Emerging Markets

Satyam Chairman Raju Quits After Saying Profit Was Inflated; Shares Plunge Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of India’s fourth- largest software services provider.

Gazprom Halts All Gas Supplies to Europe Through Ukraine, Naftogaz Says Russian natural-gas exports through Ukraine to Europe halted for the first time in three years, threatening to create shortages as freezing weather spurred demand for power.

Brazilian Currency Declines Most Against the Dollar in More Than a Week Brazil’s real fell the most against the U.S. dollar in more than a week.

Romanian Stocks Plummet as Suspended Banca Transilvania Trades, Gas Halted Romania’s benchmark stock index fell 12 percent as Banca Transilvania SA, the country’s second- biggest publicly traded bank, resumed trade and Russia cut gas shipments.

Bank of America Will Sell Up to $2.8 Billion of China Construction Stake Bank of America Corp. sold $2.8 billion of China Construction Bank Corp. shares to replenish capital after completing the biggest financial-services acquisition announced in 2008.

Yuan's Gain Hollows Out South Korean Enclaves in China as Expats Go Home Kim So Hyun came to China to study medicine in 2004. Now, she may join the tens of thousands of South Koreans who went home last year as the yuan strengthened against the won, raising the cost of living.

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