Emerging-market stocks increase as Neway leads the way

Source: Bloomberg
Emerging-market shares rose on Friday with the benchmark region's index heading for a weekly gain mainly due to an increase of technology companies as Neway Valve added 43% on its debut on China's stock exchange. The MSCI Emerging Markets Index gained 0.1% to 975.60 by 2:08 p.m. Honk Kong time extending the weekly advance to 0.6%.

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Fri, 17 Jan 2014 09:38:02 GMT

European stocks advance before U.S. economic reports

The majority of European shares increased on Friday with the local benchmark index heading towards its second weekly gain before a reports from the U.S. showed that the world's largest economy is improving. The Stoxx Europe 600 Index gained 0.2% to 334.76 as of 8:11 a.m. London time with three stocks rising for every one falling.

Fri, 17 Jan 2014 09:56:04 GMT

Brent slides as OPEC production drops in December

The European benchmark crude Brent slipped on Friday trading session after a report released by the Organization of Petroleum Exporting Countries showed that the area's production declined by 20,000 barrels per day in December. Brent for settlement in March fell one cent to a level of $105.74 a barrel on the London's ICE Futures Europe exchange.

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