Bloomberg - Mexico’s central bank held its benchmark interest rate at a record low after inflation began to ease amid its longest period above the target range since Governor Agustin Carstens took office.
Dow Jones - Mexican beverage and retail company Femsa said it isn't likely to start flooding the market with Heineken shares come April, as permitted under the terms in which Femsa agreed to sell its beer business to the Dutch brewer in 2010.
ETF Strategy - S&P Dow Jones Indices has announced the launch of the S&P SMIT 40 Index, an index designed to measure the performance of 40 leading companies from four emerging markets: South Korea, Mexico, Indonesia and Turkey (“SMITs”).
Bloomberg - Mexico’s peso bond yields rose to a four-week high as an improving economic outlook locally and abroad damped demand for assets seen as a refuge. Demand for Mexican bonds has been declining along with that of U.S. Treasuries.
Reuters - Mexico's top cementmaker Cemex saidit plans to list about 24 percent of its Cemex Latam Holdings unit on the Colombian stock market in the latest step to raise cash to help it ease bulky debts.
Globe and Mail - Mexico’s bourse is the second-best performing major market in the world. The benchmark IPC index has soared 23.6 per cent, as investors have become increasingly convinced that cartel violence can’t derail Mexico’s economic growth.
Reuters - Japan's Kokusai Asset Management, the manager of the country's biggest mutual fund, said it has added Mexico and Poland to its $19 billion flagship bond fund in a bid to diversify its allocations and boost investment returns.
Reuters - Mexico's annual inflation accelerated to a 2-1/2-year high further above the central bank's ceiling in September but analysts expect policymakers to hold their fire and not raise interest rates for now.
Parda Phash - The Mexican government is inviting children to invest their savings in Treasury bills, known as "Cetes". Participants can purchase Treasury securities via the Internet or by telephone.
Bloomberg - Sanluis Rassini, a Mexican auto parts maker, postponed plans to sell $250 million of 10-year bonds in international markets, said Juan Pablo Sanchez Kanter, an investor relations official at the company.