New York 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/OZMCDD/P3N7AW/L9FG77J/QFZDL0/

Financial Times
beyondbrics



New York headlines

* China to ease 'one-child' policy

* Asia stocks rally on Yellen's Fed defence

* Taiwan loses African ally as Gambia cuts ties

* Sino-US stand-off threatens trade talks

* Cameron says Commonwealth 'imperfect'

* Egypt and Russia hail military ties

* Chile poised to return Michelle Bachelet to power

* Suntech restructuring thrown into doubt

* Mexico manufacturers warn recovery threatened by taxes

* Martinez snaps up Argentina Telecom. Why?

Markets: up!

China to ease 'one-child' policy
Detailed policies still to be fleshed out later but the blueprint appears to be the most ambitious reform plan to come from in at least a decade
http://on.ft.com/1bJUbuT

Asia stocks rally on Yellen's Fed defence
Equities respond to prospect of continued US liquidity support as Federal Reserve chair nominee Janet Yellen delivers dovish comments at her confirmation hearing
http://on.ft.com/HPH4yX

Taiwan loses African ally as Gambia cuts ties
China claims sovereignty over Taiwan and does not maintain diplomatic relations with nations that recognise Taipei leading to fears that the Gambia decision could spark fresh 'cheque book diplomacy' with Beijing
http://on.ft.com/1bJU9TT

Sino-US stand-off threatens trade talks
Negotiators meeting behind closed doors in Geneva are attempting to reach agreement in three key areas in advance of the Bali summit
http://on.ft.com/HPH5TC

Cameron says Commonwealth 'imperfect'
Premier lands in Colombo facing two rows, one with Sri Lanka government over human rights record and one with Labour party for attending gathering
http://on.ft.com/HPH4yZ

Egypt and Russia hail military ties
No deals were announced, but the visit to Cairo by Moscow's defence and foreign ministers has been staged to signal a rekindling of relations
http://on.ft.com/HPH4z1

Chile poised to return Michelle Bachelet to power
Presidential elections in Chile on Sunday are widely expected to herald a shift to the left with former president Michelle Bachelet returning to power after the rightwing government of Sebastián Piñera struggled to satisfy growing demands for greater equality.
http://on.ft.com/174Dieu

Suntech restructuring thrown into doubt
The Cayman Island liquidators of Suntech Power Holdings have thrown a wrench into the troubled Chinese solar-panel maker's restructuring by blocking the sale of its main manufacturing assets.
http://on.ft.com/1e7uKWk

Mexico manufacturers warn recovery threatened by taxes
Mexico's manufacturing assembly plants, which have been clawing back a competitive edge over China, are fighting a potential tax double whammy that they say risks reversing 10 years of progress.
http://on.ft.com/1j7OxFb

Martinez snaps up Argentina Telecom. Why?
He's Mexican and rich. He owns important stakes in telecoms and media operations. But his name is not Carlos Slim. David Martínez is a studiously low-profile financier who is now spending $960m to add control of Telecom Argentina to his stable of investments, which includes a 40 per cent stake in Cablevision, the cable TV unit owned by Argentine media empire Clarín. Why?
http://on.ft.com/1eRnMrf

Emerging Markets
MSCI Emerging Market Index up +1.23% at 1,004

Europe
FTSE up +0.45% at 6,696
RTS up +0.46% at 1,441
Warsaw Wig up +1.33% at 53,835
FTSE 300 Eurotop up +0.26% at 1,298

Americas
DJIA up +0.35% at 15,876
S&P 500 up +0.48% at 1,791
Bovespa up +2.34% at 53,452

Asia
Nikkei 225 up +1.95% at 15,166
Topix up +1.68% at 1,239
Hang Seng up +1.69% at 23,032
Shanghai Composite up +1.68% at 2,136
MSCI Asia ex-Japan up +1.29% at 464.90
CNX Nifty up +1.11% at 6,056

Currencies
€/$ 1.34 (1.35)
$/¥ 100.40 (99.98)

Commodities
Brent Crude (ICE) down -0.22 at 108.06
Light Crude (Nymex) up +0.06 at 93.82
100 Oz Gold (Comex) up +2.00 at 1,288

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.