World

  • RELEVANCE (12 HRS)
    sort drop down

S&P futures slide more than 3 pct as Dubai woes bite

HONG KONG, Nov 27 (Reuters) - Futures on the U.S. S&P 500 tumbled more than 3 percent on Friday, extending losses after Dubai's decision to suspend billions in dollars of debt repayments from two flagship companies stoked...

powered by

UPDATE 1-China reaffirms pro-growth policy for 2010

BEIJING, Nov 27 (Reuters) - A meeting of the ruling Communist Party reaffirmed the relatively loose monetary setting and active fiscal policy that China adopted a year ago as the crisis reached its peak, but said there was a...

powered by

UPDATE 1-Three PE firms back Sina $180 mln mgmt investment

HONG KONG, Nov 27 (Reuters) - Sequoia Capital, FountainVest and CITIC Capital have agreed to finance a management-led plan to invest $180 million in China's leading Web portal, Sina , two people familiar with the plan said on...

powered by

Periphery euro zone bond spreads off session wides

LONDON, Nov 27 (Reuters) - The premium investors demand to hold 10-year peripheral euro zone government bonds rather than benchmark German Bunds fell sharply from the day's highs on Friday as European concerns over Dubai's debt...

powered by

Ukraine to buy 7.6 bcm Nov-Dec, 7 bcm in Q1 2010

KIEV, Nov 27 (Reuters) - Naftogaz will import 7.6 billion cubic metres of gas until the end of the year and another 7 bcm in the first quarter of next year, the head of the Ukrainian state energy firm said on Friday.

powered by

Wall Street prepares for a drubbing

NEW YORK (CNNMoney.com) -- U.S. stocks were set to plunge Friday in tandem with worldwide markets, as Dubai World and its debt woes threatened Wall Street's confidence. Dow Jones industrial average, Nasdaq and S&P 500 futures...

powered by

In Greenland, Warming Fuels Dream Of Hidden Wealth

In Greenland, Global Warming Fuels Dreams Of Uncovering Untapped Riches As Ice Retreats (AP) TASIILAQ, Greenland (AP) - The blood-drenched scene offers a glimpse into Greenland's past - a time not long ago when seal hunting...

powered by

It's A Mall World After All

Developing nations have embraced that much-maligned bastion of suburbia. If Indian Prime Minister Manmohan Singh wants a taste of home during his visit to Washington this week, he might consider a trip to McLean, Va., home to...

powered by

Rusal's Hong Kong IPO is on track despite delay

Rusal is on track to hold the initial public offering by the end of 2009 despite the Hong Kong stock exchange's listing committee postponing its decision on the IPO until Dec. 3, people familiar with the matter said Thursday.

powered by

India's Unitech says has no exposure to Dubai

NEW DELHI, Nov 27 (Reuters) - Unitech Ltd , India's No. 2 listed real estate firm, has no exposure to Dubai, its Managing Director Sanjay Chandra said on Friday. "We have no business or exposure to either business from Dubai,...

powered by