1 result for tag: oil

Emerging Stocks Drop as Oil Sinks Energy Shares; Ringgit Weakens

From Bloomberg News Emerging-market stocks headed for their first decline in five days as energy producers dropped with oil and concern grew over the outlook for the global economy. The Malaysian ringgit paced losses for developing-nation currencies. The MSCI Emerging Markets Index decreased the most in a week, with nearly two shares falling for each ... More