Dubai saw on Thursday the listing of the very first Islamic bond or sukuk in its stock market by China’s Hong Kong Special administrative region.
World economic growth will probably pick up slightly in 2015, but the recovery will remain weak, according to the Central Economic Work Conference concluded on Thursday.
The British Chambers of Commerce (BCC) Wednesday revised down its forecasts on Britain’s GDP growth, and warned that the country’s economic growth faces “a number of hurdles”.
The current Chinese economic slowdown is only natural and, given the existence of strong growth factors, not worrying, said European analysts.
China will focus on boosting economic growth quality and efficiency in 2015 and stick to the theme of seeking progress while maintaining stability, according to a high-level meeting of the Communist Party of China (CPC) on Friday.
The Bank of Canada announced Wednesday that it is maintaining its target for the overnight rate at 1 percent.
Bank of China (BOC) predicted in a report on Tuesday that China’s GDP will expand by around 7.2 percent in 2015, lower than the target set for this year.