Emerging markets stocks fall amid slowing growth in China

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Source: Bloomberg
© Scanpix/Reuters
Developing countries' share prices fell and are headed for the biggest decline in more than 7 days amid slowing growth in Chinese service industries and increasing oil prices. China's report showed that service industries' purchasing mangers' index dropped to 53.9 last month, the lowest point since September, while oil rose due to unrest in Egypt. The MSCI Emerging Markets Index slid 1.6% to 916.99.
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Wed, 03 Jul 2013 09:35:20 GMT

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