Most emerging-market stocks dropped as a slump in commodity producers offset a rally in Chinese shares after Premier Li Keqiang pledged to take action if economic growth slows too much. Turkey’s lira climbed from a record low. Thailand’s PTT Exploration & Production Pcl and South Korea’s LG Chem Ltd. sank at least 2.8 percent as energy and raw-material shares slid. Dubai equities led Persian Gulf markets lower as oil decreased for a fifth day. Malaysia’s ringgit lost 0.4 percent versus the dollar, while the lira and South Africa’s rand strengthened more than 0.5 percent. The Shanghai Composite Index surged to a five-year high. The MSCI Emerging Markets Index added 0.1 percent to 940.45 at 8:31 a.m. in London, with 373 shares falling and 275 rising. Li said Sunday the government will take more steps if China’s growth, targeted at about 7 percent this year, drifts toward the lower […]