Energy companies lead emerging stocks lower

Emerging-market stocks dropped for the first time in three days, led by energy companies, as Petroleo Brasileiro SA and China Petroleum & Chemical Corporation tumbled. Indonesia’s rupiah slid to the lowest level since 2009. Bloomberg News reported that the MSCI Emerging Markets Index fell 0.5 per cent to 1,005.27 in New York. Petrobras drove Brazil’s... 
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Added November 26, 2013
from The Punch News