Gulf outperforms as world markets slideBonds in the Gulf Arab oil exporters are outperforming fixed income markets in many other countries as the world's economic climate darkens, suggesting the Gulf may have turned a corner in convincing investors of its financial stability. &nbs More… |
Economic woes hit markets worldwideWorld stocks ended lower yesterday as investors piled into safe havens on worries about sovereign debt crises on both sides of the Atlantic and after data showed meagre growth in the US economy. The Swiss franc, a traditional safe-haven cu More… |