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Fauzi Ichsan

Fauzi Ichsan latest

December 3rd, 2009 - 09:18 GMT

Dubai debts worry Asia

By Terry Lacey Asian bourses, banks and currencies were worried last weekend as investors dumped shares from Mumbai to Tokyo to distance themselves from over-exposure to debts in Dubai, a leading financial and investment player in the United Arab Emirates (UAE). (The Jakarta Post 28.11.09). Dubai recently had to ask creditors of state-owned Dubai World and Nakheel PJSC to agree to a standstill on billions of dollars of debt prior ...
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