Emerging-market equities fall on lower earnings

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Source: Bloomberg
© Scanpix/RS
Emerging-market shares declined on Thursday falling the most in seven days and reducing a monthly increase for the area benchmark index as companies' earnings were shy of a forecast and investors speculate the U.S. Fed may trim its bond purchases soon. The MSCI Emerging Markets Index slipped 0.6% to 1,036.24 at 4:27 p.m. Hong Kong time.

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Thu, 31 Oct 2013 13:36:06 GMT

Gold falls amid speculation Fed scales back earlier

Gold lost on Thursday falling for a third straight day and trimming its monthly gain amid speculation the Federal Reserve may begin scaling back its $85 billion a month bond purchases program sooner than economists expect. Bullion for delivery in October slid 0.7% to $1,335.30 an ounce and traded at $1,335.70 as of 2:22 p.m. Singapore time.

Thu, 31 Oct 2013 13:14:06 GMT

U.K. shares fall from 5-month high amid drops in earnings

U.K. equities declined on Thursday falling from the strongest level since May after companies from Royal Dutch Shell Plc to AstraZeneca Plc showed drops in earnings, when Shell contributing the most to a decline loosing 4.6%. The FTSE 100 Index fell 25.27 points to 6,752.43 as of 9:02 a.m. London time, however, the gauge is still up 4.5% this month.

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