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Dubai Leads Gulf Shares Lower on Global Drop; Shuaa, Aldar Fall

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Shuaa Capital PSC , the biggest investment bank in the United Arab Emirates, slumped the most in two weeks after reporting a fourth-quarter loss of 154.3 million dirhams ($42 million). Aldar Properties PJSC , Abu Dhabi’s biggest real-estate developer dropped the most since Jan. 26 after
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Dubai Leads Gulf Shares Lower on Global Drop; Shuaa, Aldar Fall - Bloomberg.com

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Shuaa Capital PSC , the biggest investment bank in the United Arab Emirates, slumped the most in two weeks after reporting a fourth-quarter loss of 154.3 million dirhams ($42 million). Aldar Properties PJSC , Abu Dhabi’s biggest real-estate developer dropped the most since Jan. 26 after the
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Euro Tumbles as Budget Deficit Turmoil Damps Economic Outlook - Bloomberg.com

The 16-nation currency yesterday tumbled to an almost one- year low against the yen and to the weakest level in eight months versus the dollar as investors bet sovereign risk crises in nations such as Greece, Portugal and Spain will force policy makers to keep interest rates at record lows for

Euro Tumbles as Budget Deficit Turmoil Damps Economic Outlook

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By Inyoung Hwang The 16-nation currency yesterday tumbled to an almost one- year low against the yen and to the weakest level in eight months versus the dollar as investors bet sovereign risk crises in nations such as Greece, Portugal and Spain will force policy makers to keep interest
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Euro Tumbles as Budget Deficit Turmoil Damps Economic Outlook

By Inyoung Hwang The 16-nation currency yesterday tumbled to an almost one- year low against the yen and to the weakest level in eight months versus the dollar as investors bet sovereign risk crises in nations such as Greece, Portugal and Spain will force policy makers to keep interest

Euro Tumbles as Budget Deficit Turmoil Damps Economic Outlook - Bloomberg.com

The 16-nation currency yesterday tumbled to an almost one- year low against the yen and to the weakest level in eight months versus the dollar as investors bet sovereign risk crises in nations such as Greece, Portugal and Spain will force policy makers to keep interest rates at record lows for

ECB, BoE keep main lending rates on hold

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Click to enlarge photo FRANKFURT (AFP) - The European Central Bank and Bank of England kept interest rates at record lows on Thursday as financial markets looked for guidance on growing eurozone debt problems. The ECB maintained its main lending rate at 1.0 percent
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Australian Dollar Slides as Central Bank Keeps Rate Unchanged

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Feb. 2 (Bloomberg) -- The Australian dollar slid after the nation’s central bank unexpectedly paused in raising interest rates, spurring demand for other higher-yielding currencies such as the Norwegian krone and South African rand. The Aussie fell against all 16 of its most-traded peers
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Australian Dollar Slides on Rate Surprise; European Stocks Rise

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Australia’s currency weakened against all 16 of its most- traded peers tracked by Bloomberg as of 10:10 a.m. in London. Europe’s Dow Jones Stoxx 600 Index advanced 0.5 percent. Futures on the Standard & Poor’s 500 Index climbed 0.3 percent. The Reserve Bank of Australia left its key
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Australian Dollar Slides on Rate Surprise; European Stocks Rise - Bloomberg.com

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Australia’s currency weakened against all 16 of its most- traded peers tracked by Bloomberg as of 10:10 a.m. in London. Europe’s Dow Jones Stoxx 600 Index advanced 0.5 percent. Futures on the Standard & Poor’s 500 Index climbed 0.3 percent. The Reserve Bank of Australia left its key
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