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Email this article: Emaar retreats as dividend proposal disappoints
Posted: Tue March 20, 2012 1:41 pm
UAE. Emaar, developer of the world's tallest tower in Dubai, slumped 2.6%, the most since March 7, to AED2.97 at the 2 p.m. close. The decline dragged Dubai's DFM General Index 1.5% lower to 1,643.31.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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