Osama Bin Laden death affects markets
The news of the death of Osama Bin Laden gave stock markets around the world a brief boost - although the positive reaction was short-lived.
May 3, 2011 4:18 by shafeer
The Dow Jones in New York finished Monday flat. It was a similar story for the US dollar, which rose on the news, but then fell back and hit a 17-month low against the euro on Monday.
Goldman Sachs Asset Management chairman Jim O’Neill says Bin Laden’s death will not affect investment in the US in the long term.
Source : BBC
More on Article
-
Kuwait ministers reach out to bloggers and journalists
-
Consumer confidence in Dubai on the up
-
Tasweek: ‘Maintain and sustain’ real estate sector
-
The Arab youth have spoken
-
Easing Emiratisation
-
Yammine of Credit Suisse MidEast resigns
-
Walk this way
-
Top 10 Highest paid celebrities of 2012
-
The Daily Deal Dilemma
-
Top 5 Tallest Residential Towers in the World
-
In Pictures: London 2012 Olympic preparations
-
REFORM IN THE KINGDOM: Saudi Arabia pushes accelerator on reform
-
IN PICS
-
Saudi Arabia will enter women in London Olympics
-
vending machines
-
HORSING AROUND: The passion and big business that is horses in the UAE.
-
Ready for liftoff
-
SIGNS OF SLOWING ECONOMY DRIVE STANDARD & POOR’S DOWN
-
FISCALLY SPEAKING: Saudis Wouldn't Gain Much From A Union With Bahrain
-
FOR THE SAKE OF TOURSIM: Putting the 'United' back into the UAE.
Lately on Kipp
-
Dubai ruler makes horse doping illegal
-
CEO-elect of UAE’s fraud-hit RAKBANK has quit
-
Over 90% of passwords vulnerable to hacking
-
‘Renewable energy absolutely necessary’ – Saudi
-
NEC Display Solutions launches Full HD 3D ready compact meeting room projector
-
Saudi Arabia confirms another death from SARS-like virus
