Dubai debt fears surprise investors
CNN - Fri Nov 27, 11:19 am ETThe U.S. stock market opened lower on Friday as traders seized their first chance to respond to Dubai's debt problems.
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The U.S. stock market opened lower on Friday as traders seized their first chance to respond to Dubai's debt problems.
SINGAPORE -- Oil prices hovered near $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justified a further sell-off this week.
Nov. 25 (Bloomberg) -- Emerging-market bond returns rose to an all-time high and stocks advanced as the global economic recovery and record-low interest rates spurred demand for higher yielding assets from the world’s fastest growing nations.
Nov. 25 (Bloomberg) -- Emerging-market bond returns rose to an all-time high as the global economic recovery and record-low interest rates spurred demand for higher yielding assets from the world’s fast-growing nations.
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Nov. 25 (Bloomberg) -- Treasuries were little changed before the U.S. sells a record $32 billion of seven-year notes, the last of three auctions this week totaling $118 billion.
Nov. 25 (Bloomberg) -- Treasuries declined before the U.S. sells a record $32 billion of seven-year notes, the last of three auctions this week totaling $118 billion.
Nov. 25 (Bloomberg) -- Gold climbed to a record in New York and London on a further drop by the dollar and on a report that India may buy more bullion for its central-bank reserves.
CHICAGO----Ventas, Inc. announced today that management will make a presentation regarding the Company at the Bank of America Merrill Lynch 2009 Credit Conference in New York on Wednesday, December 2, 2009, at 4:40 p.m.
Nov. 27 (Bloomberg) -- Canada’s currency touched the lowest level in almost three weeks as investors, shaken by Dubai’s attempt to reschedule its debt payments, sought to unwind bets in higher-yielding assets including commodity-linked currencies.
Gordon Bajnai became Hungary's prime minister in April when his predecessor, who'd lied about the dire state of Hungary's economy to win an election, was forced out. After warning his countrymen that "this will hurt," Bajnai, a 41-year-old former investment banker, embarked on a series of bold reforms. He recently sat down with NEWSWEEK's Ginanne Brownell to talk about the economy, the Lisbon ...
Nov. 27 (Bloomberg) -- Caltex Australia Ltd. faces “significant headwinds” as the rising Australian dollar and increasing crude prices put pressure on refining margins, Bank of America Corp.’s Merrill Lynch & Co. unit said.
Nov. 27 (Bloomberg) -- Miami may delay a $120 million bond sale after an audit showed lax budget practices and the city learned of a possible U.S. Securities and Exchange Commission inquiry, Mayor Tomas Regalado said.
Nov. 27 (Bloomberg) -- Cisco Systems Inc. and U.S. wireless carrier Clearwire Corp. led $96.9 billion of bond sales this month, the busiest November since 2006, as companies took advantage of near-zero interest rates.
Nov. 27 (Bloomberg) -- German stocks advanced, with the DAX Index rebounding from its biggest drop since July, as a rally in carmakers offset concern Dubai’s proposal to reschedule debt payments may hamper a global economic recovery.