Asia's stocks fall as Fed may trim its monetary easing

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Source: Bloomberg
Asian equities dropped on Friday session with the local benchmark index heading towards its second weekly fall amid raising speculation that the Federal Reserve may tighten its monetary policy on the next week's meeting as the economy improves. The MSCI Asia-Pacific Index outside Japan slipped 0.3% to 137.68 by 4:27 p.m. Hong Kong time.

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Fri, 13 Dec 2013 15:25:05 GMT

Emerging-market equities drop as Indian stocks tumble

Emerging-market shares fell on Friday and were set to record their second successive weekly drop as Indian equities tumbled on unfavourable economic data despite gains in China's stocks. The MSCI Emerging Markets Index swung between gains and losses by 8:50 a.m. London time, when about the equal number of stocks rise and slide, and it has fallen 1.1% this week.

Fri, 13 Dec 2013 14:54:05 GMT

India's stocks drop as inflation advances

Indian shares declined on Friday with the local benchmark index heading for the largest weekly fall in one month after a government report showed that inflation in the country advanced more than forecast raising concerns over interest rate increase. The S&P BSE Sensex dropped 0.9% to 20,734.08 as of 2:17 p.m. Mumbai time and it has fallen 1.2% this week.

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