Hints and tips:
...Largely unheard of outside Damascus before the US sanctioned him in 2020, his name is now the only one that matters, according to 12 businessmen, analysts and people with insight into the Assads’ inner circle...
...The dollar index, a measure of the US currency against a basket of peers, was 0.1 per cent lower at 95.761, while gold was flat at $1,326.88 an ounce....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...(FT) In the news Strike against Belmokhtar The US carried out an air strike in Libya against Mokhtar Belmokhtar, who masterminded the 2013 seizure of an Algerian gas plant that left 38 foreign hostages...
...The broad narrative of a coming capital account liberalisation in China has always bugged us....
...Good morning New York, FT ALPHAVILLE Naming and shaming in Japan: David notes another angry reflection of how important rising wages are to Abenomics’ success and how irritated Abe et al are at those big...
...regulators not part of the current pact, people familiar with the matter said.”...
...the matter....
...Hang Seng up +128.47 (+0.54%) at 23,810 US markets S&P 500 up +0.27 (+0.01%) at 1,803 DJIA up +0.26 (0.00%) at 16,073 Nasdaq up +23.18 (+0.58%) at 4,018 European markets Eurofirst 300 down -8.21 (-0.63%...
...(Reuters) - The escalating role of central banks in EM currency. (Wall Street Journal) - Goldman et al should be forced to incur losses on mistaken trades, says Myron Scholes....
...(Financial Times) OVERNIGHT MARKETS: UP Asian markets Nikkei 225 up +178.96 (+1.16%) at 15,560 Topix up +8.25 (+0.65%) at 1,279 Hang Seng unchanged 0.00 (0.00%) at 23,366 US markets S&P 500 up +2.87 (...
...knowledge of the matter....
...The PBoC and financial institutions sold a net Rmb41.2bn ($6.71bn) worth of foreign currency in June compared with net purchases of Rmb66.86 in May, according to WSJ calculations based on PBoC data....
...(Bloomberg) - How Goldman (et al)’s aluminium warehousing cost American consumers $5bn in three years. (New York Times) - The commodities supercycle is still ending....
...(FT Brussels Blog) - Merkel ‘will be feted like a star for defending German interests in the eurozone crisis’ at party congress. (Reuters) - Philip Stephens: A taxing problem for Google et al....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...in Bank of Ayudhya, Thailand’s fifth-largest lender, said two people with knowledge of the matter, Bloomberg reports. http://www.bloomberg.com/news/2012-09-12/ge-said-to-weigh-possible-sale-of-bank-of-ayudhya-stake.html...
...-0.42% at 13,036 S&P 500 down -0.12% at 1,405 Bovespa down -1.83% at 56,234 Asia Nikkei 225 down -0.65% at 8,719 Topix down -0.85% at 720.50 Hang Seng down -1.13% at 19,211 Shanghai Composite down -0.12%...
...BHP has appointed advisers to explore a sale of its aluminium assets in Brazil, according to people familiar with the matter....
....html US names al Qaeda in Libya attack US intelligence officials are investigating indications that al Qaeda’s North African affiliate is connected with militants involved in the attack on a US consulate...
...The MSCI Asia Pacific Index was 0.8% lower in late morning in Tokyo, while the Nikkei was down 1.7%. Some of the biggest declines were in stocks of Japanese companies with sizeable exports to China....
...Probe points to former HSBC Syria link HSBC opted to continue with a business relationship with one of the key financiers to the regime of Syrian president Bashar al-Assad even after its own compliance...
...judge for conspiring to sell millions of dollars worth of weapons to US agents posing as members of Farc, the Colombian guerrilla group, the FT reports. http://www.ft.com/intl/cms/s/0/b84c1262-7f6a-11e1...
..., said two people with knowledge of the matter, Bloomberg reports. http://www.bloomberg.com/news/2012-04-20/haitong-securities-said-set-to-raise-1-7-billion-in-share-sale.html Bahrain firebomb rattles India...
...Gulf nations for walking out of a peace mission in protest at the behaviour of president Bashar al-Assad’s regime, the FT reports....
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