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Dec 9, 2013
Dec 9, 2013

Mongolia looks for second chance with foreign investors

NEW YORK, Dec 9 (Reuters) – Saruul Ganbaatar, the deputy
head of Mongolia’s stock exchange, hopes the country’s days of
interventionist economic policies are over and new laws ensuring
foreign investors’ access to the frontier market’s industries
will bring back sorely needed cash.

In mid-2012, Mongolia rushed into law restrictions on
foreign ownership of strategic sectors such as mining,
telecommunications and banking. The government hastily created
the legislation to block Chinese state-owned Aluminum Corp of
China (Chalco) from gaining a controlling stake in
Mongolia-focused coal miner SouthGobi Resources.

Dec 5, 2013
Dec 5, 2013
Dec 5, 2013
Dec 5, 2013
Dec 5, 2013
Nov 22, 2013

Emerging markets Q3 CDS trading volumes rise; Gazprom surges-EMTA

NEW YORK, Nov 22 (Reuters) – Emerging market credit default
swap contract trading volume rose 39 percent to $297 billion in
the third quarter of this year versus the same period in 2012,
according to data released on Friday by EMTA, the trade
association for the emerging markets.

CDS act as a kind of insurance for investors who own debt,
in this case debt issued by sovereign nations, against potential
default or restructuring.

Nov 22, 2013
Nov 20, 2013
    • About Daniel

      "I'm a New York-based global investment correspondent with over 20 years of experience covering financial markets, business and foreign policy. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught business and economic journalism from Asia, Europe, Latin America and the United States. Prior to joining Reuters I was a producer at CNN Business News in New York."
      Joined Reuters:
      1997
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