“Emerging-market stocks rose, with a benchmark index headed for the biggest weekly gain in almost two months, as earnings at industrial and technology companies beat analysts’ estimates.
Samsung Heavy Industries Co., the world’s second-largest shipbuilder, rallied the most in eight months and Wipro Ltd. (WPRO), India’s third-largest software-services exporter, rose for a fifth day after their profits topped forecasts. OAO Gazprom, the world’s biggest natural gas producer, snapped a five-day decline after quarterly earnings exceeded estimates.”
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