** FT News **

* Stocks slip as Ukraine tensions build | S&P 500 futures show dip below 2,000 as heightened concerns about Russia’s relationship with the west helps reduce risk appetite Continue reading »

** FT News **

* Brazil national park draws private equity | US private equity group Advent International invests in national park service provider to capitalise on growing interest in leisure activities

* Ukraine rebels extend fight to south | The fighting around Novoazovsk creates a new front in the conflict on the Black Sea coast which Kiev has used as a logistical base Continue reading »

** FT News **

* Evidence grows of Russian army in Ukraine | Kiev releases videos of four captured Russian soldiers who say they were sent by Moscow to eastern Ukraine for military operations

* Israel and Hamas agree open-ended truce | Both sides accept an Egyptian-brokered open-ended truce after a day in which Hamas fired some of the heaviest barrages of rockets since the war began Continue reading »

** FT News **

* Ukraine president calls snap elections | Complete overhaul of government was one of the central demands of protesters who toppled the previous president, Moscow-friendly Viktor Yanukovich

* India declares coal mining licences illegal | Ruling plunges battered resources sector into fresh uncertainty with sharp falls in share prices of Tata Steel and Hindalco Continue reading »

** FT News **

* Ukraine president calls snap elections | Complete overhaul of government was one of the central demands of protesters who toppled Moscow-friendly Viktor Yanukovich from the presidency

* Asian markets drift lower | Hopes of further easing from the European Central bank buoyed overnight equities but the rally fizzled out in Asia Continue reading »

** FT News **

* Poroshenko warns of ‘constant threat’ | President flexes his might by holding a military parade that featured missile launchers as he allocates an additional $3bn in defence spending

* Stocks rally after dovish Draghi speech | ECB president steals limelight from Fed chairwoman Janet Yellen at the annual Jackson Hole gathering of central bank policy makers Continue reading »

** FT News **

* US journalist freed by al-Qaeda-linked group | The freeing of Peter Theo Curtis – who was held by Jabhat al-Nusrah in Syria for nearly two years – follows the murder of James Foley last week

* Poroshenko warns of ‘constant threat’ | President flexes his might by holding a military parade that featured missile launchers as he allocates an additional $3bn in defence spending Continue reading »

** FT News **

* US signals escalation in Isis fight | Chairman of joint chiefs says Isis must be addressed ‘on both sides of what is essentially at this point a non-existent border’ between Iraq and Syria

* Rosneft hit as $2bn Vitol deal scrapped | Russian state oil group’s projects may be in jeopardy without western financing and technology, even though China is set to continue advance payments Continue reading »

** FT News **

* Germany agrees to arm Iraq | Obama said the US would be ‘vigilant’ and ‘relentless’ in protecting its citizens, a sign that the US will pursue Isis

* Brazil injects extra $4.5bn into economy | President Dilma Rousseff’s administration is struggling to boost growth in the face of high inflation and a looming, tightly fought election Continue reading »

** FT News **

* Isis claims to behead captive US journalist | White House said the intelligence community was trying to determine the authenticity of a video showing James Foley

* Rockets prompt Israel to end Gaza talks | Israel blames Hamas for breaking the fragile truce and resumes its bombing campaign, temporarily ending the indirect talks sponsored by Egypt Continue reading »

** FT News **

* Kurds retake Mosul dam from Isis | US launches most intensive day of air strikes, since intervening in conflict 10 days ago, to pave way for peshmerga victory

* Egg producer to challenge Crimea asset grab | London-listed company plans court action after Crimean leaders revealed plans for a forced buyout of Avangardco’s local egg production factory Continue reading »

By Dan Gallucci

The economic modernisation of Myanmar continues at a rapid clip. In the critical sectors of telecommunications and banking, a combination of government and private sector efforts have set the foundation for the country’s next stage of growth. Nevertheless, significant challenges lie ahead.

Earlier this month Qatari telecom Ooredoo (ORDS:DSM), launched mobile phone and 3G internet services in greater Yangon, Mandalay and Naypyidaw. According to the company, the initial networks reach 7.8m people, about 15 per cent of the population. Norway’s Telenor (TEL:OSL) will open similar coverage in September. Continue reading »

** FT News **

* Kurdish forces encircle Mosul dam | US forces bomb area three to four times a day earlier in preparation for the Kurdish offensive on the dam, which is seen as an important target

* Ukraine claims breakthrough in east | Kiev says troops have advanced into Lugansk as talks resume and diplomatic efforts to prevent escalation of the conflict quickened Continue reading »

** FT News **

* Russian convoy heads for Lugansk | A convoy of Russian aid trucks turned towards Rostov on Thursday, adding to speculation that it might enter Ukraine through separatist territory

* Brazil crash kills presidential candidate | The death of Eduardo Campos in a private jet accident changes the outlook for October’s election, in which Dilma Rousseff is battling to stay in power Continue reading »

** FT News **

* Brazil crash kills presidential candidate | The death of Eduardo Campos in a private jet accident changes the outlook for October’s election, in which Dilma Rousseff is battling to stay in power

* US scales back Iraq rescue mission plans | US says there are far fewer Yazidis in need of help than previously thought, making an international force Continue reading »