Arab economies ill-prepared for global shocks

By Alistair Lyon, Special Correspondent (Reuters)  Like anyone invested in global financial markets, Arab sovereign funds, investment banks and rich individuals are taking a severe beating. Also getting queasy are those who

Stocks trim losses after global rate cuts

Stock markets trimmed deep losses on Wednesday after coordinated interest rate cuts from central banks across the world and Wall Street looked set for a postive start. Cuts from the U.S. Federal