Emerging-market stocks rise led by technology sector

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Source: Bloomberg
Emerging-market shares increased to the strongest level in a week on Thursday amid gains of technology sector companies as they reported favourable quarterly results beating economists' expectations by 7.4%. The MSCI Emerging Market Index advanced by 0.3% to 1,049.67 as of 12:52 p.m. Hong Kong time heading for the highest closing price since May 10.

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Thu, 16 May 2013 12:25:07 GMT

India's bonds gain amid more stimulus by RBI

India's government bonds increased on Thursday pushing the benchmark 10-year yields towards the lowest level in a three-year period amid speculations that the Reserve Bank of India reduces the policy rate further in order as inflation slows down. Indian 10-year yields declined three basis points to 7.44% at 9:44 a.m. Mumbai time, the lowest since June 2010.

Thu, 16 May 2013 12:03:12 GMT

China's stocks rise led by financial companies and property developers

Chinese shares advanced by the most in a two-week period on Thursday led by financial companies and property developers after the regional benchmark was traded at the lowest level in more than three years. The Shanghai Composite Index gained 1.2% to 2,251.81 paring this year's fall to 0.8%, while the CSI 300 Index rose 1.8% to 2,552.71.

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