World markets mostly rose Monday after Dubai said it had received $10 billion in emergency funds from its oil-rich neighbor Abu Dhabi, helping to ease investor fears that the emirate will default on its debt. Saudi Arabia's Tadawul All Share Index rose by 2.14 percent to close Monday at 6,115 points. In Europe, the FTSE 100 index of leading British shares was up 50.05 points, or 1 percent, at 5,311.62 while Germany's DAX rose 53.93 points, or 1 percent, to 5,811.97. The CAC-40 in France was 21.02 points, or 0.6 percent, higher at 3,824.74. The advance is expected to continue when Wall Street opens – Dow futures were up 46 points, or 0.4 percent, at 10,469 while the broader Standard and amp; Poor's 500 futures rose 6.1 points, or 0.6 percent, at 1,109.30. The gains came after Dubai government said the financing would help pay off $4.1 billion in debts owed by struggling Dubai World's property division and due Monday. The rest would go toward bills and expenses through April. Earlier in Asia, most stock markets rose with the notable exception of Japan's Nikkei, which closed down 2.19 points at 10,105.68 as investor optimism was weighed down by a fairly sluggish Tankan business confidence survey – it showed only a modest fourth quarter improvement and a continued reluctance by firms to ramp up their investments. However, Hong Kong's Hang Seng rose 183.64 points, or 0.8 percent, to 22,085.75 and South Korea's Kospi added 7.87 points, or 0.5 percent, to 1,664.77.
