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* China’s vehicle sales grow 4.3%

* Polish post office set for a revival

* US in trade dispute with Indonesia

* Egypt changes central bank chief amid fight to bolster pound

* Pakistan summons Indian envoy over Kashmir tensions

* Doha aid fails to stem Egypt currency woes

* Saudi oil cut propels Brent higher

* Tycoon Slim’s retail arm to raise $720 million with share offer

* Infosys Q3 profit beats estimates, shares surge 13 percent

Markets: mixed

China’s vehicle sales grow 4.3%
Vehicle sales in China, the world’s largest auto market, rose 4.3 per cent in 2012 to 19.3m, a modest increase over the previous year’s pace, according to the China Association of Automobile Manufacturers.
http://on.ft.com/ZB4J8o

Polish post office set for a revival
Most chief executives are keen to talk up the prowess of their businesses – but Jerzy Jozkowiak, head of the Poczta Polska, the Polish national postal operator, is unsparing in his criticism of the company he has led since March 2011.
http://on.ft.com/WIgckb

US in trade dispute with Indonesia
The US launched a trade dispute against Indonesia over import restrictions on a wide range of agricultural products – including fruits, vegetables, plants and meats – arguing that the measures by the southeast Asian nation were damaging US exporters.
http://on.ft.com/U9a1Yt

Egypt changes central bank chief amid fight to bolster pound
Egypt appointed Hisham Ramez to take over as governor of a central bank that’s fighting to preserve public confidence in the pound after it slid to a record low.
http://bloom.bg/UZlE5d

Pakistan summons Indian envoy over Kashmir tensions
Pakistan has summoned India’s High Commissioner over violence in the disputed region of Kashmir, a Pakistani foreign ministry official said on Friday.
http://reut.rs/VqVNnU

Doha aid fails to stem Egypt currency woes
An extra $2.5bn in Qatari financial assistance to Egypt has failed to stem the decline of the country’s currency or alleviate the pressure on the government of President Mohamed Morsi.
http://on.ft.com/TNlfTC

Saudi oil cut propels Brent higher
Brent crude hit a 12-week high on Thursday, rising above $113 a barrel as Saudi Arabia cut its oil production to the lowest since May 2011, when it increased output amid escalating violence in Libya.
http://on.ft.com/UQZDs8

Tycoon Slim’s retail arm to raise $720 million with share offer
Tycoon Carlos Slim’s retail unit said it plans to relist on the Mexican stock exchange, offering a 15.2 percent stake to raise some $720 million to fund expansion plans, including possible acquisitions.
http://www.reuters.com/article/2013/01/11/us-mexico-sanborns-idUSBRE90A03I20130111

Infosys Q3 profit beats estimates, shares surge 13 percent
Infosys Ltd, India’s No.2 software services provider, posted a stronger-than-expected quarterly profit and raised its annual revenue forecast after its client base expanded and the firm signed more deals, sending its shares 13 percent higher.
http://in.reuters.com/article/2013/01/11/infosys-results-idINDEE90A02020130111

Emerging Markets
MSCI Emerging Market Index down -0.19% at 1,075

Europe
FTSE down +0.13% at 6,110
RTS down -0.04% at 1,571
Warsaw Wig down -0.14% at 47,480
FTSE 300 Eurotop down -0.16% at 1,163

Americas
DJIA up +0.60% at 13,471
S&P 500 up +0.76% at 1,472
Bovespa up +0.16% at 61,678

Asia
Nikkei 225 up +1.40% at 10,802
Topix up +1.09% at 898.69
Hang Seng down -0.39% at 23,264
Shanghai Composite down -1.78% at 2,243
MSCI Asia ex-Japan down -0.30% at 477.64
S&P CNX Nifty Index down -0.29% at 5,951

Currencies
€/$ 1.33 (1.33)
$/¥ 88.88 (88.78)

Commodities
Brent Crude (ICE) down -1.17 at 110.72
Light Crude (Nymex) down -0.68 at 93.14
100 Oz Gold (Comex) unchanged 0.00 at 1,677

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