Emerging FX bounce back, tech stocks suffer on trade woes

By Karin Strohecker LONDON, Sept 7 : A tepid dollar provided emerging currencies with some breathing space following a torrid start to the week, but Asian equities suffered on Friday after trade tensions and tech troubles haunted developing market exporters. Turkey’s lira and South Africa’s rand jumped some 1.5 percent after suffering hefty losses earlier […]

Emerging stocks soar, S.African rand steady as budget eyed

By Claire Milhench LONDON, Feb 21 : Emerging equities soared almost 1 percent on Wednesday while South Africa’s rand held steady as investors awaited Finance Minister Malusi Gigaba’s first budget under new President Cyril Ramaphosa. Risk appetite for emerging market assets was fairly robust, with MSCI’s benchmark emerging stocks index lifted by strong gains in […]