Maintain Reduce: Rule of three Some underlying North America improvement + strong Speck sales drive earnings beat China Financial Daily: PBOC Said to Control Mortgage Lending in Over-heated Markets South Africa ratings: On borrowed time? Improving sales momentum; Sustainable for how long? Initiate at Buy: All that cash The Result of OPEC Meeting made Crude Oil Fluctuating HSBC Asia-Pacific Refining & Chemicals Weekly Chartbook: Refining margin stayed firm, chemical spread weakened due to higher fee Latin America Daily Spotlight Switching into a higher gear