Emerging-market equities gain for second day on Tuesday

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Source: Bloomberg
Emerging-market shares advanced for the second straight day on Tuesday as a respond to an advice of brokerages to buy stocks in Thailand and South Korea amid concerns that Chinese economic performance might be curbed by the government efforts to cool prices of properties. The MSCI Emerging Markets Index gained 0.4% to 1,025.98 at 4:27 Hong Kong time.

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Tue, 26 Mar 2013 13:42:09 GMT

Dow erases gains on concerns about European banks

Most U.S. blue chips fell on Monday amid concerns that the banking crisis in Cyprus will induce losses on deposits held in other banks of Europe. Shares dropped after Jeroen Dijsselbloem told press that when struggling banks need rescuing, the Eurozone policy makers will turn to the shareholders, bondholders and uninsured depositors of banks to fund their recapitalization. The Dow

Tue, 26 Mar 2013 13:20:13 GMT

European shares gain on Tuesday before U.S. report

Majority of European stocks increased on Tuesday before the U.S. data reported that durable-goods orders may advance and sales of new houses stayed at the highest level in four years in February. The Stoxx 600 Europe Index rose by 0.1% to 293.59 earlier on Tuesday London session as three out of five shares climbed, following a 0.3% decrease recorded yesterday.

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