IMF Calls on Emerging Markets to Bolster Economic Fundamentals

The International Monetary Fund said some developing countries need to take action to “improve fundamentals” as emerging-market stocks extended their worst start to a year since 2008.

Emerging-Market Stocks Slide as G-20 Rebuffs Europe Aid

Emerging-market stocks fell from near a seven-month high as the Group of 20 nations declined to boost international resources to aid the euro area, increasing concern that Europe’s crisis will slow the global economy.