ChanPark International global market synopsis - Shanghai equities make up ground on evidence of further recovery in the Chinese manufacturing sector, and US index futures are flat.

It appears that Echo Entertainment is about to lose its exclusive gaming license of Sydney after the government backed the development of a competing 6 star hotel and gaming resort.

Growth in global gross domestic product is slowing worldwide as emerging markets struggle, but a pickup in developed economies appears imminent.

After receiving approval to develop a resort on the Cotai strip, SJM Holdings now needs to focus on obtaining construction approval - ChanPark International.

ChanPark International Senior Wealth Manager predicts that the euro will reach parity with the US dollar before the European debt crisis is fully resolved.

ChanPark Report: Stock markets are on an upswing as European officials are making progress towards addressing the region's long-running debt crisis.