Emerging Markets
Cemex May Sue After Strabag Pulls Out of $434 Million Deal to Buy Assets Cemex SAB, the world’s third-largest
cement maker, said it may take legal action after Strabag SE
withdrew from buying the Mexican company’s Austrian and
Hungarian assets because it failed to gain antitrust approval.
Emerging-Markets Share of World Stocks Hits Record; China Tops $3 Trillion Developing countries’ share of
worldwide equity value climbed to a record as the fastest-
growing economies lured investors amid the first global
recession since World War II.
Saudi Arabia Stocks Fall, Led by Sabic, Al-Rajhi; Qassim Gains on Dividend Saudi Arabian shares dropped as the
trading week began, led by Saudi Basic Industries Corp. and Al-
Rajhi Bank, after stock indexes in the U.S. and Europe recorded
their third weekly decline.
China's Zeng Peiyan Urges More Supervision of Reserve-Currency Countries Former Chinese Vice Premier Zeng
Peiyan highlighted the nation’s concern at the risks posed by a
global financial system dominated by the dollar, urging more
oversight of countries issuing reserve currencies.
Most Brazil Stocks Gain as Economic Recovery Signs Boost Consumer Shares Most Brazilian stocks rose as signs
of an economic recovery prompted investors to buy shares that
benefit from consumer demand, while a drop in commodity prices
sent producers lower.
Emerging Market's Inflows Resume to Cap Record Quarter After March Losses Emerging-market equity funds resumed
net inflows, capping a record $26.5 billion of investment in the
second quarter as China’s “aggressive” measures spurred
confidence in developing economies, EPFR Global said.