Andrew Foxwell Archive
Showing 31 - 40 articles of 75
Oct 12, 2008
Dubai Financial Market stocks now limited to 10% rise or fall during trading in a bid to slow down the impact of international market turmoil. Read Article Regulators pressured to revive markets
Oct 09, 2008
Central Bank says institutions are solid. Total mortgage lending by UAE banks does not pass 11 per cent of assets and 1 per cent of deposits. Read Article Why your dirhams are safe
Oct 08, 2008
The region's central banks were forced into the half a percentage point cut because most have a currency peg. Read Article GCC interest rates approach record lows
Oct 08, 2008
Bourses close deep in the red by the time central banks around the world announced rates cuts. Read Article Interest rate cuts too late for regional markets
Oct 08, 2008
Gulf institutions follow six of the world's central banks in cutting rates by half a percentage point as region's bourses close deep in the red. Read Article Gulf banks follow global rate cut
Oct 08, 2008
Stock exchanges plunge in value as recession looms and Britain bails out banks amid clamour for global interest rate cuts. Read Article Markets collapse on recession fear
Oct 06, 2008
Dubai's stock market is now at its lowest level since 2005. Read Article Market rout continues amid fears of world recession
Sep 30, 2008
Asian markets pared heavy losses early in the day to close mixed as they digested conflicting US news. Read Article Asia regains its composure after early morning rout
Sep 30, 2008
The uncertainty over whether the US Congress could revive the $700bn bailout for banks' toxic debt, and the subsequent Wall Street crash, casts a shadow over global stock markets. Read Article Markets are spooked, but they are no longer running scared
Sep 29, 2008
Despite US bailout, collapsing financial institutions now focus of bearish trading. Read Article Bank crisis spreads to Europe
