Emerging-market stocks record worst fall in Q1 since 2008

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Source: Bloomberg
Emerging-market shares gained to its highest level in two weeks on Friday, however it recorded the worst first quarter of a year since 2008 as equities in technological sector advanced and amid speculations that South Korea will take steps to aid the country's property market. The MSCI Emerging Markets Index grew 0.2% to 1,034.15 and it dropped 2% in the Q1.

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Fri, 29 Mar 2013 11:38:07 GMT

China's stocks rise modestly on Friday paring its worst Q1 loss

Chinese shares advanced on Friday, though it pared the benchmark index's worst start to the year since 2010 as losses of health-care companies overshadowed gains by utilities. The Shanghai Composite Index recorded a modest gain rising less than 0.1% to 2,236.62 and it has dropped by 1.4% this year, while the CSI 300 Index tumbled 0.2% to 2,495.08.

Fri, 29 Mar 2013 11:16:10 GMT

France's consumer spending falls 0.2% in February

Consumer spending in France dropped at the slower pace in the month of February from the prior month mainly due to a decline in textile-leather purchases, the latest data released by the Insee unveiled on Friday. Households' goods purchases fell by 0.2% on a monthly basis in February following a 0.8% slid in January, while economists projected a 0.4% growth.

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