The crunch may be over in the minds of bonus-focused bankers, but the horrible reality is that it’s still alive and merely resting. The Dubai bailout by Abu Dhabi simply highlights the risk.
Abu dhabi investment authority
Sovereign funds – what’s Labor’s policy?
With the ongoing rise and importance of sovereign funds around the world and the likelihood this will continue to grow, the question for Labor is what is their attitude towards sovereign fund investment in Australia? asks Matt Marks.
Citigroup goes to junk
The $US7.5 billion bail out of Citigroup by the Abu Dhabi Investment Authority reveals that America’s biggest bank by assets is the world’s first major bank to be valued at junk bond status.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
