Emerging market shares gained on Monday as China signalled it was prepared to act further to prop up a slowing economy, while hopes of a Sino-U.S. trade pact kept trading in most developing world currencies in a narrow range. An index of emerging market stocks gained 0.5%, led by shares in mainland China as the country’s central bank unexpectedly trimmed a closely watched lending rate for the first time in more than four years. …read more
Source:: Yahoo Finance
