| * Chinese manufacturing data mixed in July * Improved results at Bharti Airtel point to India mobile rebound * BMW's China joint venture hits speed bump * DBS bid for Indonesia's Danamon collapses * Dovish Fed reassures Asian markets * Latin American countries rail against IMF over Greek bailout * Lacklustre GDP data push Ukraine towards fresh IMF bailout * Satellite dishes: LatAm's latest boom market? * India plans liberalisation measures to boost capital inflows Markets: mostly up Chinese manufacturing data mixed in July
An official measure of manufacturing activity in China showed a slight expansion in July, defying expectations that growth had turned negative last month. However, a separate, independent survey published at the same time by HSBC showed a "marked deterioration of business conditions faced by Chinese manufacturers."
http://on.ft.com/17V0R7I Improved results at Bharti Airtel point to India mobile rebound
Shares in Bharti Airtel, India's largest mobile operator by sales, rose more than 6 per cent on first-quarter results that were above expectations, raising hopes of a turnround in a telecoms sector long beset by weak performance and regulatory troubles.
http://on.ft.com/17V0U3p BMW's China joint venture hits speed bump
China's environment ministry has criticised an application by BMW to double capacity at a joint venture factory in the country, citing insufficient investment in environmental protection measures at the facility.
http://on.ft.com/165LVCD DBS bid for Indonesia's Danamon collapses
The largest attempted bank takeover in Asia for at least two years collapsed on Wednesday after DBS, Singapore's largest bank by assets, said it would walk away from a planned S$9.1bn (US$7.1bn) purchase of a controlling stake in Indonesia's Bank Danamon after hitting regulatory barriers in Jakarta.
http://on.ft.com/18MRA2H Dovish Fed reassures Asian markets
Official data showing an unexpected uptick in Chinese manufacturing and reassuring comments from the US Federal Reserve boosted Asian markets. China's purchasing managers' index for July rose to 50.3 from June's 50.1, showing modest improvement in manufacturing against expectations of a decline. A reading above 50 indicates expansion while a figure below 50 signals contraction in the industry.
http://on.ft.com/15wYwjd Latin American countries rail against IMF over Greek bailout
Brazil's representative to the International Monetary Fund's executive board abstained from approving the fund's new €1.8bn contribution to Greece this week and issued a stinging criticism, arguing that Athens might be unable to repay its rescue loans.
http://on.ft.com/15vdh67 Lacklustre GDP data push Ukraine towards fresh IMF bailout
Ukraine's economy contracted 1.1 per cent in the second quarter, year on year, according to government figures that add impetus to the government's bid to seek further assistance from the International Monetary Fund.
http://on.ft.com/17V14YP Satellite dishes: LatAm's latest boom market?
Latin America is a vibrant growth market for many things. Eyes in the sky are apparently the latest. Eutelsat, the European satellite operator, has capped a busy Latin American week by announcing the purchase of Satélites Mexicanos, which operates three satellites that cover 90 per cent of the population of Latin America.
http://on.ft.com/1cpyXEv India plans liberalisation measures to boost capital inflows
India's Congress-led government is considering a sovereign bond issue and liberalising overseas borrowing rules for companies and foreign direct investment rules, to ensure sufficient foreign capital inflows to finance its current account deficit.
http://on.ft.com/17V1ka9 Emerging Markets
MSCI Emerging Market Index up +0.37% at 951.01 Americas
DJIA down -0.14% at 15,500
S&P 500 down -0.01% at 1,686
Bovespa down -0.67% at 48,234 Asia
Nikkei 225 up +1.48% at 13,870
Topix up +2.05% at 1,155
Hang Seng up +0.58% at 22,010
Shanghai Composite up +0.86% at 2,011
MSCI Asia ex-Japan up +0.45% at 519.32
CNX Nifty up +1.04% at 5,802 Currencies
€/$ 1.33 (1.33)
$/¥ 98.30 (97.86) Commodities
Brent Crude (ICE) up +0.19 at 107.89
Light Crude (Nymex) up +0.40 at 105.43
100 Oz Gold (Comex) up +7.30 at 1,320 | 
