Financial news on November 28th, 2009

Business and Financial news
Dubai Debt Woes Raise Fear of Wider Problem

Dubai’s inability to repay its debt is fueling concern that other countries and institutions could be in trouble too. Read more..

By LANDON THOMAS Jr - The New York Times

Dubai’s Investment Fund Crisis Unnerves Investors for a Second Day

American markets closed sharply lower after weighing troubles at Dubai World, the Persian Gulf investment vehicle, that caused markets to slump in Europe and Asia. Read more..

By JAVIER C. HERNANDEZ - The New York Times

Japan Shows Concern as Dollar Slides

The country’s finance minster has become increasingly vocal about the yen’s strength, fueling talk that the government may artificially weaken it. Read more..

By BETTINA WASSENER and HIROKO TABUCHI - International Herald Tribune

Site-Hopping for Holiday Savings

Instead of going straight to a retailer, online shoppers may do better by choosing another entrance to that retailer’s Web site. Read more..


See what else happened on November 28th, 2009