Why Is Dubai’s Stock Market Crashing?
Why is Dubai's stock market crashing? (24 June 2014) The Dubai Financial Market has been taking a beating for weeks, and news of firings at Arabtec (ARTC:UH), the United Arab Emirates’ largest listed builder, caused a new round of panic yesterday. Shares in the stock exchange fell 6.7 percent, to 4,009.01,...
Standard Chartered warns of lower profits
(26 June 2014) Standard Chartered has said first-half operating profits will be 20% lower than a year earlier, blaming a slump in income from its financial markets business. The warning comes only three months after the Asia-focused lender reported its first fall in annual profits for a decade. The UK bank had been expected...
Taiwanese protesters hurl paint at PRC official’s convoy
Security staff surround China’s Taiwan Affairs Office Minister Zhang Zhijun, center back, after paint was thrown on his car as it entered National Sun Yat-sen University in Greater Kaohsiung on Friday evening. Photo: CNA (29 Jun) - A mess of white paint and joss paper greeted delegates to the second meeting between Mainland...
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