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Thu, 21 Aug 2008 10:29 PM
The dollar fell sharply Thursday as a weak report on leading economic indicators renewed concerns over the US outlook, contrasted with slightly better-than-expected eurozone data.
Thu, 21 Aug 2008 10:29 PM
The dollar fell sharply Thursday as a weak report on leading economic indicators renewed concerns over the US outlook, contrasted with slightly better-than-expected eurozone data.
Thu, 21 Aug 2008 09:14 PM
The dollar fell sharply against the euro Thursday as slightly better-than-expected eurozone Purchasing Managers Index figures contrasted with growing concerns over the US economic outlook.
Thu, 21 Aug 2008 04:14 PM
A forward-looking index of key US economic indicators fell by a more-than-expected 0.9 percent in July as economic headwinds continued to challenge American consumers, the Conference Board said Thursday.
Thu, 21 Aug 2008 04:14 PM
The price of oil jumped back above 120 dollars Thursday as traders tracked geopolitical tensions between the United States and Russia, a weak dollar and a large drop in US motor fuel reserves.
Thu, 21 Aug 2008 01:15 PM
Dubai-based Islamic mortgage lender Tamweel is not under investigation by the public prosecution as part of a corruption probe in which two former senior executives have been detain, the company said on Thursday. Tamweel said that "to the best of the company's knowledge" the investigation was limited to former chief ex...
Thu, 21 Aug 2008 01:15 PM
Arabian Business examines the $132bn mega-development set to transform the future of Kuwait. Stretching from the heart of Kuwait's northern desert to the banks of the Tigris and Euphrates rivers, a 250 sq km tract of desert will soon be transformed by one of the most exciting development projects ever to be undertaken ...
Thu, 21 Aug 2008 01:15 PM
Despite rain and thunderstorms, scores of Hong Kong residents queued up outside Bank of China branches - some for two nights in a row – to get their hands on special edition bank notes commemorating the 2008 Olympic Games. Several of the bank notes were quickly sold at a huge mark up to mainland Chinese collectors hung...
Thu, 21 Aug 2008 12:29 PM
The dollar on Thursday fell against major rival currencies, pressured by lingering worries about a weak US economy and struggling financial markets, dealers said.