Investors dumped shares in alarm on Friday, sending markets plunging as fears of debt defaults bred fresh concern for the world economy after Dubai’s shock request to suspend major loan repayments.
Investors “headed for the exit door” after the Dubai government’s investment vehicle Dubai World sought to suspend debt payments for six months, IG Markets analyst [...]
Investors dump stocks
Posted on November 28th, 2009 in Dubai Investors, Dubai scare, Investors dump stocks, World News, aus, aussie dollar, cent, dubai news, investors news, micro cap, perth