dubai

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Latest blogosphere posts tagged “dubai”

• Dubai: Perhaps None of This Should Surprise Us

  
  Wall Street Pit — Authority: 639
  OK, so it looks as if disaster may be averted in Dubai: the latest hot rumor is that the central bank will guarantee all Dubai World debt. This is not altogether shocking- was this not among the rationales for the big intraday equity bounce on Friday?- but has nevertheless provided comfort to...
  1 hour ago

• Adelson splashes the pot in Asia

  
  DealZone — Authority: 523
  Sands China’s weak debut in Hong Kong - a first-day drop of 10 percent - was the fourth-worst launch on that market this year, but came as little shock to analysts who were betting against the Asian gambling play. Rival Wynn Macau is down 5 percent since listing in October. Sands China’s $2.5 billion IPO ...
  2 hours ago

• Stocks open slightly lower on Dubai concerns

  
  The Washington Post — Authority: 961
  NEW YORK -- Stocks are trading slightly lower as investors weigh concern about fallout from Dubais debt crisis against improving signs from U.S. consumers.
  2 hours ago

• Black Friday-Misleading Indications

  
  TRADE GUILD — Authority: 126
  Some news outlets are saying spending rose from a year ago, well so did the amount of shoppers, from 172 million to 195 million producing a YOY gain of .05%, but considering how much was spent per shopper, it came in at a staggering 8% lower YOY. So well see which way the market looks at the news, remember, its all ...
  2 hours ago

• U.A.E. Pledge Calms Markets but Dubai Fears Remain

  
  NYT > Global Home — Authority: 153
  Asian stocks rose and European and U.S. government bond prices held relatively stable, suggesting that the fear of a major contagion was contained. Stocks in Dubai and Abu Dhabi were sharply down.
  2 hours ago

• Dubais financial crisis: how much money do banks lend around the world?

  
  News: Datablog | guardian.co.uk — Authority: 127
  The financial crisis in the United Arab Emirates has shone a light on the huge sums banks now lend around the world. Find out how much each country in the world has outstanding – and who the big lenders are • Get the data Now that the government of Dubai has been forced to guarantee banks debts , attention has ...
  2 hours ago

• Is Du Bai that story that is supposed to go away quickly?

  
  InvestmentWatch — Authority: 156
  I don’t think so. The reason $60B is important is because it’s printed on margin. In other words, the US bank or banks (most say it is JPM) that underwrote it, does so using fraction reserve rules regulated by the Federal Reserve. Right now there is no reserve requirement, so JPM may write the loan with no ...
  2 hours ago

• Frontrunning: November 30

  
  zero hedge — Authority: 756
  Dubai Worlds debt not guaranteed by government ( Bloomberg ) Taxing Wall Street today wins support for Keynes idea of 1936 ( Bloomberg ) How many FSB chimps does it take to make a Systemic Risk candidates list: where the hell is Citi? ( FT ) Ferguson: An empire at risk ( Newsweek ) How Fannie and Freddie sank in ...
  2 hours ago

• Dubai official: Dubai Worlds debt its own

  
  Stupidica — Authority: 175
  DUBAI, United Arab Emirates – A top Dubai finance official says heavily indebted Dubai World is not guaranteed by the emirates government. Abdulrahman al-Saleh, director general of Dubais Finance Department, says lenders to the conglomerate bear some responsibility for the current crisis. (snip) Al-Saleh said while ...
  2 hours ago

• Does Dubai Matter? Ask Ireland.

  
  The New Republic - The Plank Feed — Authority: 150
  Presumably the rulers of Dubai and Abu Dhabi are currently locked in negotiations regarding the exact terms that will be attached to a “bailout” for Dubai World. We’ll never know the details but if, as seems likely, the final deal involves creditors taking some sort of hit (perhaps getting 75 cents in the ...
  2 hours ago

• Six reasons why Dubai will remain a concern

  
  FP Trading Desk — Authority: 577
  While the prospects of a bail-out from the UAE or shared haircuts on debt renegotiations remain material, the initial reaction to Dubai’s announcement that it would delay scheduled debt payments may have been overdone in world markets given the thin volumes due to American Thanksgiving and Black Friday. ...
  2 hours ago

• Dubai & Abu Dhabi markets plunge on debt…

  
  Talk Islam — Authority: 539
  Dubai & Abu Dhabi markets plunge on debt woes. Stock markets in the Gulf emirate of Dubai and its neighboring capital of Abu Dhabi fell sharply on Monday and then ground to a halt amid a lack of buyers after Dubai World’s shock proposal to suspend debt payments. …. Dubai World property unit Nakheel, ...
  3 hours ago

• UAE: Mobile subscribers hit 7.44 million end of Q3

  
  Dubai Business | Kippreport — Authority: 547
  The number of mobile phone subscribers to the UAE’s communications providers, du and Etisalat, rose to 7.44 million at the end of the third quarter of 2009, up 2.5 percent, or 180,000 subscribers compared to the previous period, reports Khaleej Times . Analysts at AL Mal Capital in Dubai expected a loss of 50,000 ...
  3 hours ago

• Bobbys Corner-Open Market-Nov.30.2009

  
  Forex News and Commentary by FXDD — Authority: 453
  Good Morning: As some in the United States are awakening to a new week after a long Thanksgiving holiday weekend, the markets have had quite a roller coaster ride the past few days. The main concern stemmed from reports last week that state owned Dubai World may default on as much as $90 Billion.  This ...
  3 hours ago

• Dubai’s debt debacle

  
  Dubai Business | Kippreport — Authority: 547
  The UAE stock markets crashed after opening on Monday-the first time they opened since Dubai announced on Wednesday that it would ask creditors for a six-month debt standstill for two of its major companies - Dubai World and Nakheel Properties. Fourteen out of 32 companies in Dubai and 17 out of 60 firms in Abu ...
  3 hours ago

• markets rebound as Dubai fears fade – The Australian

  
  Real Estate Buzz — Authority: 152
  Times Online markets rebound as Dubai fears fade The Australian … moved to delay debt payments by its flagship holding company Dubai World, which has splurged on real estate projects from the Middle East to Las Vegas Read this article: markets rebound as Dubai fears fade – The Australian
  3 hours ago

• Dubai government will not guarantee Dubai Worlds debts, says top finance official

  
  Daily Telegraph | Telegraph.co.uk — Authority: 969
  Dubais government will not guarantee the debts of state-owned Dubai World, a senior finance official said on Monday.
  3 hours ago

• Can the euro zone survive Greece?

  
  Global Investing — Authority: 124
  Wolfgang Munchau, co-founder and president of Eurointelligence , has raised an uncomfortable prospect for investors in Greece. In a Financial Times column today, the long-time Europe commentator argues that Brussels may not be willing to bail Greece out if it were to default on its debt à la all-but sovereign ...
  3 hours ago

• Daily Highlights: 11.30.09

  
  zero hedge — Authority: 756
  Asian stocks, currencies rise on optimism Dubai World losses wont spread. Bernanke says legislation limiting Fed independence Would impair economy. China’s stocks rose after government pledged to maintain stimulus policies next year. Indias GDP accelerates to 7.9%, may spur stimulus withdrawal. Japans Fuji ...
  3 hours ago

• Daily Blogwatch: What is Jay-Z doing at Goldman? Why Dubai is overblown.

  
  DailyFinance — Authority: 795
  Filed under: Company News , Technology , Columns , Economy , Earnings Most important: This Dubai thing is overblown. ____________ What if Steve Jobs had not returned to Apple in 1997? ____________ Uber hedge fund manager and former Morgan Stanley chief strategist, Barton Biggs, sees the market ...
  3 hours ago

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