Capital Musings

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Tag: Dow

Emerging markets news flow for 2 December 2011

Here is a rundown of selected developments that have come across our emerging markets desks in the past day.

 

Asia

Bank of China sees turning point in property prices.

Shanda earnings RMB9.7mn this quarter vs. RMB96.7mn quarter ending September 2010.

More on the relevance of the “BRIC” term.  See our coverage here.

Ranbaxy approved to sell Lipitor generic.

HSBC PMIs mostly down.

Samsung surges on smartphones.

Latest statistics from Indonesia.

Latest statistics from the Bank of Thailand.

Petronas fiscal 2Q ended September 30 net profit up 53%.

Churchill asks Indonesian government to intervene over East Kutai.

 

Latin America

Venezuela to pay $600mn for seizure of Cemex unit.

Brazil orders Chevron to shut well.

Donald Ramotar wins presidency in Guyana.

IMF’s Lagarde visits Mexico City as Mexico assumes chair of G20 for the upcoming year.

 

Middle East

Shell to end operations in Syria amid sanctions.

More on Dow-Aramco Sadara JV.

 

Africa

Kenya raises key lending rate fourth time to fight inflation.

Emerging markets brief

What we’re reading

IPO Beat: Chow Tai Fook Jewellery Group for $2.8bn and Guodian Technology & Environment Group for $1.0bn on the Hong Kong exchange.  PCCW raising $1.2bn.

China FDI.  More reports on China investing in Africa.  But watch out for the Sinophobia.

Chinese banks provide 11% of financing in Duke+Progress merger.

Keeping it in the family: Cyrus Mistry appointed next Chairman of Tata.

Samsung business results dim.

Foxconn deal reached in Brazil.

Mine’s mine!  Anglo-Codelco may be reaching deal.

Dow and Aramco: JV for new chemicals plant.

Anandarko raises estimates of natural gas reserves off the coast of Mozambique.

 

Latest Captal Musings

African telephonyIHS Nigeria raising $200mn to double business in Western Africa.

BAA Heathrow becomes CIC Heathrow?  Chinese SWF looks to invest in the UK.

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