Sandcastles in the air
Article Abstract:
A new futures, commodity and stock exchange is planned for Abu Dhabi, and The Emirates Global Capital Corporation has raised most of the funds needed for this project. The idea is to fill a gap that exists in the time zone, and that large amounts are raised from commodity trading in the Gulf region. The government has a large portfolio with a value of over $100 billion, and fund managers and banks will be favored if they use the new financial center. There will be competition from Kuwait and Saudi Arabia as well as Bubai and Bahrain within the Gulf.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Now, bondmania
Article Abstract:
The world's credit markets have been bullish in late 1996, but underlying economic fundamentals may not be strong enough to support the bull market. Bonds will not continue to rise in price, unless investors' assumptions about inflation, growth, and European monetary integration are correct.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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The morning ten years after
Article Abstract:
The 10-year anniversary of the Financial Services Act (FSA) 86 finds the city of London in a relatively healthy economic state, but the resulting system is seen as distasteful to many. A major result of the FSA is that it has given rise to the practice of insider trading.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
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