Emerging-Market Stocks, Bonds Advance on Economy, Oil Rally
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Emerging-market stocks gained the most in seven days and developing-nation bonds rose as commodities rallied on speculation that government spending is reviving Asian economies.
Russia’s Micex Index climbed 1.8 percent and the Dubai Financial Market General Index rose 3.6 percent as oil reached a seven-month high. India’s Bombay Stock Exchange Sensitive Index jumped 2.3 percent after Prime Minister Manmohan Singh said the government has scope to spend more. Brazil’s Bovespa index added