dubai

Word on The Street is that many of the country's less-principled financiers are daydreaming about getting a one-way ticket out of Dodge. Luckily, the financial scofflaw with a truckload of money has several options at his or her disposal. Here are DailyFinance's picks.

The settlement everybody has been banking on still isn't a done deal, leaving investors with reason to be concerned that Dubai World's massive debt won't be repaid in a timely fashion. It has also led S&P to cut DP World's credit rating. The trouble isn't over yet.

Shares had a mixed day in Asia Tuesday. Hong Kong's Hang Seng Index climbed 1.2%, with real estate companies continuing to climb, and China's Shanghai Composite Index slumped 0.7%. In Japan, the Nikkei 225 Index slid 0.5%, though reports that Dubai's government is committed to helping keep Dubai World afloat, sent shares of several engineering companies involved in the building of the Dubai Metro surging.

Dubai's sovereign debt problems have resurfaced as the kingdom reportedly plans to ask for a standstill on payments of $22 billion in debt issued by state-owned Dubai World.

In the overwhelming thunder of 2009's Big Fizzle (the economy) many smaller yet important fizzles may have escaped public scrutiny. Here are nine that our writers found worthy of drawing to your attention. Feel free to add your candidates as comments. The Jay Leno Show Jay Leno, the former...

It's tempting to view the Burj Khalifa as a prefab artifact, ready-made for future archaeologists to pick over while muttering about hubris and failure. But despite the many experts ready to write Dubai's financial obituary, the emirate is far from dead.

U.S. stocks are set to open higher Monday morning after Dubai received a last-minute lifeline from neighboring Abu Dhabi, which lent it $10 billion on a day some debt was to expire. Meanwhile in the U.S., Citigroup announced it will repay its bailout funds. Without much in the way of economic...

Just as it looked like Dubai might go into a default on some of its debts and have to complete a $26 billion restructuring with bondholders, neighbor nation Abu Dhabi has provided billions in much-needed financing. The move has spurred stock market rallies around the world. Abu Dhabi put $10...

A few years ago, ever-rising home prices seemed like a sure bet. Today, Wall Street's sure bet is a weak and falling dollar. But investors would be wise to consider what would happen if the conventional wisdom falls short again.

Stocks fell Tuesday as worries about several world economies sent investors running to the safety of the U.S. dollar and Treasuries. Disappointing reports from key U.S. companies 3M Co. (MMM) and McDonald's (MCD) also increased fears that companies will be hard pressed to produce real profits next...