Emerging markets fell for first time in 6 days

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Source: Bloomberg
Emerging-market equities decreased for the first time in a six-day period on Monday mainly due to a notable drop of discretionary companies after shipments out of South Korea increased below forecast and China and Japan's manufacturing data showed unfavourable results on Monday. The MSCI Emerging Markets Index fell 0.2% to 1,032.80 after it gained 1.9% last week recording its highest level since March 15.

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Mon, 01 Apr 2013 10:57:07 GMT

Won falls the most since March 22 amid weaker exports

South Korean currency decreased to its lowest level in one week after shipments out of the country rose below economists' expectations in the month of March and as tension between North and South Korea worsen increasing the risk of conflict. The Won was traded 0.3% lower at 1,114.73 per U.S. Dollar following a fall to its weakest level since March

Mon, 01 Apr 2013 10:25:06 GMT

Asian shares drop amid Japan's report on April 1

Asian shares decreased on Monday with Japanese Topix Index dropping to its lowest level since March 2011 after Japan's manufacturing business sentiment report showed unexpected fall and as China's factory production rose slower than estimated. The MSCI Asia Pacific Index declined 1.3% to 133.82 in Tokyo with three falling shares for one advancing.

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