Stocks regain losses

Emerging market stocks regained their losses on Tuesday as investors put the US interest rate increase fears behind them.

Despite the stock gains, currencies such as the South African rand and the Turkish lira struggled to gain on the US dollar.

The MSCI Emerging Markets Stock Index lost 0.6 per cent on Monday following Federal Reserve Chair Janet Yellen's speech on Friday, but gained the losses back on Tuesday.

The Hong Kong stock market was up 0.8 per cent, India more than 1 per cent, Russia 0.7 per cent, and Poland up 0.9 per cent.

Read more at Reuters.