Business - Global Economy

NEW YORK - The world economy will start growing again in 2010 but emerging markets will accelerate at a much faster rate than the U.S and Europe, due in part to continued frugality among Western consumers, a new report says. Full Story »

GENEVA (AFP) - Over 100 developing countries called Sunday for an "urgent" conclusion of negotiations for a world trade liberalisation pact, a day before a key World Trade Organisation ministerial conference. Full Story »

DUBAI (Reuters) - UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week by seeking a debt standstill for two flagship firms. Full Story »

GENEVA - Police with water cannon fired tear gas and rubber bullets Saturday to separate violent demonstrators from a protest opposing a meeting of top world trade officials, but the hooded "black bloc" activists were able to cause damage before 14 were arrested, spokesmen said. Full Story »

DUBAI (Reuters) - The United Arab Emirates' central bank set up an emergency facility on Sunday to support bank liquidity in the first policy response to Dubai's debt woes that threatened to paralyze lending and derail economic recovery. Full Story »

DUBAI (AFP) - Dubai World, the heavily indebted United Arab Emirates conglomerate behind plunging global markets, is refusing to sell off its assets cheaply, a senior company official said in a report on Sunday. Full Story »

GENEVA (Reuters) - Swiss bank UBS is threatening to move its headquarters out of Switzerland if the authorities impose too many new regulations in the wake of the global financial crisis, Swiss weekly paper Sonntag CH said. Full Story »

NANJING, China - China should allow its currency to strengthen against the euro and other major currencies, for its own sake as well as that of the global economy, top finance officials of the single-currency euro zone said Sunday. Full Story »

GENEVA (Reuters) - European businesses, growing frustrated at slow progress in the World Trade Organization's Doha round, called on Sunday for the WTO to tackle the negotiation at next week's conference. Full Story »

NANJING, China (Reuters) - The euro zone's top economic officials pressed China on Sunday to let the yuan resume its rise but said they were not counting on immediate results. Full Story »

GENEVA (AFP) - More than a hundred ministers gather here Monday for a WTO conference where they are likely to renew pledges to freer world trade while avoiding hard bargaining to secure an overall deal under the Doha round. Full Story »

PARIS (AFP) - The debt dilemma confronting Dubai has thrown into sharp relief a new threat to the financial health of rich countries that have borrowed and spent heavily to escape recession and must now pay up. Full Story »

GENEVA (Reuters) - Anti-capitalism protesters smashed the windows of banks, shops and cafes in central Geneva and set cars on fire during a demonstration Saturday against the World Trade Organization. Full Story »

GENEVA (AFP) - Swiss police fired tear gas and rubber bullets on Saturday at hooded protesters who broke windows and set cars alight during a demonstration ahead of a major WTO conference in Geneva. Full Story »

ABU DHABI (Reuters) - Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbor Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling. Full Story »

Dubai: Many were taken by surprise at the impact the Dubai debt crisis had on world markets. They shouldn't have been. Debt -- and its misuse -- has been the No. 1 economic issue of our time. Full Story »

Stocks tumbled Friday as investors worried that a government-backed investment company in Dubai risked defaulting on $60 billion in debt. The fears ripped through world markets and served as a reminder of how fragile the financial system remains a year after it nearly collapsed. Full Story »

NEW YORK (AFP) - The Dubai debt crisis roiled world markets again Friday as fears of debt defaults sparked concern that a recovery from global recession could stall. Full Story »