Stocks and Emerging Currencies Hit

World stocks were close to lows of six-weeks Wednesday, while vulnerable currencies in emerging markets extended losses as market investors looked to the report from the U.S. Federal Reserve that is expected to...

Rupee in India Hits Record Low

The Indian rupee dropped past the 64 to 1 ratio (US$1) on Tuesday for just the first time. Bond yields also spiked to a high of five years before the country’s central bank started selling dollars. The third...