Persisting fears about sovereign and related debt from Greece to Dubai will keep investors occupied into 2010 after they enjoyed one of the best years for world stocks in the past two decades.
Moody’s prods Japan on debt (The Japan Times)
Japan should set a “well-articulated” target to reduce government debt that is already the largest in the world, according to Moody’s Investors Service. “Deficit reduction and a debt target would help support a rating,” Moody’s Senior Vice President Thomas J. Byrne said Tuesday in Singapore. “Things we are most concerned about are the lack of well-articulated long-term fiscal consolidation and a …
Investors shrug off Dubai debt crisis (BigPond News)
Saudi stocks closed down one per cent as investors shrugged off neighbouring Dubai’s debt crisis.
Saudi Shares Fall Most in Four Weeks on Dubai Debt Concerns (Bloomberg)
Dec. 5 (Bloomberg) — Saudi Arabian stocks fell the most in almost four weeks, led by Al Rajhi Bank and Samba Financial Group , on the first day of trading since Dubai World, a state- owned company in the neighboring United Arab Emirates, said it may delay debt payments.
Saudi investors shrug off Dubai debt crisis (AFP via Yahoo! News)
Saudi stocks closed down one percent on Saturday as investors shrugged off neighbouring Dubai’s debt crisis in the first trading day on the Riyadh market in nearly two weeks.
Glazers struggling to refinance debt | United Rant
Glazer family cannot refinance part of the club’s 700m debt.
New Jersey’s debt climbs to $33.9 billion (AP via Yahoo! News)
A new report paints a bleak picture of state debt.
Dubai's debt crisis | Latest Editions | PRI's The World
What’s behind the fall of Dubai World? Some say Dubai’s Islamic banks may have abandoned their principles for Western-style investing. The World’s Aaron Schachter explains.
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