Dubai's stock market closed at a one-year low and Abu Dhabi's market closed at a record low Monday on the back of speculation that Dubai may...
Global stocks were mixed Monday as investors worry that a possible debt default by Dubai's two flagship firms will damage the recovery. Sand...
Dubai's government finally broke its silence saying it was not responsible for Dubai World's debt. The director of the country's finance dep...
There has been no statement from the Dubai Department of Finance as the country's market posted the biggest one-day loss Monday since Octobe...
The situation is Dubai could affect markets in the short-term by "bringing into question some negativity in the market, perhaps a pullback. ...
The Dubai government will make an announcement about Dubai World Monday. The UAE's central bank offered emergency support to its banks. "The...
"The Dubai situation is going to dominate the markets for a couple of weeks," Marino Valensise, CIO of Barings, said Monday. "Institutional ...
Tokyo stocks recovered on Monday, with the Nikkei 225 Average closing 2.9% higher. There is increased talk of Japanese authorities moving to...
Britons repaid the highest amount of unsecured credit on record in October, data showed Monday. Net consumer credit fell for the fourth stra...
"This announcement by Dubai World was a surprise to everyone, including many money market participants in Abu Dhabi," Mohsin Khan from the P...
A US senator opposed the re-election of Ben Bernanke as Federal Reserve chairman, saying he is "part of the problem." "It reflects the fact ...
Taiwan financials' exposure to Dubai's debt crisis is pretty small in the global scheme of things, says Seow Hock Hin, senior VP of institut...
The best ways to play the space, with Evan Smith, U.S. Global Investors portfolio manager.
A check on the commodities markets, with John Kilduff, Round Earth Capital co-CIO.
A look ahead to today's trading, with Arthur Cashin, UBS Financial Services director, floor operations.
Lovefilm was announced as the eleventh annual winner at the Growing Business Awards. "What we're offering people is basically how to make th...
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...
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COMPANY : Basic Energy Services
15 Oct 2009
While the Dow’s financial stocks have been by far the best performing stocks since that low, other industrial and tech stocks have actually been the primary source of the Dow’s move higher... Read More
5 Jun 2009
While Adrian Day, chairman and CEO of Adrian Day Asset Management, said the short term play could be risky, John Licata, chieft investment strategist at Blue Phoenix, said it indicates a good buying opportunity... Read More
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