Canadian shares retreat as some major company shares fall

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Source: Bloomberg
Canadian shares dropped to the lowest level in two months, impacted by gold mining companies on speculation that the Fed will scale back its monetary stimulus programme. The Standard & Poor's/ TSX Composite Index slid 0.1% to 13,114.39 as of 4 p.m. Toronto time, the lowest level in almost two months. The gauge has rallied 5.5% this year, making it the fourth worst performing index among developed markets.
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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.

Fri, 13 Dec 2013 14:23:08 GMT

Australian Dollar's longest decline in 28 years after RBA remarks

The Aussie is set for its longest streak of weekly declines in 28 years, as the head of Reserve Bank of Australia choose his words carefully to talk down nation's currency. The Australian Dollar was at 89.26 U.S. cents as of 5:02 p.m. Syndey time, while it rose 0.2% to NZ$1.0857 after yesterday's retreat to NZ$1.0817. The Aussie has declined

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