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Business
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Economy
8/9/2011 3:27:04 PM
Finance ministry is gearing up for bonds auction on 15 August, says central bank
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Economy
8/9/2011 12:44:21 PM
Global stocks fall sharply for the 10th consecutive session as Chinese inflation, the US credit downgrade and Europe's debt crisis add to woes
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Economy
8/8/2011 11:06:57 PM
US stocks plunged on Monday, taking the S&P 500 down more than 6 percent on growing fears of a recession, exacerbated by the loss of the country's pristine triple-A credit rating
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Business
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Economy
8/8/2011 10:43:20 PM
Ratings agency Standard & Poor's, still under fire for downgrading the US, on Monday restated the reasons for its decision while rival Moody's set itself apart, saying America still has the characteristics of a AAA-rating
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Economy
8/8/2011 4:54:23 PM
The precious metal is offering sanctuary for those worried over the US debt downgrade, Europe's financial crisis and slowing global growth
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Business
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Economy
8/8/2011 4:40:11 PM
Fear of a repeat of the 2008 crisis is snowballing after the US debt downgrade, causing international markets to slump
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Business
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Economy
8/8/2011 4:25:02 PM
Europe's central bank, the G7 and G20 have all made statements on the bleak worldwide picture. But is there much substance behind the words?
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Business
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Economy
8/8/2011 3:41:07 PM
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Economy
8/8/2011 12:50:25 PM
Emirates will keep its currency pegged to the dollar despite Standard & Poor's downgrade of the world's biggest economy while Oman believes US treasuries risk-free, say officials
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Economy
8/8/2011 12:47:51 PM
Worldwide shares sink on the US debt downgrade despite a European Central Bank pledge to buy up Italian and Spanish bonds
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Business
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Economy
8/8/2011 12:02:32 PM
Sales of short-term government debt reach their target as experts say the global downturn is unlikely to have much effect on an already depressed market
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Business
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Economy
8/7/2011 11:01:44 PM
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Economy
8/7/2011 6:16:45 PM
Egyptian stocks feel the early impact of the US credit downgrade, mirroring regional markets to lose more than 4 per cent as worries build over the global economy
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Business
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Economy
8/7/2011 5:02:26 PM
The US rating downgrade sparks immediate declines in the Middle East's financial markets as concerns rise over the state of the global economy
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Business
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Economy
8/7/2011 4:03:43 PM
Head of sovereign ratings says the impact of the credit downgrade on markets will be mild, calling the treasury department's criticism of its analysis 'a complete misrepresentation'
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Business
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Economy
8/7/2011 3:11:21 PM
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Economy
8/7/2011 11:58:27 AM
After $2.5 trillion was wiped from global markets in the last week, leaders are under mounting pressure to reassure investors that Western governments can reduce their growing public debt
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Business
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Economy
8/6/2011 10:53:56 AM
S&P cuts U.S. long-term credit rating to AA-plus; a move which is likely to eventually raise borrowing costs for the American government, companies and consumers.
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Business
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Economy
8/5/2011 4:05:39 PM
Stock traders breath a sigh of relief at the news that the U.S. added more jobs than expected during July, putting a halt to one of the worst selloffs since the height of the 2008 financial crisis
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Business
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Economy
8/5/2011 12:01:24 PM
An overnight panic triggered the worst sell-off on Wall Street since the global financial crisis, investors in Asia slashed positions in equities and commodities and scrambled for the safety of cash and government bonds
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