China's central bank in February raised the required proportion of deposits banks must hold in reserve for the second time this year.

Zimbabwe's government is continuing its campaign against foreign ownership, insisting that businesses with assets of more than $500,000 must be 51%-owned by black Zimbabweans within five years of this month.

Abu Dhabi Investment Authority, the world's biggest sovereign wealth fund, has purchased an approximately 15% stake in London's Gatwick Airport, although it would not confirm the exact size of the holding or the price paid.

Auto sales in India increased sharply over the past year, with the Society of Indian Automobile Manufacturers claiming sales have jumped by 50% since January 2009. Commercial vehicle sales volumes grew by 130%, utility vehicles by 54% and passenger cars by 32.3%.

Brazil's Cosan, the world's largest ethanol and sugar processor, and Royal Dutch Shell are merging their Brazilian operations in a deal valued at $12 billion. Under the plan,

Russia's finance ministry hired a team of investment banks to help it prepare for the country's first eurobond sale since 1998. A first tranche out of a total issuance of up to $18 billion will probably go to market in the second quarter of the year.

Hedging currency exposure in illiquid and volatile frontier markets is about to get easier for investment funds focused on microfinance. Cygma Fund, based in Kennett Square, Pennsylvania, is being set up as a hedging platform to mobilize local-currency financing.

Shandong Luoxin Pharmacy Stock Company has become the first China-based firm to trade American depositary receipts (ADRs) on the over-the-counter market’s premier platform, OTCQX International.

LLX Logística was created in 2007 by Eike Batista-controlled EBX Group to build three large private ports serving southeastern Brazil, a region that accounts for more than 75% of the country’s exports.