Dubai could lure wealthy Hong Kong expats says Tellimer arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
DUBAI: Dubai tourism and Saudi commodities are among the emerging market sectors that offer attractive valuations for investors, Tellimer said in a research note. The stuttering and uneven recovery supports a mix of cheap technology, manufacturing, commodities and tourism exposure, it said. The research group said its updated valuations suggested that smaller emerging and
CORRECTED-EMERGING MARKETS-FX, stocks drop on inflation anxiety ahead of U.S. data Reuters 2 hrs ago
Popular Searches EM stocks index weighed down by Asian heavyweights Israeli shekel down as Gaza violence intensifies
By Shashank Nayar
May 12 (Reuters) - Emerging market currencies and stocks suffered on Wednesday as fears over rising price pressures fuelled bets on earlier interest rate hikes and underpinned the dollar and global yields ahead of U.S. inflation data.
MSCI s index of emerging market currencies slipped 0.2%, falling for a second consecutive session, while stocks fell 0.6% to its lowest since late-March, as tech shares across the globe sold off.