Emerging market shares rise as oil prices drop

Source: Bloomberg
Emerging-market equities increased on Monday rising for the second straight session after the global powers and Iran agreed on the Iranian nuclear program pushing the oil prices down and as the Thai currency dropped to the lowest level in 10 weeks. The MSCI Emerging Markets Index gained 0.4% to 1,012.94 by 2:06 p.m. Hong Kong time. 

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Mon, 25 Nov 2013 11:24:10 GMT

Australia's Dollar at 5-year low against Kiwi ahead of Lowe speech

Aussie depreciated 0.6% to NZ$1.1140 at 2:05 p.m. is Sydney, after reaching NZ$1.1137, the weakest level since October 2008, amid speculation, before the RBA deputy governor Philip Lowe speech, that Reserve Bank will curb currency strength. Meantime, the Australian currency sank 0.2% to 91.67 U.S. cents, before trading near three month low at 91.44 on November 22.

Mon, 25 Nov 2013 11:02:03 GMT

China's shares are little changed after pipeline explosion in Qingdao

Chinese equities fluctuated on Monday as China Petroleum & Chemical Corp. led declines after Qingdao pipeline explosion killed 52 people and as port and defense-related shares recorded gains. The Shanghai Composite Index slid 0.2% to 2,193.99 by 2:16 p.m. local time following a 0.6% gain recorded earlier on the session.

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