Emerging stocks set to weekly drop as TSMC falls

Source: Bloomberg
© Scanpix/RS
Emerging stocks market declined for a third day due to the drop in technology shares and concerns about slowing Chinese economy. The MSCI Emerging Markets Index slumped 0.4% to 958.78 as of 8:04 a.m. London time, expanding this week's drop to 1.1%. Moreover, China's industrial company gains fell 4.2% early in the year.
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