By Keith Fitz-Gerald Contributing Editor As I’m sure we’ve all seen, the Dubai government – through its Dubai World investment subsidiary – is going to pony up $5.1 billion for a 9.5% stake in Kirk Kerkorian’s MGM Mirage (NYSE: MGM). Dubai is also reportedly interested in a 50% ownership position in MGM’s billion-dollar CityCenter development […]
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Aussie Hedge Fund Says it Benefited From Exposure to U.S. Sub-prime Mortgages
HFA Holdings Ltd. (ASX: HFA), an Australian hedge fund manager that manages more than $3 billion, said it anticipated the U.S. subprime mortgage crisis.
China's Not The Only Red-Hot Economy In the East: Why Vietnam Is Asia's Hidden Dragon
In the past decade, the economy of Vietnam has made fantastic strides