Emerging-market stocks climb on raised global growth outlook

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Source: Bloomberg
Emerging-market shares jumped on Wednesday session mainly due to an increase of export companies amid upbeat data revealed by the World Bank showing its outlook for global economic growth. The MSCI Emerging Markets Index advanced 0.1% to 976.22 by 1:28 p.m. Hong Kong time, however the gauge has fallen 2.7% this year.

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Wed, 15 Jan 2014 10:14:08 GMT

Gold falls before rallying for 2 days as demand shrinks

Gold declined on Wednesday trading session falling for the second straight day from the strongest level in four weeks as the precious rally reduces demand and as the U.S. Federal Reserve may continue scale back its stimulus measures as the economy improves. Bullion for delivery in January slid 0.5% to $1,239 an ounce and was last seen at $1,242.03 as

Wed, 15 Jan 2014 09:52:07 GMT

WTI swings between gains and losses on low stockpiles

West Texas Intermediate crude fluctuated on Wednesday trading session amid speculation that inventories in the U.S., the world's largest consumer of oil, dropped and on signs the U.S. economy may sustain its economic growth. WTI for delivery next month slipped 5 cents to $92.54 per barrel on the NYMEX as of 2:42 p.a. in Singapore.

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