| * Belarus looks to China for investment in infrastructure * GlaxoSmithKline says Chinese laws might have been violated * Asian equity markets cruise higher * Developers spot chance to plug India's affordable housing gap * Carlos Slim gets new competition in Colombia * Bumi shares see turbulent return to trading * Egyptian stocks rally as optimism grows over technocratic government * Oriel and Panmure abandon merger talks Markets: up! Belarus looks to China for investment in infrastructure
"Here is where we are on the plan," said Alexei Semenenkov, poking a finger at a colourful zoning map and peering into the mixed pine and birch forest stretching into the distance. "One day we'll have a city here – roads, factories, apartments, shops and parks."
http://on.ft.com/130xMIb GlaxoSmithKline says Chinese laws might have been violated
China's investigation of how western drug companies operate in the country broadened on Monday as GlaxoSmithKline admitted wrongdoing by staff. Abbas Hussain, GSK's president of international operations, said that senior China-based executives "appear to have acted outside of our processes and controls which breaches Chinese law".
http://on.ft.com/17xkX86 Asian equity markets cruise higher
Asian stock markets were cruising higher after Japan upgraded its economic assessment and as investors bet China would push forward with further market reforms.
http://on.ft.com/160Wvwu Developers spot chance to plug India's affordable housing gap
When he moved to the bustling Indian city of Ahmedabad from his rural village two decades ago, Babubhai Marathe invested Rs100,000 to buy a tiny room in a slum near the textile factory where he works as a mechanical fitter.
http://on.ft.com/13Z2G6o Carlos Slim gets new competition in Colombia
Get ready for some competition in Colombia Carlos Slim. Millicom International, a Luxembourg-based telecoms company, on Monday announced plans to merge is Colombian operations with the fixed-line business of state-run Empresas Públicas de Medellín (EPM) in a move to create "a leading digital lifestyle company" in the country.
http://on.ft.com/1bXnlIG Bumi shares see turbulent return to trading
Shares in mining group Bumi endured a turbulent return to trading on Monday after a three-month suspension caused by the company's failure to publish its 2012 audited full-year results amid allegations of financial impropriety at an Indonesian subsidiary.
http://on.ft.com/19eLn2g Egyptian stocks rally as optimism grows over technocratic government
Egyptian stocks have risen sharply in the past month on the country's change of government, but obstacles ahead may bring the rally to an abrupt halt. The Cairo bourse has reversed a steady decline this year to gain more than 15 per cent since late June, an upturn triggered by optimism about the arrival of a new administration of mostly liberal-minded technocrats.
http://on.ft.com/133mv5h Oriel and Panmure abandon merger talks
Oriel Securities and Panmure Gordon have abandoned merger talks after the brokers decided that combining the companies was not feasible, according to people familiar with the discussions.
http://on.ft.com/1bFifST Emerging Markets
MSCI Emerging Market Index up +1.08% at 964.35 Americas
DJIA up +0.01% at 15,546
S&P 500 up +0.20% at 1,696
Bovespa up +2.48% at 48,574 Asia
Nikkei 225 up +0.61% at 14,748
Topix up +0.37% at 1,221
Hang Seng up +2.05% at 21,855
Shanghai Composite up +2.17% at 2,048
MSCI Asia ex-Japan up +1.55% at 523.91
CNX Nifty up +0.77% at 6,078 Currencies
€/$ 1.32 (1.32)
$/¥ 99.54 (99.64) Commodities
Brent Crude (ICE) up +0.04 at 108.19
Light Crude (Nymex) up +0.11 at 107.05
100 Oz Gold (Comex) down -0.40 at 1,336 | 
