Emerging-market stocks head for monthly advance

Source: Bloomberg
The majority of emerging-market equities fell on Friday session heading towards the longest streak of monthly climbs as the People's Bank of China decided to support the local economy with further stimulus and as India has a new government. The MSCI Emerging Markets Index dipped 0.4% to 1,034.81 by 9:01 a.m. London time.

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Fri, 30 May 2014 11:02:03 GMT

Russian stocks fall on tension with Ukraine

Russian shares dropped on Friday amid geopolitical tension between Ukraine as the country's President Vladimir Putin kept Russian army in Ukraine despite sanctions put on the nation by the European Union and the U.S. The benchmark index Micex slipped 0.6% today and it has jumped 10.4% in May, set to record its first monthly gain this year.

Fri, 30 May 2014 10:40:03 GMT

Japan's inflation rises at fastest rate since 1991

Inflation measured as consumer price index in the Asia's second largest economy increased in April rising at the fastest pace since 1991, a report released by the Bank of Japan showed on Friday. The country's consumer prices accelerates by 3.2% on an annual basis in April, however, the report also showed that industrial production in Japan slipped 2.5% in April.

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