Emerging-market stocks fall as South Korean automakers drop

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Source: Bloomberg
Emerging-market equities declined on Tuesday falling for the second successive day together with dropping currencies as South Korean carmakers sank and as the Federal Reserve monetary stimulus may be curbed by favourable economic data. The MSCI Emerging Market Index tumbled 0.5% to 1,008.04 by 4:08 p.m. Hong Kong time.

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Tue, 03 Dec 2013 14:44:56 GMT

European shares decline for third straight day

European shares fell for a third consecutive day as investors speculated on U.S. jobs data release this week that might clear the outlook on Fed's monetary policy tapering. The Stoxx Europe 600 Index retreated 0.9% to 321.15 as of 11:30 a.m. London time, making it the longest streak of declines since October 9, after it slipped 0.3% on Monday.

Tue, 03 Dec 2013 12:04:03 GMT

China's service and construction sector activity eases in November

Non-manufacturing sector activity in the world's second-largest economy slowed down in November mainly due to decline in new order inflow, China Logistic and Purchasing Federation and the National Bureau of Statistics showed in a report on Tuesday. The non-manufacturing PMI measuring activity in services and construction dropped from a level of 56.3 in October to 56 in November.

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