanges advanced in trading still clouded by Dubai's debt difficulties. The London FTSE 100 index gained 0.29 per cent or 15.22 points to close at 5,327.39 points. FRANKFURT ...