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Latin America: Investor News Letter 17 November 2012

Mexico

Slim Acquires Controlling Stake in Real Oviedo, El Pais Reports

Billionaire Carlos Slim agreed to invest 2 million euros ($2.5 million) to acquire a controlling stake in Spain’s soccer team Real Oviedo, newspaper El Pais reported today.

Mexico lawmaker introduces bill to legalize marijuana
Sherwin-Williams to buy Mexico’s Comex for $2.34 billion
Mexico Third-Quarter GDP Rose at Slowest Pace in Over Year
Cemex Latam Falls in Bogota After $1.14 Billion Initial Sale
Mexican banks invest domestically
Mexico: Investors’ New China
TransCanada to build, operate Mexican natural gas pipeline; will invest US$1B

 

Brazil

Top names drop off list of Thyssen Americas bidders

FRANKFURT – Several top steelmakers are sitting out ThyssenKrupp’s auction of its U.S. and Brazilian mills and there appears little interest in the latter, suggesting the German firm may fall well short of its $9 billion asking price.

Eletrobras to take over bankrupt Brazil power utility
Cuba opens sugar sector to foreign management
Microsoft’s investment in Brazil to spur Rio research boom-execs
Telecom Italia looking at GVT, other opportunities
Wuhan Steel shelves plans to build Brazil mill
A new wave of Brazilian infrastructure investment
Brazil’s Itaqui port plans $3.2 billion upgrade
Rio Olympics, World Cup at risk with royalty bill, governor warns

 

Latin America

Paving the Way  High-­Tech Financial Infrastructure Hits LatAm

Foreign market leaders such as Fidessa, Direct Edge and Navatar are challenging local providers in the race to meet the booming region’s needs. The growth in size and sophistication of LatAm capital markets has both fueled and been fueled by the implementation of high-tech financial infrastructure in the region, as the hardware and software that have  been the foundation …

 Latin American yields fall further in a warning to bond investors
Impoverished Iberians, booming Latin America eye new relations
Africa and Latin America Still Fight Vulture Funds
More LatAm ETFs Your Broker Forgot to Mention
UN asks LatAm firms to grow with social responsibility
Private Equity Lures Pensioners as Bond Yields Sink
Argentina’s Debt Restructuring Argument Could Be Very Significant For The Global Economy
Argentina’s YPF 3rd-Quarter Profit Down 51% on Year at $159 Million
Bolivia Returns to the Global Bond Market
Chile pension fund-ordered estimate lowers Endesa Latam asset value
Chilean regulator to put new limits on pension fund investments
Germany’s Solarstrom enters Latin America with 2MW in Chile
Colombia opens criminal probe into Interbolsa collapse
Colombia’s Interbolsa brokerage to be liquidated
Public-Private Partnerships in Colombia: Scaling-up Results
Paraguay, Worst LatAm Economic Result of 2012
Peru May Invest About $5.2 Billion in Water, Wastewater Projects
Aeropuertos del Peru mulling over opportunities in Brazil and Chile
Overseeing Peru’s international appeal at ProInversión

Filed under: Argentina, Banking, Brazil, Chile, China, Colombia, Energy & Environment, Latin America, Mexico, Peru, Risk Management, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Latin America: Investor News Letter 21.September 2012

Mexico

Analysis: China worries spur Mexico stock market flows

MEXICO CITY – Mexico has been on the wrong side of China’s economic boom for the last decade, but is now seeing an upturn in its fortunes as the Asian powerhouse’s economy slows and international stock pickers look to hedge their bets.

Can Mexico live up to its investment potential?
Deutsche Bank Downbeat On Brazil In Wake of Intervention; Mexico Retail Sales Up

Mexico, the “Forgotten” Emerging Market


Brazil

Brazil mulls raising Mexico car trade quota – sources

Brazil is considering raising a three-year bilateral auto trade pact quota it agreed to with Mexico in March, potentially allowing Mexican exporters to sell around $350 million worth of additional vehicles to the Brazilian market annually.

Brazil: PE cools in Brazil, warmes in Mexico and Andes

US urges Brazil in “clear terms’ not to hike tariffs

Brazil reacts to US stimuli saying it will keep the Real ‘devalued’ and competitive

Brazil ethanol returns to US as biofuel rules pave way

Goldman Sachs Plans Private-Equity Comeback in Brazil


Latin America

Colombia rapidly becoming another “positive surprise” from Latinamerica

Uruguay’s economy suffers slight deceleration in 2Q but on track to the 4% target

IMF calls on Argentina to implement measures on the quality of official data

Moody’s changes Argentina rating outlook to negative from stable

Deal Analysis: Panama City Metro Line 1

Gazprom in talks with Argentina’s YPF on LNG supplies

Private equity in LatAm: less new money, more deals

Shadow banking to dominate in LatAm projects

Cuba struggles with foreign investment, growth

China Steps Up Push Into Latin America

Korean Art fair highlights Latin American art

Filed under: Argentina, Banking, Brazil, Central America, Chile, China, Colombia, Energy & Environment, Events, Latin America, Mexico, Peru, Risk Management, Wealth Management, , , , , , , , , , , , , , , , , , , , , , ,

Latin America: Investors Newsletter 13 April 2012- Alternative Latin Investor

Alternative bioenergy M&A picks up steam in LatAm
-
Ethanol deals wait for better days

Alternative bioenergy crops could drive the next big wave of M&A in Latin America, much like sugarcane drove activity during the ethanol boom in the early 2000s, according to industry sources.

European Bank Crisis
-How will it affect Latin America?

European banks provide 45% of all the external credit lines to LatAm. Could a pullback from their international lending activities affect the operations of LatAm companies?

Other News from Latin America

LatAm tops for emerging Private Equity 

UBS Promotes LatAm Dealmaker 

Latin America’s Start Ups Expand: From Silicon Valley to Tequila Valley 

GM urges Latin America to honor trade pacts 

Private Equity Poised For Gains In Brazil On Growth Ahead 

Brazil Stocks Erase Gains, Slump On Foreign Investor Exit

Mexican firm eyeing Cuba offshore oil projects

Mexico steps out of Brazil’s shadow

Chile LAN-Brazil TAM Tie-Up Co Seen Having 2014 Revenue Of $17.5 Billion

YPF Jumps on Report Argentina Seeks Control: Buenos Aires Move

Investors Should Say Goodbye Argentina

Peru Central Bank Buys $668 Million to Stem Sol Gain: Lima Mover

Uruguay’s Credit Rating Returned to Investment Grade by S&P

Fitch revises outlook on 5 Venezuelan banks to negative

Ecuador Chosen as Best Overseas Residential Investment Market

 

Source: Alternative  Latin Investor, 13.04.2012

Filed under: Argentina, Brazil, Chile, Colombia, Latin America, Mexico, Peru, Risk Management, Venezuela, , , , , , , , , , , , , , , , , , , , ,

Alternative Latin Investor Issue 5 July/August

Alternative Latin Investor Issue 5 July/August 2010 click here for a free issue

Issue 5 Content Index

  • Argentine Wind Power A solid investment opportunity in Argentina’s market for wind energy
  • Vanilla Investment potential of the world’s second most expensive spice
  • The Latin American Trust Patricio Abal & Gonzalo Oliva-Beltrán explore a useful tool in project finance.
  • A New Era for Investment in Argentina Javier Canosa discusses post crisis investment issues in Argentina
  • Mexico: Superstar Player of the Emerging Economies Latin America’s newest investment beacon
  • Cuba: Return to capitalism?
  • Merlin Securities’ Best Practices for Latin American Fund Managers
  • Christie’s Latin Art Sale Breaks $20 Million Dollars
  • Chinese Brazilian Trade Ties Continue to Grow
  • Fine Wine Investors Thank Latin America for a Healthy Profit
  • Nordeste Invest : Coming to terms with a new reality        
  • Mark McHugh discusses the resilience of the Brazilian Real Estate Economy
  • Lending Opportunities In Mexican Affordable Housing
  • Mexico’s sovereign debt looks more attractive at present than that of any other G-8 country
  • LatAm Real Estate Index
  • Private Equity real estate investing  in Latin America
  • Forex:  The World Cup Effect
  • Investment Analysts Try Their Luck with World Cup

Source: Alternative Latin Investor 23.07.2010

Filed under: Argentina, Brazil, Chile, Colombia, Energy & Environment, Latin America, Mexico, News, Services, Wealth Management, , , , , , , , , , , , , , , , , , , , , , ,

China’s influence in Latin America

While the United States is preoccupied with other parts of the world, China is paying ever more attention to Latin America, sending leaders to the region, opening banks and promising investment. At this writing, two Chinese leaders are touring the Western Hemisphere.

One of them is Vice President Xi Jinping, who is likely to succeed President Hu Jintao early next decade as China’s maximum leader. Xi left this morning on a tour that will take him to Mexico, Jamaica, Colombia, Venezuela and Brazil, all nations eager to enhance ties with China.

Elsewhere in the region, Vice Premier Hui Liangyu is paying official visits to Argentina, Ecuador, Barbados and Bahamas from Feb. 7 to 19. Might seem like no big deal, you say? Well, recall that President Hu visited Latin America in November, stopping in to Cuba and Peru. And while Hu was rubbing elbows with most of the major Latin presidents at the APEC summit in Lima, China’s highest ranking military officer was elsewhere in South America on tour. That officer, Xu Caihou, is vice chairman of the Central Military Commission, which controls the People’s Liberation Army. Only President Hu outranks Xu in the military hierarchy. On his trip in November, Xu toured military installations in Venezuela, Chile and Brazil and promised increased exchanges between the two regions.

For Washington to match this pace of high-level visits, it would have to send President Barack Obama, Vice President Joe Biden, Chairman of the Joint Chiefs of Staff Adm. Mike Mullen and a fourth senior official, perhaps Secretary of State Hillary Clinton, to Latin America within four months.

I doubt we will be seeing that. The Chinese officials aren’t going empty handed either. Just take a look at the $7.3-million national stadium Chinese workers are erecting in the Bahamas, a quick boat ride from Miami. I’m sure Hui will tour the site later this week and receive multiple huzzahs from the Bahamians for this showpiece project.

Xi will be attending a big powwow of Mexican industrialists on Tuesday. If one were looking for a specific gauge of China’s growing influence on the world stage in relation to the United States, one could do worse that just studying the Beijing-Washington-Latin America triangle.

Consider the trade numbers between China and Latin America and the Caribbean, for example. Trade between the region and China jumped 13-fold since 1995, from $8.4 billion to $110 billion in 2007. China is now the region’s second biggest trading partner after the United States.

A concrete sign of China’s growing trade importance occurred just a couple of weeks ago. On Jan. 12, China formally became a member of the Inter-American Development Bank, the leading hemispheric financing arm for long-term development projects. As Chinese Ambassador Zhou Wenzhong signed the forms for membership, China also threw in $350 million into bank coffers. With the Chinese flag flies along with the other 47 flags of the IDB’s member states.

Another sign of Chinese interest: Beijing has agreed to open branches of the China Development Bank in Mexico, Brazil and two other countries, a sign of intensified trade cooperation. My understanding is that this is a quasi-private bank. The world has indeed grown smaller. If Latin America was once considered part of the U.S. backyard, it’s now also part of China’s backyard.

Source: McClatchy Newspapers By Tim Johnson 08.02.2009

Filed under: Banking, China, Energy & Environment, Latin America, News, Venezuela, , , , , , , , , , , , , , , , ,

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