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Updated:  New York, Jul 04 08:47
London, Jul 04 13:47
Tokyo, Jul 04 21:47
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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.


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