Debt problems in Dubai weighed on stocks, helped lift bonds and roiled currency markets on Friday after the emirate said two companies planned to delay repayment on billions of dollars of debt as a first step toward restructuring Dubai World, the conglomerate that spearheaded Dubai's break-neck economic growth.
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MAIN STORIES > Dubai debt delays revive fear of financial crisis > Asia banks, builders battered by Dubai debt woes > International banks assess Dubai loan exposure > Dubai official: Understands markets' worries
RELATED STORIES > Treasuries rise in Asia as risk shed on Dubai woes > Gulf bonds plunge, CDS soar on Dubai troubles > Dubai debt delay rattles UK, Europe banks > DP World excluded from Dubai World restructuring > Saudi-backed GIB pulls bond sale on Dubai move > EMERGING MARKETS-Dubai fears fuel profit-taking > Dubai raises further $5 bln in bond programme > S&P puts ratings of 4 Dubai banks on neg watch > Dubai Nakheel call delayed > Property firesale seen on Dubai problems
BANK EXPOSURE > Stanchart to inform investors if Dubai exposure > Taiwan's First financial has exposure to Dubai > Lloyds says has 'modest' exposure to Dubai World > BNP Paribas not exposed to Dubai property bubble > Deutsche Bk has no exposure to Dubai World-source
ANALYSIS > Dubai Inc may face shakeup after debt standstill > Abu Dhabi ascendant as debt spoils Dubai's model
COLUMNS > Dubai will pay for Abu Dhabi aid > Stop the Dubai World, I want to get off > Sovereign CDSs not just a sideshow > Dubai must recover investors' faith
FACTBOXES, TEXT > TEXT-Dubai govt release on Nakheel, Dubai World > FACTBOX-Outstanding bonds from Dubai World;units > FACTBOX-Dubai World faces restructuring > FACTBOX-Dubai bonds maturing through to 2011 > INSTANT VIEW-Dubai World seeks debt pause > Q&A-Who is who in Dubai corporate map? > FACTBOX-Gulf Arab policy steps to address crisis
BACKGROUND > Emerging debt restructuring finds favour > Dubai words not enough to assure investors > Dubai World liabilities total $59 bln end-2008 > UAE quit currency plan over fundamentals-report
Keywords: DUBAI/TAKE A LOOK (Edited by Kim Coghill; Asia Treasury Desk: +65 68703840; kim.coghill@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Double-click on the links in brackets to retrieve stories
(Access to some items may depend on subscription level)
MAIN STORIES > Dubai debt delays revive fear of financial crisis > Asia banks, builders battered by Dubai debt woes > International banks assess Dubai loan exposure > Dubai official: Understands markets' worries
RELATED STORIES > Treasuries rise in Asia as risk shed on Dubai woes > Gulf bonds plunge, CDS soar on Dubai troubles > Dubai debt delay rattles UK, Europe banks > DP World excluded from Dubai World restructuring > Saudi-backed GIB pulls bond sale on Dubai move > EMERGING MARKETS-Dubai fears fuel profit-taking > Dubai raises further $5 bln in bond programme > S&P puts ratings of 4 Dubai banks on neg watch > Dubai Nakheel call delayed > Property firesale seen on Dubai problems
BANK EXPOSURE > Stanchart to inform investors if Dubai exposure > Taiwan's First financial has exposure to Dubai > Lloyds says has 'modest' exposure to Dubai World > BNP Paribas not exposed to Dubai property bubble > Deutsche Bk has no exposure to Dubai World-source
ANALYSIS > Dubai Inc may face shakeup after debt standstill > Abu Dhabi ascendant as debt spoils Dubai's model
COLUMNS > Dubai will pay for Abu Dhabi aid > Stop the Dubai World, I want to get off > Sovereign CDSs not just a sideshow > Dubai must recover investors' faith
FACTBOXES, TEXT > TEXT-Dubai govt release on Nakheel, Dubai World > FACTBOX-Outstanding bonds from Dubai World;units > FACTBOX-Dubai World faces restructuring > FACTBOX-Dubai bonds maturing through to 2011 > INSTANT VIEW-Dubai World seeks debt pause > Q&A-Who is who in Dubai corporate map? > FACTBOX-Gulf Arab policy steps to address crisis
BACKGROUND > Emerging debt restructuring finds favour > Dubai words not enough to assure investors > Dubai World liabilities total $59 bln end-2008 > UAE quit currency plan over fundamentals-report
Keywords: DUBAI/TAKE A LOOK (Edited by Kim Coghill; Asia Treasury Desk: +65 68703840; kim.coghill@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.