* Singapore, Malaysia agree to high-speed rail link

* China military linked to hacking attacks

* Amplats suspends production after clashes

* Mining industry hit by ‘capital strike’

* Philippines trounces global stocks in Aquino-led rally

* IHG hopes Chinese sales will rebound

* HM says preparing to enter India

* Singapore, Malaysia agree to high-speed rail link

Markets: mostly down

China military linked to hacking attacks
A US company has accused a Chinese military intelligence unit in Shanghai of conducting a huge cyber-espionage campaign against western companies, in the most specific allegations that the People’s Liberation Army sponsors hacking.
http://on.ft.com/W7f1vJ

Amplats suspends production after clashes
Wildcat strikes at Anglo American Platinum forced the world’s biggest producer of the precious metal to suspend production at its entire South African operations on Tuesday, a day after at least 13 people were injured in violence at one of its mines.
http://on.ft.com/XquPfj

Mining industry hit by ‘capital strike’
Funds raised by mining and metal companies fell more than 25 per cent last year from 2011, the first annual drop since the 2008-09 global financial crisis, according to the first tally for the whole year released by consultants Ernst Young.
http://on.ft.com/YvC3xV

Philippines trounces global stocks in Aquino-led rally
The world’s biggest equity bull market is propelling Philippine valuations to all-time highs as international investors pile into the country’s stocks in an endorsement of President Benigno Aquino’s economic policies.
http://bloom.bg/151A34H

IHG hopes Chinese sales will rebound
InterContinental Hotels hopes that its Chinese sales growth will soon rebound after being constrained by the change in the country’s political leadership and diplomatic tension with Japan.
http://on.ft.com/YDoyLj

HM says preparing to enter India
Budget fashion retailer Hennes Mauritz said on Tuesday it was preparing to apply to enter India, which last year fully opened up single-brand retail to foreign firms.
http://reut.rs/W14LKN

Singapore, Malaysia agree to high-speed rail link
Singapore and Malaysia moved to strengthen growing economic ties on Tuesday with plans to build a high-speed rail link by 2020 that will cut travel time between the wealthy city-state and Kuala Lumpur to 90 minutes.
http://reut.rs/ZciueT

Emerging Markets
MSCI Emerging Market Index down -0.14% at 1,063

Europe
FTSE down +0.33% at 6,339
RTS up +0.45% at 1,586
Warsaw Wig up +0.25% at 46,624
FTSE 300 Eurotop up +0.59% at 1,166

Americas
DJIA up +0.06% at 13,982
SP 500 down -0.10% at 1,520
Bovespa down -0.50% at 57,614

Asia
Nikkei 225 down -0.31% at 11,372
Topix up +0.10% at 963.61
Hang Seng down -1.02% at 23,144
Shanghai Composite down -1.60% at 2,383
MSCI Asia ex-Japan down -0.24% at 482.17
SP CNX Nifty Index up +0.70% at 5,940

Currencies
€/$ 1.33 (1.33)
$/¥ 93.52 (93.95)

Commodities
Brent Crude (ICE) down -0.12 at 117.26
Light Crude (Nymex) down -0.44 at 95.42
100 Oz Gold (Comex) up +4.50 at 1,613

 

* Singapore, Malaysia agree to high-speed rail link