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Dubai's debt delays won't create a "domino effect" in the region, but they have reminded people that there are still problems, Beat Siegenth...
"We've got the credit crisis of a year ago in the back of everybody's minds and this is the first time we've gotten a wake-up call for that,...
A senior Dubai government official said he knew full well how the markets would react when the country asked to delay its debt repayment. Fa...
"The focus on Wall Street is going to be the Dubai crisis," Kevin Cook from PEAK6 Investment said Friday. "This is the first big test we've ...
Steel maker ThyssenKrupp confirmed that it had a steep net loss in its 2008/9 fiscal year Friday and said it plans to reduce its workforce s...
"Dubai is such a unique economy... It has had an insanely rapid growth plan in place for a number of years, and they've been very prone to t...
Tokyo stocks were in turmoil on Friday as the yen rose to 84 against the dollar. The Nikkei 225 Average closed at a 4-month low, down 3.2% o...
US consumer sentiment appears to be improving slightly, but it is not robust or durable, Philip Shaw from Investec told CNBC Friday. Shaw ad...
Dubai's debt delay problems could prove to be a break point for the next downturn, Clive Hyman from Hyman Capital Services told CNBC Friday....
"Whilst this liquidity is in the market, the market continues to rise, assets will continue to reflate. But it is important to get a reality...