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(RTTNews) - Following the Thanksgiving Day holiday, stocks are poised to move sharply lower on Friday amid concerns about a financial crisis in Dubai. The major index futures are indicating considerable early weakness, with the Dow futures down by 210 points.
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Shares slumped in the City for the second day running as the scale of the Dubai financial crisis became clear... more The price of oil plummeted today as the fear of contagion from the financial crisis in Dubai threatened to spread across global markets...
New Delhi, Nov 27 (PTI) Leading software exporters TCS, Infosys and Wipro today said they have little exposure in Dubai and do not see any adverse impact due to the emerging financial crisis there.
Frankfurt - European stock markets managed to regain a measure of composure Friday, clawing back big losses run up the previous day after Dubai's debt problems provoked fears of a financial crisis in the Middle East. By midday trading, Europe's blue-...
The Indian corporate sector, he said, has been extremely fortunate in escaping the worst of the global financial crisis.
(RTTNews) - The stock market in Japan ended sharply down on Friday taking cues from other markets across the world on concerns about financial crisis in Dubai. Investors across the world dumped high-risk stock investments and seek asylum in safe-haven government bonds.
HONG KONG, Nov 27 — Asian stocks slumped today as the Dubai-debt shockwaves hit the region, shaking banking shares and pushing the yen to a fresh 14-year high against a struggling dollar as investors unwound risky trades. The shock Dubai news raised investor fears of debt defaults that could hit other parts of the global economy just as it is trying to recovery from the global financial crisis.
Shares slumped in the City for the second day running as the scale of the Dubai financial crisis became clear.
MADISON – It’s become a commonly held truism of the worst economic times since the Great Depression that while government has bailed out Wall Street, there’s been no help for Main Street.
By Matthew Allen and Wei-Zhe Tan from Wall Street Journal, 27 November 2009 Asian stock markets declined Friday, with financial shares bearing the brunt of losses as investors worried about banks’ exposure to Dubai World’s debt. Curencies perceived as risky were also sold off as Dubai World, the city-state’s largest corporate entity, Wednesday asked creditors for a [...]
NEW YORK (CNNMoney.com) -- U.S. stocks were set to plunge Friday in tandem with worldwide markets, as Dubai World and its debt woes threatened Wall Street's confidence.Dow Jones industrial average, Na...
Nov 27 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The dollar fell below 85 yen for the first time since July 1995, with Japan's finance minister hinting more strongly of taking action if the situation continued. * Persian Gulf bonds tumbled and the cost of insuring against ...
Nov 27 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * The dollar fell below 85 yen for the first time since July 1995, with Japan's finance minister hinting more strongly of taking action if the situation continued. * Persian Gulf bonds tumbled and the cost of insuring against ...
DUBAI/TOKYO (Reuters) - Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.
La Bourse de New York a ouvert en forte baisse vendredi, pour une séance écourtée au lendemain d'un jour férié, les investisseurs s'inquiétant des conséquences
Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.
