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Tag Archive | "banks-and"

Sri Lanka Guardian: Dubai debts worry Asia

Thursday, December 3, 2009

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(December 03, Jakarta, Sri Lanka Guardian) Asian bourses, banks and currencies were worried last weekend as investors dumped shares from Mumbai to Tokyo to distance themselves from over-exposure to debts in Dubai , a leading financial ...

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Dubai debt delays revive fear of financial crisis

Friday, November 27, 2009

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Investors recoiled from risky assets on Friday and dumped shares in Asian banks and builders, fearing.

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Is Dubai up a creek without a paddle? | Al Jazeera Blogs

Friday, November 27, 2009

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Creditors will be praying they get something back from their investments and will go along with the Dubai's request for a standstill on debt repayment. But as prices decline more than 50 percent, prospects are bleak.

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Dubai debt delays revive fear of financial crisis (Reuters …

Thursday, November 26, 2009

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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.

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NewsDaily: Dubai struggles to ease debt default fears

Thursday, November 26, 2009

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Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment and a source of capital.

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