London morning headlines


If this email is not displayed correctly, please click on the following link or open your browser and
paste the link into the address field: http://view.ed4.net/v/H60H77/SUYHIM/R3LVD09/QFZDL0/

Financial Times
beyondbrics



London headlines

* China central bank injects funds, eases fears of repeat cash crunch

* Mixed data leave Asian markets adrift

* Bangladesh garment makers chase growth despite factory disasters

* China starts importing natural gas from Myanmar

* Shanghai Greenland makes $1bn foray into US real estate

* India approves Etihad's purchase of stake in Jet Airways

* Sugar jumps to four-week high on Brazil worries

Markets: mixed

China central bank injects funds, eases fears of repeat cash crunch
China's central bank injected funds into money markets via open market operations on Tuesday for the first time since February, easing fears of another cash crunch ahead of the month end after a severe cash squeeze in June caused market panic.
http://reut.rs/13qKgoM

Mixed data leave Asian markets adrift
Asian markets posted slight gains as investors digested economic data from Japan and South Korea that sent mixed signals about two of the region's key economies. The mood was also cautious following a weak session in the US ahead of a slate of central bank policy decisions.
http://on.ft.com/1aU1JeR

Bangladesh garment makers chase growth despite factory disasters
Three months after the Rana Plaza factory building collapsed, crushing more than 1,100 people to death, garment makers in the nearby industrial zone of Gazipur appear as busy as ever in an industry that employs 4m Bangladeshis and accounts for most of the country's exports.
http://on.ft.com/18N7vS7

China starts importing natural gas from Myanmar
China has started importing natural gas from Myanmar, a milestone as the world's largest energy consumer expands its strategic access to energy resources across the Indian Ocean.
http://on.ft.com/18MGxdm

Shanghai Greenland makes $1bn foray into US real estate
Make way for another Chinese developer looking to try its luck in the US. Shanghai Greenland Group, the state-owned company behind what will become China's third-tallest building, is making its first foray into US real estate with a deal to invest $1bn in a downtown Los Angeles project.
http://on.ft.com/1c9KwPT

India approves Etihad's purchase of stake in Jet Airways
Etihad Airways has been given the go-ahead for a $380m deal to buy a 24 per cent stake in Jet Airways, in a move that is likely to test India's openness to foreign direct investment.
http://on.ft.com/13tIi6e

Sugar jumps to four-week high on Brazil worries
Sugar jumped almost 3 per cent to a four-week high as uncertainty about the impact on output from bad weather in Brazil triggered covering of investors' bearish bets.
http://on.ft.com/160VKBK

Emerging Markets
MSCI Emerging Market Index up +0.29% at 956.59

Americas
DJIA down -0.24% at 15,522
S&P 500 down -0.37% at 1,685
Bovespa down -0.42% at 49,212

Asia
Nikkei 225 up +1.64% at 13,886
Topix up +1.92% at 1,150
Hang Seng up +0.67% at 21,996
Shanghai Composite up +1.05% at 1,997
MSCI Asia ex-Japan up +0.55% at 522.21
CNX Nifty up +0.07% at 5,836

Currencies
€/$ 1.33 (1.33)
$/¥ 98.37 (97.94)

Commodities
Brent Crude (ICE) down -0.12 at 107.33
Light Crude (Nymex) down -0.19 at 104.36
100 Oz Gold (Comex) down -0.90 at 1,328

Advertisement

Tools
Your account Portfolio
Email Briefings Price alerts
Keyword alerts RSS feeds
© THE FINANCIAL TIMES LTD 2009
ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page on FT.com
Change Briefings UnsubscribeChange Email AddressForward this email to a friendPrivacy Policy About UsHelp
The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.