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Financial Times
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London headlines

* Chinese inflation rebounds to four-month high in June

* BAT returns to Myanmar a decade after exit

* Asian shares gain but China worries linger, dollar firm

* Kazakh state oil company targets Europe's petrol market

* Greece secures €4.8bn bailout tranche

* Storm clouds threaten Iraq's striking oil revival

* Mexico: foreign investors staying put?

* Maritime agency's LNG blockade confirmed as illegal in Nigeria

Markets: mixed

Chinese inflation rebounds to four-month high in June
Chinese inflation has rebounded to a four-month high, driven partly by a credit surge earlier this year that the government is now trying to contain.
http://on.ft.com/1aUlENh

BAT returns to Myanmar a decade after exit
British American Tobacco is returning to Myanmar a decade after campaigners forced the world's second-largest tobacco company by market share to leave the Asian countrydue to BAT's links with the military regime.
http://on.ft.com/16jLYsU

Asian shares gain but China worries linger, dollar firm
Asian shares rose on Tuesday, tracking a rally on Wall Street spurred by strong U.S. job data last week, though gains were capped by investors' nervousness over Beijing's drive to reform credit and the implications of tighter U.S. monetary policy.
http://reut.rs/12zxsfB

Kazakh state oil company targets Europe's petrol market
Kazakhstan's state oil company is planning a big push into Europe, as the fast-growing national champion expands downstream and pursues a greater share of the region's retail petrol market.
http://on.ft.com/12TyAxH

Greece secures €4.8bn bailout tranche
The Greek government secured a crucial €4.8bn aid payment from international bailout lenders on Monday night after an agreement on further cuts to the public payroll in Greece removed one of the biggest challenges to the country's €172bn bailout.
http://on.ft.com/1aROC0d

Storm clouds threaten Iraq's striking oil revival
When it comes to the world's rising oil powers, none has risen quite as quickly – and with such profound implications for global crude markets – as Iraq.
http://on.ft.com/183005z

Mexico: foreign investors staying put?
Even before Ben Bernanke hinted back in May that the US Federal Reserve could soon start scaling back its massive bond-buying programme, Mexican bonds were feeling the pinch. From 3.9 per cent in late April, yields on the country's most-traded dollar-denominated bond, the so-called M24, rose by as much as 160bp before settling at 5.18 per cent – or 128.7bp higher – at the end of last week.
http://on.ft.com/1aS0Moj

Maritime agency's LNG blockade confirmed as illegal in Nigeria
Nigeria's maritime security agency is extending its 17-day blockade of the country's multibillion-dollar liquefied natural gas industry despite a federal court reiterating on Monday that the move was illegal.
http://on.ft.com/12nyKJo

Emerging Markets
MSCI Emerging Market Index up +0.56% at 911.04

Americas
DJIA up +0.59% at 15,225
S&P 500 up +0.53% at 1,640
Bovespa down -0.30% at 45,076

Asia
Nikkei 225 up +1.33% at 14,298
Topix up +1.63% at 1,192
Hang Seng down -1.31% at 20,582
Shanghai Composite up +0.26% at 1,963
MSCI Asia ex-Japan up +0.82% at 497.32
CNX Nifty up +0.89% at 5,863

Currencies
€/$ 1.29 (1.29)
$/¥ 101.02 (100.95)

Commodities
Brent Crude (ICE) down -0.27 at 107.16
Light Crude (Nymex) down -0.04 at 103.10
100 Oz Gold (Comex) up +14.60 at 1,250

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