Economics/Buisness

Indian shares snapped a seven-day slide and climbed 5.5 per cent on Friday, after large domestic funds bought in late trade triggering short covering ahead of the weekend.

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Soverign wealth funds may need to limit purchases or even liquidate parts of their portfolios.

The party is over and the hangover has kicked in. In economies all over the western world, corporate executives and the rising stars of finance are beginning to think this downturn could be different.

One of the things that amazed me in my first few months in Dubai was how easy it was to borrow cash from the banks.

People in countries with high growth rates tend to feel less satisfied with their lives.

As the uncertain economic climate begins to claim jobs in the region, it's becoming likely that more companies are looking at the possibility of having to let staff go.