UAE markets seen “limit down” on Monday open

UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week […]

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Global corporate accounting fraud up sharply: survey

Global companies have seen a sharp rise in accounting fraud over the past 12 months, as the pressures of the recession have weighed on […]

Hungary to Be World’s Fiscal Leader, BofA Says

Hungary is poised to emerge from the global recession as a leader in fiscal health as years of economic pain brought on by government […]

HSBC’s King Says Pound Crisis Always a Risk for U.K.

Britain faces the danger of a currency crisis after policy makers allowed the pound to become “seriously undermined,” HSBC Holdings Plc Chief Economist Stephen […]

Slovenia Won’t Meet EU Budget Limit Before 2012, Krizanic Says

Euro region member Slovenia, which is facing European Union criticism over its fiscal policy, won’t bring the budget deficit back in line with EU […]

Sluggish U.S. Economy May Bring Equity Correction, Spence Says

The performance of the U.S. economy is probably more sluggish than reflected in stock markets, risking a correction in equities, Nobel Prize-winning economist Michael […]

‘Age of Austerity’ Awaits G-20 as Rising Debt Worries Greenspan

Global leaders may be saddled with the weakest recovery since World War II if they are to pay off the $9 trillion tab they […]

U.S. Economy: Home Starts, Manufacturing Index Rise

Housing starts in the U.S. rose to the highest level in nine months and manufacturing in the Philadelphia region expanded more than forecast, adding […]

Bank of Japan’s 1999 Zero-Rate Policy Triggered by Yield Surge

A jump in Japanese bond yields prompted the central bank to cut interest rates to near zero in 1999, according to policy meeting transcripts […]

Vietnamese Trade Deficit Narrows Through July; Inflation Eases

Vietnam’s trade deficit narrowed, providing potential support for a currency hurt by concerns that stockpiling of dollars is making it difficult to pay for […]