Dubai debt fears hammer stocks

Debt problems in Dubai hit financial markets across the board on Thursday, sinking global stocks, helping lift safe-haven bonds and taking the dollar up from a 14-year low against the yen. Gold

Moody’s downgrades Dubai GRI ratings

Moody's Investors Service has downgraded the ratings of all six government-related issuers (GRI's) in Dubai and left them on review for possible downgrade. The ratings affect DP World, Dubai Electricity & Water