The fallout from the ongoing events in Egypt – protestors have called for a million people to assemble in Cairo today – is affecting both foreign and domestic companies. Several insurance executives in London agreed that “communications are very difficult. …
South Korea’s Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted dry-dock operations at several ports, its chief executive said on Tuesday. Seaborne traffic through Egypt’s Suez Canal continued to run …
If President Hosni Mubarak clings to power, investors will re-price Egyptian and regional assets to brace for weeks, months or possibly years of heightened political risk. If he goes, global markets could still react with alarm, fearing a rising tide …
