wisnuaji dot com

Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout to Dubai to help with debt repayments.

The move, which also sent world stocks mostly higher, helps ease investor fears that the emirate will default on its debt and signal a new round of broader credit problems. Dubai World was up against a Monday deadline to repay the loans.
Read the rest of this entry »