Dubai debt crisis being watched by Kentucky horse industry, where sheik is key player
Horse industry closely watches Dubai debt crisis Dollar falls briefly against the yen but rallies against euro in wake of Dubai debt crisis
Debt problems in Dubai will make investors hesitate throughout Gulf, analysts say
Dubai debt problems cast shadow over region Treasurys rally as traders seek safe-have investments as investors worry about Dubai debt
Treasurys rally amid concern about Dubai debt MGM Mirage, HSBC, Satyam, ING, Activision are among big market movers Friday
MGM Mirage, HSBC, Satyam, ING are big movers US stocks follow world markets lower on concerns Dubai debt problems may hurt economic rebound
Stocks slide on concerns about Dubai debt fallout Dubai debt crisis rattles global markets amid fears of more financial turmoil
Dubai crisis jolts markets, but early fears ease Dubai debt jitters send crude prices tumbling early; some signs that problem may be isolated
Crude prices fall on Dubai debt jitters NEW YORK — Shades of the roiling energy markets that were set off last year by the crisis on Wall Street emerged again Friday with crude seeing the largest percentage drop in prices since January. MGM Mirage says Dubai World’s request to delay paying back debt will not affect CityCenter
MGM Mirage: CityCenter not affected by debt woes Fears of Dubai debt fallout stalk world markets; Asia bears brunt of selling
Dubai debt fears stalk world markets LONDON — 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. Indian stocks tumbles due to Dubai debt problemsMUMBAI - Country’s stocks tumbled on Friday with the rupee weakened and bond yields fell as Dubai’s debt problems sparked concerns about corporate exposure. Airlines fall with broader market, despite drop in oil prices
Sector Snap: Airlines down with broader market Japanese central bank intervention threat halts dollar’s slide _ for now
Intervention threat halts dollar slide _ for now US stocks follow world markets lower on fears Dubai debt problems will hurt economic rebound
Stocks tumble on fears about Dubai debt fallout Dubai looks to allay concerns as Dubai World debt announcement roils world markets
Dubai seeks to assure markets shaken by debt move Reserve Bank to study impact of Dubai’s debt problemHYDERABAD - Reserve Bank of India (RBI) Governor D. Subbarao Friday said the bank will measure the extent of Dubai’s debt problem as well as its impact on Indian economy. Oil price slides to near $74 in Europe as Dubai woes deepen economic concerns, dollar rises
Oil slides to near $74 as Dubai woes roil markets Fears of Dubai debt fallout remain focus in world markets; Asia bears brunt of selling
Dubai debt fears remain focus in world markets RBI Governor presses for impact assessment of Dubai debtHYDERABAD - 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. Dubai debt worries are unlikely to impact India: Anand SharmaNEW DELHI - Union Commerce and Trade Minister Anand Sharma on Friday said that Dubai debt worries are unlikely to impact the country’s economy and the real estate sector. Indian realtors unfazed by Dubai crisisNEW DELHI - India’s realty majors Friday said the debt crisis of Dubai World, one of the largest global conglomerates, would not affect the domestic property sector but fund managers and real estate consultants disagreed. Indian markets recoup losses after initial bloodbath (Roundup)MUMBAI - Indian equities managed to stem the losses suffered in the morning and afternoon sessions Friday, with a key index ending trade 1.32 percent lower after falling more than 3.82 percent over fears of a debt default by Dubai World. US stock futures tumble as world market slide on fears over fallout from Dubai debt problems
US stock futures tumble on fears over Dubai debt Indian policy-makers see little impact of Dubai World woes (Roundup)NEW DELHI - Indian policy-makers are not really worried over the potential adverse impact on the country’s economy because of the multi-billion-dollar debt default risk faced by Dubai World, ranked among the largest conglomerates in the region. Oil price slides below $74 in Europe as Dubai woes roil markets, deepen economic concerns
Oil slides below $74 as Dubai woes roil markets Fallout from Dubai debt crisis raises fears of renewed financial turmoil
Dubai debt crisis raises financial turmoil fears Fiscal committee chairman says intervention in Dubai World plannedDUBAI - 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. Dubai World woes worries families of Indian expatriatesNEW DELHI - The $59-billion debt woes of state-run Dubai World, one of the largest global conglomerates, has left thousands of Indian families worried, as the region accounts for half of the country’s $25-billion remittances. Indian markets recoup losses after initial bloodbath (Third Lead)MUMBAI - Indian equities managed to stem the losses suffered in the morning and afternoon sessions Friday, with a key index ending trade 1.32 percent lower after falling more than 3.82 percent owing to fears of a debt default by Dubai World. Dubai debt trouble weighs on world markets again; Asia bears brunt of selling
Dubai woes hit world stocks again; Asia down most Asian stocks tumble after European rout amid Dubai debt fears; Europe opens lower
Asian stocks tumble amid Dubai fears, dollar slump Dubai World’s default won’t hit us: Kochi port chiefKOCHI - A debt default request by Dubai World will not affect the ongoing construction of the international container terminal near here, being funded by one of the subsidiaries of the Dubai firm, the Cochin Port Trust (CPT) said Friday. No impact of Dubai World default on India: Anand SharmaNEW DELHI - The risk of a multi-billion-dollar debt default by Dubai World, ranked among the largest state-run conglomerates in the region, will have little impact on the Indian economy, a senior Indian minister said Friday. Falling prices, soaring yen equal double trouble for shaky Japanese economy
Deflation, surging yen threaten Japan’s recovery Dollar sinks to fresh 14-year low against yen as Dubai worries drive investors away from risk
Dollar sinks to fresh 14-year low vs yen TOKYO — The dollar sank to a fresh 14-year low against the yen Friday as worries about Dubai’s debt mountain drove investors to buy safe haven assets like the yen. Asian stocks tumble after European rout amid Dubai debt fears; dollar slumps against yen
Asian stocks tumble amid Dubai fears, dollar slump Dubai prospects as investment magnet get murkier as emirate requests ’standstill’ on $60B debt
Dubai request for debt ’standstill’ raises fear All shook up: Dubai’s image takes another hit with appeal for debt delay
Dubai debt ’standstill’ raises alarms about image Dubai debt fears, dollar slide hit world markets hard
Dubai debt fears hit world markets hard LONDON — World stock markets tumbled Thursday as investors fretted over the debt problems at Dubai World, a government investment company, and the continuing slide in the dollar, which earlier fell to a 14-year low against the yen. Dubai announces restructuring of Dubai WorldDUBAI - The government of Dubai has authorised the restructuring of Dubai World to be spearheaded by the Dubai Financial Support Fund (DFSF). Ex-French spy’s escape, failed submarine venture with Dubai firm finds its way to Fla. court
Ex-spy, submarines, Dubai co. part of Fla. lawsuit Indian sweat and toil helped Burj reach for the skiesDUBAI - On Jan 4, when Burj Dubai, the world’s tallest building at 818 metres, is officially opened, the Indian expatriate community in this glittering Gulf city can rightfully bask in reflected glory. It is estimated that about half of the 13,000-plus people who sweat and toil on the project every day are from India. Dubai Global Tea Forum to start from March 9DUBAI - The third Global Dubai Tea Forum would be organised here March 9-10, WAM news agency reported. AP News in Brief |
