Emerging-market telecom buyers get picky (MarketWatch): As international telecommunications operators shelve expansion plans to preserve cash and the myth collapses that emerging-market economies are independent from their western counterparts, the face of dealmaking in telecom is changing rapidly.
Emerging markets face capital squeeze, action needed: IIF (Reuters): Private capital flows to emerging markets are set to [...]

China’s growth slows as Geithner stirs currency concerns

Chinese Shares in U.S. Fall to 2-Month Low on Growth Concern(Bloomberg): Chinese stocks trading in the U.S. fell to the lowest in two months, led by commodity producers, after the world’s third-largest economy grew at the slowest pace in seven years.
The nation’s leaders “will do anything” to maintain an economic expansion of about 8 percent, [...]

Civil unrest can test emerging markets, Mobius says

Civil unrest biggest threat to emerging markets (Financial Times): Civil unrest could be one of the biggest risks facing the emerging markets sector in the next 12 months, according to Franklin Templeton’s Mark Mobius.

He said Brazil, China and Turkey were very attractive markets in the current environment, as these economies stood to gain from monetary [...]

Russia’s currency edges closer to disaster

Ruble Drops to Pre-1998 Crisis Low on 6th Devaluation This Year (Bloomberg): The ruble fell below the weakest level during the 1998 Russian crisis after the central bank devalued the currency for the sixth time in seven days to protect reserves.
Deripaska, Potanin Propose Russian Metals Merger (Bloomberg): Billionaires Oleg Deripaska and Vladimir Potanin proposed [...]

Satyam scandal

Satyam executives arrested (Financial Times): The Chief Financial Officer of India’s Satyam Computer Services was arrested, Hyderabad police said on Saturday, as authorities seek to unravel India’s biggest corporate scandal.
Satyam’s Raju Faces Charges as Government Reconstitutes Board (Bloomberg): Satyam Computer Services Ltd. founder Ramalinga Raju and his brother Rama faced charges of criminal conspiracy and breach [...]

Emerging Markets – Economic stimulus plans aid stocks, bonds (Reuters): Emerging market stocks, bonds and currencies rose on Monday on expectations of interest rate cuts in the new year and a major U.S. economic stimulus package that would help lift the global economy out of its doldrums.
Brace yourself: Political-market risks in 2009 (Reuters): There are [...]