| * 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 |