South Korean and Thai shares drop as Fed may scale back

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Source: Bloomberg
South Korean and Thai stocks led falls in Asian gauge measuring performance of local equities amid speculation that the Federal Reserve may start tapering off its stimulus program sooner than expected as the economy is improving. Thailand's SET Index decreased 2.2% falling to a five week low, while the South Korean Kospi Index tumbled 0.5% to the weakest level in two weeks.

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Mon, 04 Nov 2013 09:07:08 GMT

Emerging-market shares fall on anti-government protest in Thailand

Emerging-market equities declined on Monday pushing the benchmark index towards the weakest level in three weeks as protests against the local government in Thailand dragged down the stock prices and South Korean largest financial company dropped for a fourth day. The MSCI Emerging Markets Index slipped 0.2% to 1,026.01 at 2:07 p.m. Hong Kong time.

Mon, 04 Nov 2013 08:41:03 GMT

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