| * Myanmar imposes curfew amid unrest * Malaysian PM faces big test as tight poll looms * Brazil and China agree currency swap * Moscow renews crackdown on NGOs * Poland opens way to euro referendum * India must do more to open up banking * YPF signs preliminary Dow Argentina deal * Gol: in a tailspin Markets: mostly up Myanmar imposes curfew amid unrest Authorities in Myanmar imposed a dusk-to-dawn curfew in three townships after anti-Muslim religious violence touched new parts of the country, edging closer to the main city of Yangon. http://www.ft.com/cms/s/0/824942f8-9683-11e2-9ab2-00144feabdc0.html Malaysian PM faces big test as tight poll looms Malaysian Prime Minister Najib Razak looks through the window in his spacious office in the administrative capital of Putrajaya, and points to the foreign ministry on a nearby hill. http://www.ft.com/intl/cms/s/0/d475e2d0-968c-11e2-b8dd-00144feabdc0.html Brazil and China agree currency swap Brazil and China sealed a $30bn currency swap agreement on Tuesday that is expected to act as a backstop to growing trade between the two countries. http://on.ft.com/ZrsOkc Moscow renews crackdown on NGOs Dozens of non-profit organisations have been raided by authorities across Russia in a renewed crackdown described by one Moscow human rights worker as a "shock-and-awe campaign" against foreign funding of civil society groups. http://on.ft.com/YzmLNR Poland opens way to euro referendum Donald Tusk, Poland's prime minister, took a big political gamble on Tuesday when he opened the door to a referendum on joining the euro, in the face of strong public opposition to the common currency. http://www.ft.com/intl/cms/s/0/d1ea63fc-9636-11e2-9ab2-00144feabdc0.html India must do more to open up banking Indian banking is all aflutter. Last month the country's central bank finally unveiled the rules under which it plans to hand out new bank licences for the first time in a decade. http://www.ft.com/cms/s/0/56fde3c2-95f4-11e2-9ab2-00144feabdc0.html YPF signs preliminary Dow Argentina deal YPF, the nationalised Argentine oil and gas company, said it had signed a preliminary deal with Dow Argentina, part of the US petrochemicals group, to develop shale gas prospects in the Vaca Muerta formation. http://www.ft.com/intl/cms/s/0/a761b65c-9669-11e2-9ab2-00144feabdc0.html Gol: in a tailspin 2012 was a tough year for Gol, Brazil's second-biggest airline. The company went through a series of job cuts, suffered net losses and was subject to rumours that it was about to be sold. The latter proved unfounded but what has not changed is that Gol's financial results continue to disappoint. http://on.ft.com/16WzbQL Emerging Markets MSCI Emerging Market Index up +0.18% at 1,030 Americas DJIA up +0.77% at 14,560 S&P 500 up +0.78% at 1,564 Bovespa up +1.45% at 55,671 Asia Nikkei 225 down -0.07% at 12,462 Topix up +0.20% at 1,046 Hang Seng up +0.53% at 22,428 Shanghai Composite up +0.25% at 2,303 MSCI Asia ex-Japan up +0.46% at 543.28 S&P CNX Nifty Index up +0.14% at 5,642 Currencies €/$ 1.28 (1.29) $/¥ 94.75 (94.41) Commodities Brent Crude (ICE) down -0.13 at 109.23 Light Crude (Nymex) down -0.27 at 96.07 100 Oz Gold (Comex) up +2.50 at 1,598 |