Samsung Electronics Co. and South Africa Benchmark

MSCI Emerging Markets Index: Samsung Electronics Co. dropped to the lowest since November as South Korea Kospi Index slid 0.7 percent, according to Bloomberg. South Africa benchmark fell for a third day. The Shanghai Composite Index tumbled 3.5 percent amid concern a flood of share sales will drain liquidity, while a gauge of mainland shares in Hong Kong entered a correction. Brazilian lenders led a 1.1 percent gain in the Ibovespa as investors bought shares near the cheapest valuations since 2009. The Fed started a two-day policy meeting Tuesday that may offer clues on the timing of U.S. interest-rate increases. The MSCI Emerging Markets Index slipped 0.5 percent to 965.35. (news.financializer.com). As reported in the news.