China's shares rise amid railway companies

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Source: Bloomberg
© Scanpix/AP
Chinese stocks increased on Monday pushing the local benchmark index to the highest level in a month mainly due to an increase of railway companies climbing by 10% offsetting data showing faster inflation and lower exports. The Shanghai Composite Index gained 0.6% to 2,240.41 at 1:19 p.m. and it closed at the strongest level since September 12.

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Mon, 14 Oct 2013 10:01:08 GMT

Emerging-market stocks fall amid U.S. deadlock

Emerging-market equities dropped on Monday falling from the highest level in four months mainly due to a decline of technology shares as deadlock over the U.S. debt limit continues after Barack Obama and House Republicans failed to find an agreement this weekend. The MSCI Emerging Markets Index dropped 0.1% to 1,022 as of 2:08 p.m. Hong Kong time. 

Mon, 14 Oct 2013 09:28:08 GMT

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