| * 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 |