Emerging-market equities declined on Thursday with the region's currencies falling as the U.S. Federal Reserve announced it reduces its bond-purchases to $75 billion per month while keeping the interest rate at record low. The MSCI Emerging Markets Index fell 0.3% to 989.70 as of 11:09 a.m. London time, the Hang Send China Enterprises Index lost 1.7%, whereas the South Korean Won led drops in currencies falling by 0.9%.