Emerging-market equities slide as Indian stocks fall

Emerging-market shares declined on Tuesday and were poised to record the longest losing streak in a five-week period mainly due to a fall of Indian stocks and as China's lenders shrank amid concerns that government may cut industrial overcapacity curbing earnings. The MSCI Emerging Markets Index slipped 0.3% to 1,023.89 as of 2:47 p.m. Hong Kong time.