Emerging-market stocks headed for the biggest weekly advance in six weeks after the Federal Reserve signaled that the pace of tightening will be slow. Malaysia’s ringgit jumped the most in six weeks. The MSCI Emerging Markets Index rallied 2.1 percent this week, with the gauge approaching its 100-day moving average and climbing 0.1 percent on Friday. Philippine equities increased the most among developing shares after being closed for two days for holidays, while Fubon Financial Holding Co. led a...
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