* Myanmar imposes curfew amid unrest

* Malaysian PM faces big test as tight poll looms

* Brazil and China agree currency swap

* Moscow renews crackdown on NGOs

* Poland opens way to euro referendum

* India must do more to open up banking

* YPF signs preliminary Dow Argentina deal

* Gol: in a tailspin

Markets: mostly up

Myanmar imposes curfew amid unrest
Authorities in Myanmar imposed a dusk-to-dawn curfew in three townships after anti-Muslim religious violence touched new parts of the country, edging closer to the main city of Yangon.
http://www.ft.com/cms/s/0/824942f8-9683-11e2-9ab2-00144feabdc0.html

Malaysian PM faces big test as tight poll looms
Malaysian Prime Minister Najib Razak looks through the window in his spacious office in the administrative capital of Putrajaya, and points to the foreign ministry on a nearby hill.
http://www.ft.com/intl/cms/s/0/d475e2d0-968c-11e2-b8dd-00144feabdc0.html

Brazil and China agree currency swap
Brazil and China sealed a $30bn currency swap agreement on Tuesday that is expected to act as a backstop to growing trade between the two countries.
http://on.ft.com/ZrsOkc

Moscow renews crackdown on NGOs
Dozens of non-profit organisations have been raided by authorities across Russia in a renewed crackdown described by one Moscow human rights worker as a “shock-and-awe campaign” against foreign funding of civil society groups.
http://on.ft.com/YzmLNR

Poland opens way to euro referendum
Donald Tusk, Poland’s prime minister, took a big political gamble on Tuesday when he opened the door to a referendum on joining the euro, in the face of strong public opposition to the common currency.
http://www.ft.com/intl/cms/s/0/d1ea63fc-9636-11e2-9ab2-00144feabdc0.html

India must do more to open up banking
Indian banking is all aflutter. Last month the country’s central bank finally unveiled the rules under which it plans to hand out new bank licences for the first time in a decade.
http://www.ft.com/cms/s/0/56fde3c2-95f4-11e2-9ab2-00144feabdc0.html

YPF signs preliminary Dow Argentina deal
YPF, the nationalised Argentine oil and gas company, said it had signed a preliminary deal with Dow Argentina, part of the US petrochemicals group, to develop shale gas prospects in the Vaca Muerta formation.
http://www.ft.com/intl/cms/s/0/a761b65c-9669-11e2-9ab2-00144feabdc0.html

Gol: in a tailspin
2012 was a tough year for Gol, Brazil’s second-biggest airline. The company went through a series of job cuts, suffered net losses and was subject to rumours that it was about to be sold. The latter proved unfounded but what has not changed is that Gol’s financial results continue to disappoint.
http://on.ft.com/16WzbQL

Emerging Markets
MSCI Emerging Market Index up +0.18% at 1,030

Americas
DJIA up +0.77% at 14,560
S&P 500 up +0.78% at 1,564
Bovespa up +1.45% at 55,671

Asia
Nikkei 225 down -0.07% at 12,462
Topix up +0.20% at 1,046
Hang Seng up +0.53% at 22,428
Shanghai Composite up +0.25% at 2,303
MSCI Asia ex-Japan up +0.46% at 543.28
S&P CNX Nifty Index up +0.14% at 5,642

Currencies
€/$ 1.28 (1.29)
$/¥ 94.75 (94.41)

Commodities
Brent Crude (ICE) down -0.13 at 109.23
Light Crude (Nymex) down -0.27 at 96.07
100 Oz Gold (Comex) up +2.50 at 1,598

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