The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low.
The US Federal Reserv
Dubai's main stock index jumped 3 percent on Thursday to its highest close since October 2008 as major Middle Eastern bourses started 2014 on a strong note, buoyed by expectations for solid economic growth this year.
Index compiler FTSE expects to create a regional index for the Gulf by the end of the year, helping broad international investment in the region's stock markets, a senior manager said.
FTSE Group's managing director for Europe, the Middle
Global index provider Standard & Poor's has launched a new index for some of the biggest-name stocks in developing equity markets.
The London-based firm described the newly launched S&P/IFCG Extended Frontier 150 Index as "the firs