Emerging-market stocks rise led by financial and technology companies

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Source: Bloomberg
Emerging-market equities increased on Friday with the area's benchmark index rising towards a weekly gain as financial and technology shares advanced, while the Thai stocks and the local currency dropped. The MSCI Emerging Market Index surged 0.3% to 1,006.70 as of 2:05 p.m. Hong Kong time and it has jumped 0.2% this week.

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Fri, 22 Nov 2013 08:51:04 GMT

Aussie poised to record largest streak of drops in 7 years

The Australia currency decreased on Friday and was set to extend its largest streak of weekly drops in seven years on speculation that the Reserve Bank of Australia may take steps to curb the overvalued currency. The so-called Aussie slipped 0.6% to 91.78 U.S. cents by 4:58 p.m. Sydney time following a slide to 91.68, the least since September 9.

Fri, 22 Nov 2013 08:23:04 GMT

WTI rises as job data from U.S. show improvement

West Texas Intermediate crude advanced on Friday traded close to the highest level in a three-week period after a government report showed that claims for jobless benefits in the world's largest economy advanced suggesting an economic recovery. WTI for delivery in January slipped 31 cents to $95.13 a barrel as of 2:15 p.m. on the NYMEX.

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